Life insurance cover comes in many different shapes and sizes. Understanding what's right for you can be complicated. Our Insurance Specialists are here to make it easy, by providing a tailored insurance plan that is based on your needs.
Provides financial security for your loved ones when you no longer can. It can be used to cover day-to-day expenses including mortgage and car repayments, school fees and utilities bills.
Provides you with the financial support you need so you can concentrate on you. Normally covers up to 75% of gross income if injury or illness prevents you from working.
Pays a lump sum benefit if you're no longer able to work due to an injury or sickness. Can cover lost income or home alterations if you're unable to work due to disability caused by illness or injury.
Helps ease the financial burden should you be unfortunate enough to suffer a traumatic event such as cancer, or suffer trauma including heart attack, stroke or paralysis.
Take up a Life Insurance Policy through a Citibank Insurance Specialist or via referral by Citi to an approved referral partner between 7 August 2017 and 31 December 2017 with policy to commence by 31 March 2018.
Pay the annual premium upfront and you'll receive your rebate after you hold your policy for 3 months. Otherwise if you elect to pay the premium monthly you'll receive your rebate after you pay a full 12 month period.
Your rebate will be paid to your nominated account. You'll receive a rebate up to $1000 on the first year's premium. However where the value of the annual premium is less than $1000, the rebate will be paid to the value of the premium.
1. Citigroup Pty Limited (Citibank) is offering existing clients an opportunity to receive a discount on their life insurance premium in the form of a rebate when they purchase a new life insurance policy through a Citibank Insurance Specialist or via a referral by Citibank to MBS Insurance Co Pty Ltd ABN 56 612 480 270 (MBS) or Complete Risk Analysis Pty Ltd ABN 74 083 191 137 (CRA). Insurance policies held within superannuation are excluded. Citibank will rebate the first 200 clients who are issued with a new life insurance policy up to $1000 on their first year's insurance premium. Where the value of the premium is less than $1000, the rebate will be paid to the value of the premium. The rebate is limited to one payment per life insurance policy only. To be eligible for the rebate, clients will need to submit their application by 31 December 2017, and the policy must commence by 31 March 2018. Clients can elect to pay the cost of the premium either upfront or by the month (where the option is available). Where an election is made to pay the annual premium upfront the policy needs to remain in force for a minimum of 3 months after being issued; alternatively if an election is made to pay the premium monthly then the premiums must be paid for a full 12 month period before the rebate will be paid (the Policy Hold Period). The rebate is available to any Australian Citizen or Permanent Resident above 18 years of age. Any rebate to which a client is entitled will be paid directly into their nominated bank account. The rebate will be paid by Citibank to the nominated client bank account within 60 days after the Policy Hold Period.
This is general advice only and was prepared without taking into account your objectives, financial situation, or needs. Before acting on this advice you should consider if it's appropriate for your particular circumstances. You should also obtain and consider the relevant Product Disclosure Statement and terms and conditions before you make a decision about any financial product, and consider if it's suitable for your objectives, financial situation and needs. Citigroup Pty Limited ABN 88 004 325 080 AFSL/Australian credit licence 238098.