Protect yourself and your family
Our insurance solutions
Sometimes life doesn't go to plan. That's why it's important you prepare for the best outcome in case the unexpected happens. BT offers a comprehensive range of flexible insurance solutions, designed to ensure that you and your loved ones are protected should the unexpected happen.
Did you know?
Australians are underinsured by 63%. This represents a gap of $304 billion per annum between existing insurance and the level of cover considered adequate.
Source: KPMG, “Underinsurance – Disability Protection Gap in Australia”, January 2014.
Save even more
Receive a multi-policy discount of 5% when you take out both Term Life for Mortgages and Income Protection for Mortgages.*
Plus if you have a Premier Advantage Package - Westpac Protection Plans and Westpac Protection Plans for Mortgage Customers receive an additional 5% discount off the annual premiums.**
Things you should know
Westpac Protection Plans for Mortgage Customers, which includes Term Life for Mortgages and Income Protection for Mortgages, are issued by Westpac Life Insurance Services Limited ABN 31 003 149 157 (WLIS), and distributed by Westpac Banking Corporation ABN 33 007 457 141 (‘the Bank’). The Bank does not guarantee the insurance. Protection Plans are issued by WLIS, except for Term Life as Superannuation and Income Protection as Superannuation which are issued by Westpac Securities Administration Limited ABN 77 000 049 472 (WSAL) as trustee of the Westpac MasterTrust ABN 81 236 903 448. WLIS and WSAL are wholly owned subsidiaries of the Bank. The Bank does not guarantee the insurance. This information is general information only. It does not take into account your personal circumstances, financial situation or needs and so you should consider its appropriateness having regard to these factors before acting on it. Terms and conditions, and limitations and exclusions apply. Read the relevant Product Disclosure Statement to see if this insurance is right for you. Call 131817 or visit bt.com.au
*Premium discounts quoted are for both premiums.
**If you have a Premier Advantage Package you will receive an additional 5% discount off the annual premiums, which when combined with the multi-policy discount of 5% off the premiums when you take out both Term Life for Mortgages and Income Protection for Mortgages, will equate to a cumulative discount of 9.25% off the annual premiums (less Policy Fee and Stamp Duty).
© BT Financial Group – a division of Westpac Banking Corporation ABN 33 007 457 141 AFSL and Australian credit licence 233714
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