Bounceback Cover

PROTECTION FOR YOUNG ADULTS FROM ACCIDENT AND ILLNESS

Bounceback Cover is specifically designed for 16-30 year olds, and is only $1 per day^. It includes accident and illness cover designed for young adults, such as:

  • Cover for specific illnesses requiring surgery, including common ones such as hernia, gallstones and cases of tonsillitis and appendicitis*
  • Benefits starting from $1,000 for accidental injuries covered under the policy
  • A number of claims can be made up to a maximum of $100,000
  • Cash is paid directly to you to be spent however you choose
  • Easy to apply - no medical questionnaires or examinations

 

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Frequently asked questions

Who is eligible to apply for this policy?

Bounceback Cover is available to Australian Permanent Residents aged 16-30.

What age does my policy cease?

You can keep your Bounceback Cover up until the age of 65.

I have a pre-existing illness, can I have this cover?

You can take out a Bounceback Cover policy if you have a pre-existing illness, however we do not pay benefits for pre-existing injuries or illnesses for the life of the policy.

View the PDS & FSG

Disclaimer:

^ Premium will be $1 per day until your child reaches the age of 35, after which premiums will increase based on their age.

+ Waiting periods may apply for major illnesses

Please consider the combined Product Disclosure Statement (PDS) and Financial Services Guide (FSG) available by calling 13 13 34 or visiting hcf.com.au/life-insurance.  You should consider your financial situation, objectives, and needs before deciding on Bounceback Cover as any advice provided does not take these into account.

Bounceback Cover are issued by our own HCF Life Insurance Company Pty Ltd. ABN 37 001 831 250, AFSL 236 806 (HCF Life). HCF Life is a wholly owned subsidiary of The Hospitals Contribution Fund of Australia Limited, ABN 68 000 026 746, AFSL 241 414 (HCF). The premiums for the life insurance products are paid to HCF Life. HCF distributes Bounceback Cover and receives commission from HCF Life for their sale of 40% of the first year’s premium plus an additional commission of 80% of HCF Life’s underwriting profit each year calculated as premiums less claims and expenses. HCF’s staff receive an incentive depending on the annual premium of these products which they sell. This will not exceed 20% of the first year’s premium.

Please consider the Product Disclosure Statement and your financial situation, objectives, and needs before deciding on these products as any advice provided does not take these into account.

Income Assist is issued by our own HCF Life Insurance Company Pty Ltd. ABN 37 001 831 250, AFSL 236 806 (HCF Life).

HCF Life is a wholly owned subsidiary of The Hospitals Contribution Fund of Australia Limited, AFSL 241 414 (HCF). The premiums for the life insurance products are paid to HCF Life. HCF receives commission from HCF Life for their sale of 40% of the first year’s premium plus an additional commission of 80% of HCF Life’s underwriting profit each year calculated as premiums less claims and expenses. HCF’s staff receive an incentive depending on the annual premium of these products which they sell. This will not exceed 20% of the first year’s premium.