Survivor's income cover.

Survivor's income cover.

This insurance gives your loved ones a regular income.

What is Survivor's income cover?

If you die, the chances are your loved ones will need help and protection from financial strain. This insurance helps them manage ongoing expenses and is a powerful way to show you care.

boy and girl playing in the garden


  • Entry age is from age 16 to 75, and there is no expiry age.
  • Your insurance will cover you for life, if you keep paying your premium.
  • You can pay fortnightly, monthly, quarterly, half-yearly or yearly.
  • You can choose to help protect your cover against inflation by having the amount you’re insured for increase each year.
  • You can choose a set benefit amount for a minimum period of time. The payouts can go from $500 a month to $50,000 depending on what you choose.
  • There are two types of payments; age-rated payments fixed for one year at a time, and normally increase in line with age, OR level term payments which are fixed for the life of the policy.
  • We always recommend chatting with an adviser about the right insurance for you. 
Read our Survivor's income cover customer brochure.

More about Survivor's income cover.

  • What is it?
  • Why should you get it?
  • What’s the deal?
  • Anything else?

What is it?

Survivor’s income cover can be taken out by itself or combined with other insurance like Life cover. If taken together, they give a powerful combination of a lump-sum cash payment and ongoing income.

Why should you get it?

Every family has plans – and your family can keep going with these plans if they have support for things like the mortgage, debts and expenses. It’s flexible too. If you get married or have a baby for example, you could increase the value of your cover any time before the age of 55 without needing to give us medical evidence. (check out the Survivors income info sheet for details as there are a few conditions).

Alternatively, you can increase your cover at any time up to age 75, but we may need to do health and financial checks.)

What’s the deal?

You pay an amount of money (called a ‘premium’) for a policy. The policy is a contract so you know exactly what we’ll pay out for. As long as you keep paying for your insurance with us, and the policy terms and conditions have been met, we’ll pay out for everything we agreed.

Anything else?

You can apply to have the insurance paid out early if you’re diagnosed with a terminal illness (generally meaning you would have less than 12 months left to live).

Life insurance 101 guide.

Visit our easy-to-read and plain-English life insurance 101 guide, to help you learn about what protection you might need.

Discover more.

Questions? Start here.

We’ve compiled a list of the most commonly asked questions about this cover.
For a good overview of the ins and outs, it’s worth reading the info sheet.

young girl holding a bundle of tree branches

Get in touch.

It’s easy! Drop us a line and an adviser will get hold of you for a no-obligation chat.

Get started.

Why choose Fidelity Life.

why choose fidelity life reasons 6 badges

* Fidelity Life has an A- (Excellent) financial strength rating from A.M. Best. The rating scale that this rating forms part of is available for inspection at our offices. For more information please visit Fidelity Life's financial strength page.

Disclaimer – the information contained in this webpage is a summary of the key points of this insurance policy and is general in nature. It is not, and is not intended to be, a policy document.

Details of definitions, benefits, standard exclusions/limitations, terms and conditions are contained in the full policy documentation which is available from your financial adviser. Please refer to current policy documents for specific details. This webpage does not provide a personalised financial advice service.