Get Accidental Death Insurance Online

Aspect makes obtaining Accidental Death Insurance easy and convenient. With our user-friendly online platform, you can get a custom quote in just a few simple steps. Whether you need a standalone Accidental Death cover or want to combine it with additional options like Income Protection or Trauma Cover, our intelligent cover builder provides flexible solutions tailored to your needs. Protect your family’s financial security with Aspect’s efficient and hassle-free online insurance process.

From a quote to fully covered in under 10 minutes, no phone calls required.

Secure your family against financial adversity in case of your accidental death.

Insure a sum based on your circumstances, covering sums up to $1,000,000

What Is Accidental Death Insurance?

Accidental Death Insurance is a specialised insurance policy that offers financial protection in the event of the insured’s death due to an accidental injury. It provides a lump sum payout to the designated beneficiaries or estate of the insured upon their death caused solely by an accident.

Aspect Underwriting offers one of the best online Accidental Death Insurance Policies in Australia. This policy pays a lump sum to your estate or beneficiary if you pass away due to an accidental injury. It is more affordable than life insurance because it solely covers injuries. The sum insured typically ranges from $100,000 to $1,000,000, depending on your circumstances.

You can easily get an accidental death insurance quote online within minutes, making the purchase from anywhere in the world (for Australian citizens). Issued on behalf of underwriters at Lloyd’s, Aspect’s Accidental Death Insurance Cover is a well-researched and managed product accessible to individuals of various occupations. Plan your family’s future with the experts – get a quick customised quote online now.

How Much Does Accidental Death Insurance Cost?

The cost of Aspect UW Accidental Death Insurance Cover depends on your circumstances and the sum you want to insure. Find out how much it would cost you based on your individual circumstances by using our free online Accidental Death Insurance Cover builder in under 10 minutes.

What Are The Benefits of Accidental Death Insurance?

Buy Custom Insurance in Minutes

Upfront Quote and Lump Sum Benefits

Intuitive Cover Builder, Add Other Policies

Up To $1,000,000 Payment on Death

Accidental Death Insurance Eligibility

To be eligible for Accidental Death Insurance, you must be a permanent resident of Australia and aged between 18 and 70 years at the time of purchase. This flexible criteria ensures that a wide range of individuals can access and benefit from this insurance coverage, providing financial security for your loved ones in the event of an accidental death.

Value of Accidental Insurance

Does the payout reduce with age in Accidental Death Insurance?

No, the benefit payable on accidental death insurance typically does not reduce as you age. In fact, you may have the option to increase the benefit amount if eligible. Additionally, payouts often increase annually in line with the Consumer Price Index (CPI). Some policies may offer guaranteed insurability, allowing you to increase the sum insured to accommodate life events such as marriage or having children. This ensures that your coverage remains relevant and adequate throughout different stages of life.

How much Accidental Death Insurance do you need?

To determine the amount of accidental death insurance needed, consider factors like income replacement, outstanding debts, future expenses, and family goals. The recommended coverage for accidental death insurance is generally at least 10 times your annual income. For example, if you earn $50,000 per year, a policy for $500,000 would be suggested. However, the specific amount needed may vary based on individual circumstances and financial needs. Consulting a financial advisor can help tailor the policy to your specific needs and circumstances.

Inclusions and Exclusions

What’s covered?

Accidental Death Insurance typically covers death resulting from accidental injuries, such as car crashes, falls, drowning, and other unforeseen incidents. The policy provides a lump sum payment to your estate or designated beneficiary in the event of such an accidental death. However, it’s essential to review the specific policy terms and conditions to understand the full scope of coverage and any exclusions that may apply.

What’s not covered?

When purchasing an Accidental Death insurance policy, you need to be aware you will only receive the benefits if the insured person passes away from an injury sustained within 12 months from the date of the accident.

Aspect’s Accidental Death Insurance does not provide cover if the death occurs from illness or any expected or predictable events, including but not limited to:

  • Illnesses
  • Suicide or self-inflicted injuries.
  • An accident that is caused by the insured’s deliberate act or intention.
  • Infectious diseases
  • Misuse or abuse of alcohol and/or drugs.
  • Acts of war or terrorism.
  • Professional sports.

Read the complete list of exclusions by downloading the Aspect Accidental Death PDS here.

Combining Add-ons for Personalised Coverage

Aspect’s Accident & Health insurance products offer personalised quotes to suit your specific needs. Utilise our intelligent cover builder to get a quote for an Accidental Death cover. Combine it with other options like Income Protection, Trauma Cover, or Total & Permanent Disablement Cover. Choose the complete package for comprehensive protection, securing your family’s financial future during challenging times. Customise your coverage with Aspect’s versatile insurance options.

Income Protection Insurance

Income protection insurance is a product that replaces your income if you are temporarily unable to work due to illness or injury. Most policies will provide you with a fortnightly or monthly benefit payment of up to 75% (some up to 85%) of the income amount you’ve insured. This can also be customised to include an additional benefits bundle, by paying an additional premium, for benefits such as overseas assistance, child’s trauma and housekeeper benefits.

