We’re lucky in Australia – our healthcare system has most accidents covered. But sometimes the costs don’t stop when you leave hospital.
Our Cash Back Cover from our Recover Cover range of recovery and life insurance products gives you cash to help with the costs of recovery you weren’t expecting like taxis to the doctor, extra rehab, hospital parking, babysitters or help if you need time off work.
Cash Back Cover is designed by us. We were voted Australia’s most trusted private health fund by Roy Morgan Net Trust survey 3 years in a row*, so you can count on us to put your needs first.
Who’s eligible for Cash Back Cover?
Permanent Australian residents aged 16–60 with the policy expiring at 65. Protect everyone on your HCF health insurance with the Cash Back Family Cover option.
Stay on top of bills and mortgage repayments if you're unable to work with cover that can help keep you afloat when recovering from illness or an injury. For those aged 18–60.
Get a lump sum if you’re diagnosed with a terminal illness+ or when you pass away, so your family can worry less about money and focus on dealing with their loss. For ages 18–54.
Deal with the unpredictable financial impact of serious illness with a fast cash payment so you can concentrate on your health and recovery instead of bills. For those aged 16–60.
Terms and conditions apply. Please read the Cash Back Cover Product Disclosure Statement, Policy Document and Financial Services Guide available by calling 1800 560 855 or visiting hcf.com.au/lifeinfo, and consider your financial situation, objectives, and needs before deciding on these products as any advice provided does not take these into account. In addition to these documents, you should also read the Target Market Determination (TMD) for the product, which is available at hcf.com.au/lifeinfo. Cash Back Cover 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 ABN 68 000 026 746, AFSL 241 414 (HCF). The premiums for Cash Back Cover are paid to HCF Life. HCF receives commission from HCF Life for their sale of up to 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 may receive an incentive depending on the annual premium of these products which they sell. This will not exceed 15% of the first year’s premium.
*Roy Morgan Net Trust Survey 2018, 2019 and 2020.
^For Cash Back policies issued prior to 15 February 2015 the benefit payable is $2,500.
+Subject to exclusions and limitations - please refer to the PDS and the Policy Document for further information.
#Get your cash payment when your claim is approved.
LIFE INSURANCE CODE OF PRACTICE
HCF Life is a member of the Financial Services Council and we are bound by its Life Insurance Code of Practice which sets out the Australian life insurance industry’s key commitments and obligations to customers. Further information is available at fsc.org.au