Call 1300 709 560

Mon to Fri 8.00am–8.00pm AEST

or let us call you Call me now

Children’s Insurance Option

This option is only available with Life Insurance. You only have this cover if we accepted your application and it is shown in your Policy Schedule.

1. What is Children’s Insurance?

Children’s Insurance provides a Benefit Amount in the event the Child Insured suffers a death by any cause, is diagnosed with a Terminal Illness or suffers a defined serious injury or illness; namely:

  • Bacterial Meningitis (and/or invasive meningococcal disease); or
  • Cancer (Children’s Insurance Option as defined in the PDS); or
  • Encephalitis – with permanent neurological impairment; or
  • End Stage Chronic Kidney Failure – requiring regular renal dialysis; or
  • Hearing Loss (permanent and disabling, after best treatment); or
  • Major Brain Injury – requiring admission of more than 4 consecutive days in an Intensive Care Unit (ICU); or
  • Major Burns to the Skin – of specified severity and requiring specific treatment; or
  • Major Organ Transplant – specified organs or being on a transplant waiting list; or
  • Non-cancerous tumour of the Brain or Spinal Cord – with permanent neurological impairment, or requiring surgical removal of the tumour or radiotherapy; or
  • Paralysis (total and permanent) – specified; or
  • Total and Permanent Loss of Use of One Specified Limb; or
  • Vision Loss (permanent and disabling, after best treatment)

at least three months after the day cover starts, while covered under the Policy. These medical conditions are defined in the Glossary of the PDS.

2. Who can take out Children’s Insurance?

If you (and/or Partner Life Insured) are a parent or legal guardian of a child, you can apply for this Insurance cover for the child, if the child is aged between 2 and 17 years of age, and the child is an Australian Resident. If you have Children’s Insurance, each Child Insured is shown in the Policy Schedule.

3. Children's Insurance Benefit Amount

You can apply for an Insurance Benefit Amount from $20,000 up to a maximum of $50,000 for each Child Insured under the Policy (in increments of $10,000).

4. When we will pay the Children’s Insurance benefit?

We will pay the Benefit Amount explained below if the Child Insured of a Life Insured suffers a death by any cause, is diagnosed with a Terminal Illness or suffers a defined serious injury or illness while covered under the Policy except in the circumstances explained in "What is not covered under your Children’s Insurance?”

Only one Benefit Amount is payable per Child Insured. Once a Benefit Amount has been paid for a Child Insured, the Children's Insurance will cease and no further claims can be made.

Death from any cause

We will pay the Children's Insurance Benefit Amount as a lump sum in the case the Child Insured dies from any cause, or is diagnosed with a Terminal Illness, at least three months after the day cover starts, providing we have paid no Children's Insurance Benefit Amount in relation to a serious injury or illness for that Child Insured.

Accidental Death

We will pay the Children's Insurance Benefit Amount as a lump sum in the case of Accidental Death of the Child Insured providing we have paid no Children's Insurance Benefit Amount in relation to a serious injury or illness for that Child Insured.

Serious injury or illness

We will pay the Children’s Insurance Benefit Amount as a lump sum in the event the Child Insured suffers:

  • Bacterial Meningitis (and/or invasive meningococcal disease); or
  • Cancer (Children’s Insurance Option); or
  • Encephalitis – with permanent neurological impairment; or
  • End Stage Chronic Kidney Failure – requiring regular renal dialysis; or
  • Hearing Loss (permanent and disabling, after best treatment); or
  • Major Brain Injury – requiring admission of more than 4 consecutive days in an Intensive Care Unit (ICU); or
  • Major Burns to the Skin – of specified severity and requiring specific treatment; or
  • Major Organ Transplant – specified organs or being on a transplant waiting list; or
  • Non-cancerous tumour of the Brain or Spinal Cord – with permanent neurological impairment, or requiring surgical removal of the tumour or radiotherapy; or
  • Paralysis (total and permanent) – specified; or
  • Total and Permanent Loss of Use of One Specified Limb; or
  • Vision Loss (permanent and disabling, after best treatment)

while covered under the Policy, except in the circumstances explained in “What is not covered under your Children’s Insurance?” in the PDS.

Where we have paid a Children’s Insurance Benefit Amount in relation to serious injury or illness or Terminal Illness, there are no further benefits payable under this Children’s Insurance option for that Child Insured.

The serious injury or illness condition must be diagnosed by a Medical Practitioner or a Specialist Medical Practitioner (as indicated in the Glossary of the PDS), the diagnosis may require confirmation by our medical advisers. If confirmation is required, our medical advisers will review the medical evidence submitted in support of your claim, nothing will be required from you for this review to occur.