Trauma Insurance

Trauma insurance provides you with a lump sum payment, payable on diagnosis if you suffer a serious medical condition like a heart attack, stroke or cancer. A trauma benefit is typically used to pay off immediate medical bills, rehab expenses, replace income and assist with your ongoing costs, protecting you against future debts and time away from work. The sum insured could range from $50,000 to $500,000, depending on whether it’s a standalone cover or purchased in conjunction with other products.

Total & Permanent Disability Insurance

Total and Permanent Disability insurance pays you a lump sum amount if you suffer from a severe illness or injury that restricts you from working permanently. Aspect TPD cover is available for a wide range of occupations. Whether you are a white blue-collar worker, we cover the majority of professions. Insure for up to $1,000,000 benefit cover.

Need More Information?

If you are unsure or require more information, please don’t hesitate to
contact us or read our PDS

Our Claim Process

Check your policy & cover before making a claim.

Provide proof of claim.

We communicate to you once claim has been processed.

Provide notice to us as soon as reasonably practicable of any injury or illness.

Submit your claim form and supporting documents.

Get In Touch

Find out more about how Aspect Underwriting can assist you with your client’s Accident & Health policy needs and London market placements. if you have a specific inquiry please use our full contact form here.

    Frequently Asked Questions

    The major difference between an accidental death policy and a life insurance policy is that life insurance will pay out if you pass away from an injury or an illness (also known as 'death by any cause'). Accidental death insurance only pays out if the cause of death is an injury.

    Yes & No. Personal accident insurance is a broader product description that includes accidental death insurance. Personal accidents can cover Income Protection, TPD & Trauma too. However, accidental death insurance provides a benefit to your beneficiaries/estate should you pass away in an injury.

    Accidental Death Insurance provides coverage in the event of accidental death resulting from unforeseen incidents. Some common situations where you can obtain this insurance include:

    • Everyday Activities: Coverage applies to accidents that occur during daily routines, such as driving, walking, or participating in recreational activities.
    • Travel: Accidental Death Insurance covers accidents that may happen during domestic or international travel.
    • Work-related Incidents: These include accidents that occur in the workplace or while travelling for work purposes.
    • Outdoor Activities: Whether you're engaged in sports or outdoor adventures, this insurance can provide financial protection.

    Please note that policy terms and coverage may vary, so it's essential to review the specific policy documents to understand the situations covered by your Accidental Death Insurance.

    You must understand that accidental death insurance may not provide all the cover you need for your circumstances. For example, if you die because of a pre-existing condition or an illness, your estate will not receive a benefit. So, you should always read the product disclosure before you acquire any cover and/or discuss it with an insurance adviser before purchasing.

    Australians aged 18 to 70 can take out Accidental Death Insurance. Please see our Product Disclosure Statement for more detailed eligibility criteria.

    The maximum amount of insurance you can be covered for varies depending on your age and profession. Typically, the sum insured would be in the range of $50,000 to $1,000,000, depending on your circumstances. The Aspect intelligent cover builder will inform you of the amount you can be insured for based on the details you provide. Use this free tool to start building your cover now and access the amount you can insure. Once you enter your details, you will receive a no-obligation accidental death insurance quote in your email and will be provided with the option to discard, edit or purchase it.

    Whilst income protection premiums are tax-deductible, accidental death premiums are not.

    Your primary beneficiary or estate receives the benefit of your accidental death insurance.

    Yes, you have the right to change the beneficiary. To change the beneficiary, you will have to contact us and let us know in writing. Once processed, the name of the new beneficiary will be reflected in your policy documents.

    Your cover begins from the day you purchase the Accidental Death cover.

    Disclosures & Important Notices:

    The advice provided on this website does not take into account any of your personal objectives, your financial situation or your needs. For this reason, before you act on the advice you should consider its appropriateness, taking into account your own objectives, financial situation and needs. Before you make a decision about whether to acquire any Aspect Products, you should obtain and read our Product Disclosure Statement (PDS). This PDS contains terms, conditions, and exclusions about our A&H insurance products. If necessary, please seek advice from a Financial Adviser or a qualified Insurance Professional before deciding on appropriate insurance cover.

    As prescribed by the Australian Government and as required under the Insurance Contracts Act, we advise you go through the Key Facts about your Personal Accident & Illness Policy here.

    We would also like to draw your attention to our Important Information provided here. You must be aware of this information when entering into the initial insurance contract, and when reinstating, or varying that insurance contract.

    Our financial service guide (FSG) contains important information about the services we offer you; how we and our associates are paid; any potential conflicts of interest we may have; and what to do in the event of a complaint. Find Aspect Underwriting FSG here and Aspect Broking FSG here.

    The Trustee for Wallis Family Trust t/as Aspect Broking is a Corporate Authorised Representative (CAR No. 1247437) of McLardy McShane Partners Pty Ltd; AFSL 232987, ABN 14 064 465 309. At McLardy McShane Partners Pty Ltd, we are committed to protecting your privacy in accordance with the Privacy Act 1998 (Cth) and the Australian Privacy Principles. Read the Aspect Broking privacy policy here.