Critical Illness or Trauma Insurance
Have the comfort of knowing you may access medical treatment, pay for rehabilitation, or even cut back at work to concentrate on your recovery, if you become critically ill or injured.
What is Critical Illness Insurance?
Critical Illness Insurance, also known as Trauma Insurance, provides additional coverage for medical emergencies like heart attacks, strokes or cancers, by providing a lump sum payment that may help support you financially so you can focus on your recovery.
Our life insurance partner TAL
TAL is our life insurance partner and one of Australia’s largest life insurers. With more than 150 years’ of experience, TAL is trusted by millions of Aussies to protect them and their families.
Key features and benefits
Critical illness benefit
Get a quote online for cover of up to $500,000. For cover up to $2 million, call TAL on 1300 346 709.
Built-in paralysis support benefit
Doubles your cover amount to a maximum of $2 million, offering support if you’re faced with the profound impact of permanent paralysis, as defined by TAL.
Child’s Critical Illness benefit
A built-in benefit that covers kids between 2 and 19 (at their next birthday) up to $10,000 if they suffer a specified critical illness event. Additional cover is available on application.
Advancement benefit (Premier policy only)
Receive advanced payment of a portion of the Critical Illness Insurance benefit amount for specified injuries and illnesses, including some early stage cancers.
The type of Critical Illness Insurance and any applicable options will be stated in your policy schedule.
Terms and conditions apply.
To find out more, visit the TAL website. The information you provide on the TAL website will be subject to TAL’s Privacy Statement and Privacy Policy, available on their website.
Why TAL Critical Illness Insurance
Flexible cover options
You can choose from a range of features and benefits to suit your needs.
More than 150 years’ experience
A trusted provider of Life, Total and Permanent Disability, Critical Illness and Income Protection insurance for over 150 years.
24/7 grief counselling
Access for you and your family to a dedicated support service.
$3.5 billion in claims paid*
Helping more Australians with the moments that matter.
TAL rewards you for healthy living
TAL rewards you with lower premiums for looking after your health. Get upfront ongoing discounts of up to 15% on Life, Critical Illness and TPD insurance premiums, with TAL's Health Sense program.
Eligibility criteria and T&Cs apply. Discount calculated and applied by TAL. To find out more, visit the TAL website.
Getting started is simple
1. Explore cover options
Click the link below to explore TAL’s Accelerated Protection range of products.
2. Get a quote in minutes
You can get your indicative, no-obligation quote by entering your personal details, such as: date of birth, gender, occupation, income, smoking status and contact details and hit submit.
The information you provide on the TAL website will be subject to TAL’s Privacy Statement and Privacy Policy, available on their website.
3. Apply and secure your cover
Depending on the information provided in the quote form, you'll be able to either proceed online or continue the application via a callback from a TAL consultant.
Frequently asked questions
TAL Critical Illness Insurance provides a lump sum payment to help support you financially if you are diagnosed with a serious illness or experience a specified serious event. This payment could be used to cover medical expenses, debts, or other financial obligations to allow you to focus on your recovery.
What other insurance can I include in my Life Insurance plan?
TAL Accelerated Protection has a range of insurances you can include to build cover that’s just right for you.
Life Insurance
Pays a lump sum in the event of your passing or terminal illness which may support your family if you pass away.
Total & Permanent Disability (TPD) Insurance
Pays a lump sum enabling options on care and way of life if you become permanently disabled and can’t work.
Income Protection Insurance
Provides you with recurring income to help you focus on recovery if you're unable to work due to sickness or injury.
Life insurance help & guides
The Detail
*In 2022/23 TAL paid $3.5 billion in claims.
^A maximum 15% Health Sense discount applies to lump sum premiums for non-smokers meeting the BMI criteria that hold 4 benefit types (Life; Critical Illness; TPD and Income Protection (IP)) and meeting minimum sum insured amounts for all benefit types. Lower discounts will apply for other benefit combinations and smokers. More information is available on request from TAL.
For customers with loadings, the Health Sense discounts apply to premiums including loadings (except loadings applied on a per-mille basis) and apply to Life Insurance, TPD Insurance and Critical Illness Insurance benefits only. Where a per-mille loading has been applied, the discount will not apply on additional premium resulting from the per-mille loading (an example of a per mille loading is $5.00 extra premium per $1,000 sum insured). Health Sense discounts only apply to Life Insurance, TPD Insurance and Critical Illness Insurance benefits only.
Any financial product advice provided on this website is of a general nature only and does not take into account your personal circumstances. Bank of Melbourne refers customers to TAL Life Limited ABN 70 050 109 450 AFSL 237848 (TAL Life), the issuer of life insurance policies. TAL Life is part of the TAL Dai-ichi Life Australia Pty Ltd ABN 97 150 070 483 group of companies (TAL). If you purchase a life insurance policy as a result of a referral from us, Bank of Melbourne will receive a commission of 10% of your premiums (exclusive of GST) for the period you continue to hold a policy.
Before purchasing life insurance, you should read the Product Disclosure Statement (PDS) and the Target Market Determination (TMD) to help you decide if life insurance is appropriate to your objectives, circumstances and needs. You can obtain the PDS and TMD from TAL’s website or by calling TAL on 1300 346 709.
By accessing TAL’s website, you will enter a third-party site not owned by Bank of Melbourne. Any personal information you provide to TAL's website will be collected, used, and disclosed in accordance with TAL's Privacy Statement and Privacy Policy, also available on their website.
If you would like help deciding whether life insurance is right for you, we recommend speaking to a financial adviser.
Bank of Melbourne's Privacy Statement is available at bankofmelbourne.com.au/privacy/privacy-statement or by calling 13 22 66. It covers:
- How you can access the personal information Bank of Melbourne holds about you and ask for it to be corrected;
- How you can complain about a breach of the Privacy Act 1988 (Cth) or a registered Code by Bank of Melbourne and how Bank of Melbourne will deal with your complaint; and
- How Bank of Melbourne collect, hold, use and disclose your personal information in more detail.