Limit on benefits

Only one Benefit Amount is payable per Child Insured. The total benefit payable cannot exceed $50,000 for each Child Insured, plus any automatic sum insured increases.

If the Child Insured is covered for Children's Insurance under more than one Guardian Life Insurance Policy, we will apply this limit to the total of the Children's Insurance Benefit Amounts payable for the Child Insured under all Guardian Life Insurance policies. Any reduction in the Children's Insurance Benefit Amount will be applied to the Children's Insurance most recently commenced and we will refund the premiums paid referable to the amount by which the Children's Insurance Benefit Amount is reduced.

5. The cost of your Children’s Insurance

The premium you are required to pay for this option when the Policy starts is shown in your Policy Schedule. The Children’s Insurance premium is a stepped premium, which means that it will increase each year as the Child Insured ages. The premium is calculated at each Policy Anniversary and is based on the Benefit Amount provided for each Child Insured.

For a premium quote, or to understand more about the cost of your Insurance, you should contact a Guardian Insurance Consultant on 1300 709 560 (Monday to Friday between 8am and 8pm AEST).

6. What is not covered under your Children’s Insurance?

We will not pay a Benefit Amount if the Child Insured suffers a defined serious injury or illness as a result of:

  • a Congenital Condition; or
  • the intentional act of the Policyowner or person who will otherwise be entitled to all or part of the Benefit Amount; or
  • an injury which occurs or an illness which becomes apparent, before the Children’s Insurance for the Child Insured starts, or during the first three months after the date that the Children’s Insurance starts or, if reinstated, the reinstatement date. We will pay for any new and unrelated occurrence of:
    • Bacterial Meningitis (and/or invasive meningococcal disease); or
    • Cancer (Children’s Insurance Option); or
    • Encephalitis – with permanent neurological impairment; or
    • End Stage Chronic Kidney Failure – requiring regular renal dialysis; or
    • Hearing Loss (permanent and disabling, after best treatment); or
    • Major Brain Injury – requiring admission of more than 4 consecutive days in an Intensive Care Unit (ICU); or
    • Major Burns to the Skin – of specified severity and requiring specific treatment; or
    • Major Organ Transplant – specified organs or being on a transplant waiting list; or
    • Non-cancerous tumour of the Brain or Spinal Cord – with permanent neurological impairment, or requiring surgical removal of the tumour or radiotherapy; or
    • Paralysis (total and permanent) – specified; or
    • Total and Permanent Loss of Use of One Specified Limb; or
    • Vision Loss (permanent and disabling, after best treatment)

suffered by a Child Insured after this three month period, while covered under the Policy.

We will not pay a Children’s Insurance Benefit Amount in respect of a Child Insured if the Child Insured dies or is diagnosed with a Terminal Illness which becomes apparent before or during the first three months after the Children’s Insurance starts or, if reinstated, the first three months after the Children’s Insurance for the Child Insured is reinstated, the reinstatement date.

7. Children's Insurance start and end

If your application for Children's Insurance is accepted by us, then Children's Insurance starts on the Acceptance Date. If we agree to add Children's Insurance to your Policy after the Acceptance Date, we will advise you of the date the Children's Insurance starts.

The Children's Insurance ends for the Child Insured when the first of the following occurs:

  • the date of death of the Child Insured; or
  • the date of death of the Key Life Insured; or
  • the date of payment of a Children’s Insurance Benefit Amount for the Child Insured; or
  • the date you cancel the Policy; or
  • the date we cancel the Policy; or
  • the date you cancel this cover; or
  • the Policy Anniversary following the Child Insured’s 21st birthday.

Where the Policy ends solely as a result of the Key Life Insured’s cover ending, if there is a Partner Life Insured who wishes to retain cover, the Benefit Amount for the Partner Life Insured, and any Child Insured under this Policy, can continue under a new policy. We will issue a new Policy to the surviving Partner Life Insured in his or her name as the Policyowner. The new Policy will be issued on the same terms as this Policy and takes effect subject to payment of the first premium.

options
  • No medical or blood test
  • Convenient payment options
  • 30 day money back guarantee

  • 30-day money
    back guarantee
  • No medical exam
    No blood test to apply
  • Worldwide cover 24/7

Request a FREE information pack

Mandatory field

By requesting an info pack, you agree to the following terms and conditions.

You acknowledge the PDS is available here for your review. You consent to receiving a telephone call from us regarding insurance. Your information may also be used to provide you with offers to our other products, but you can opt out of this when we contact you or by calling us on 1300 709 560. We are unlikely to disclose this information to any person outside Australia. You can obtain a copy of our Privacy Policy, which includes details of how you can access and correct your information and complain about breaches of privacy law, on this website or by requesting a copy.