Young Adults

Low cost cover for young adults

Cover from
7.00 *

*Based on single cover for 16 to 30 year old (Bounceback Cover)

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Apply online and get one month free**

**The free month applies to all HCF Life products purchased online and comes into effect at the start of the insurance period.

As a young adult you are building for the future. Working hard today to enjoy the fruits of your labour later on but that doesn’t mean you don’t want to live for today and enjoy your youth.

Unfortunately things go wrong in life, and these can impact on both your present and future lifestyle.


HCF Cash Assist has a range of products designed for young people like you, who want to protect themselves and their lifestyle.


Whether you are injured playing sport, or are diagnosed with a serious illness HCF Cash Assist will be there to help you.


With cover starting from only $2 per week, now is the time to protect your future. Click here to view the PDS & FSG

Recommended covers for young adults

Cover from
7.00 per Week *

*Based on single cover for 16 to 30 year old

Bounceback Cover

Designed for under 30’s, pays up to $100,000 for accidents or illness.

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Cash Back Cover

Pays $5,000 for accidents requiring surgery, or for a number of serious illnesses.

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Cover from
2.00 per Week *

*Based on single cover

Cover from
1.65 per Week *

*Per person based on 18-29 year-old male accountant, non-smoker with normal BMI and $1,500 per month cover

Income Assist Insurance

Pays up to 75% of your income for up to 12 months if you are unable to work due to illness or injury for 30 days or more.

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Protect your lifestyle

How would you care for yourself and your family if you had an accident or became ill? HCF Life Insurance ensures you will have money to help pay bills and support your loved ones if something prevents you from earning an income.

Need to cover more than one person? If you have an HCF Family Health policy, you can take advantage of our family cover options, which protect all eligible family members for one low price.


Covers the expenses health insurance doesn’t

Health insurance covers hospital treatments, but not many of the other costs of getting sick or injured. HCF’s Life Insurance products can help pay for expenses not usually covered by health insurance, such as gap payments, time off work, scans and tests, and travel for medical purposes.


Efficient claim processing

HCF Life stands by you when you need help. We paid more than 4,900 claims over the last 3 years* and received a consistently high satisfaction rating from our members.


We understand that making claims can be difficult when you’re under stress. That’s why we make the process as simple as possible. Our experienced claims team will guide you through every step to ensure your claim is paid quickly and efficiently.

*Based on HCF Life claims from 1 January 2012 to 31 December 2014.


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 www.fsc.org.au.


Claims paid

We understand that claim time can be stressful for our members, that's why our promise
to you is to handle your claim sensitively yet efficiently.

HCF is committed to paying claims to our members quickly and that is why we have over 4,900 satisfied claimants in the last 3 years*.

*Based on HCF Life claims from 1 January 2012 to 31 December 2014.

  • Claim stories

    Huan

    "Huan has an active lifestyle, participating in weekend basketball competitions with his mates"...

    Huan has an active lifestyle, participating in weekend basketball competitions with his mates.

    While warming up for one of the biggest games of the year, Huan felt a strange sensation in his calf. Later, as he landed after shooting a three-point basket he felt his Achilles tendon tear, leaving him lying down on the court in agony.

    A scan showed Huan required surgery on his damaged Achilles tendon. Luckily, he had HCF Life Cash Back Cover, which provided him with cash to pay for expenses not covered by his health insurance, as well as contribute to his ongoing physiotherapy.

    These stories reflect real-life situations and HCF Life claims. The names and some details have been changed to ensure anonymity.
  • Claim stories

    Bill

    "Bill is a young and active self-employed electrician"...

    Bill is a young and active self-employed electrician. As a self employed person, Bill didn't have the luxury of sick pay. One day, while riding his pushbike, he fell and dislocated his shoulder.

    The fall was quite nasty and Bill ended up needing a full shoulder reconstruction, which required four months off work. This left Bill in a difficult position since he was unable to work and had loans and other expenses to pay.

    This would have been a very stressful time had he not been covered by his Income Assist insurance policy. The policy covered 75 per cent of his income, which helped him pay for everyday expenses while he recovered.

    These stories reflect real-life situations and HCF Life claims. The names and some details have been changed to ensure anonymity.
  • Claim stories

    Ron

    "Ron was a proud father of three children under six, the youngest of whom was three months old"...

    Ron was a proud father of three children under six, the youngest of whom was three months old.

    After enjoying a family holiday in Western Australia, Ron was driving the long journey home when the family car was hit by another car. Ron was killed instantly in the collision.

    Ron liked to think ahead and had purchased an HCF Life Smart Term Insurance policy to provide for his wife and kids in case anything happened to him. Ron was insured for $300,000, but as his death was the result of an accident, the benefit was doubled and the family received $600,000.

    Ron's legacy to his family meant they were free to pay off their mortgage and any other outstanding debts, and help secure their financial future.

    These stories reflect real-life situations and HCF Life claims. The names and some details have been changed to ensure anonymity.

Cover for every stage of life

As your life changes, so do your needs and lifestyle. You start working, take up new hobbies and maybe even start a family. The kind of protection you need will change as you get older and your financial responsibilities change.


We have life insurance products to cover everyone from young singles to families and retirees. To find the best covers for your lifestyle, simply select your life stage below.

HCF Life Insurance products are issued by HCF Life Insurance Company Pty Limited (ABN 37 001 831 250, AFSL 236 806). Before you apply, you should read the relevant Product Disclosure Statement and Financial Services Guide, available by clicking the link on each product above, and consider if the relevant cover is appropriate for your objectives, financial situation or needs, as the information we have provided does not take these into account.