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BT Protection Plans

Invest in your own future and security with BT Protection Plans

  • BT Protection Plans offer a comprehensive range of life insurance solutions to protect you from the financial effects of injury, illness, permanent disability and death
  • Flexible choices for a fully tailored insurance solution
  • Provides peace of mind knowing you have plans in place to protect yourself and your loved ones
  • Affordable wide-ranging insurance to suit any lifestyle

Key Features

Flexible solutions

BT Protection Plans provide a comprehensive range of life insurance solutions you can fully tailor to suit your own situation.

Life insurance

Life insurance provides a lump sum payout to your loved ones should the worst happen to you.

Total and Permanent Disablement

Disability insurance provides a lump sum payout if you become permanently disabled or are diagnosed with a terminal illness.

Living insurance

Living insurance helps to pay off your mortgage, medical bills or even finance a holiday if you are diagnosed with a terminal illness.

Income protection insurance

Income protection insurance can protect your income and maintain your family’s lifestyle if you suffer from a serious illness or injury.

Business overheads insurance

Financial protection for you, your family and your business.

Flexible plans

Flexible choice of ownership structures, inside or outside of your superannuation.

Premium options

Choice of “stepped” premiums where your premium increases each year as you get older, or “level” premiums where your premiums stay the same.

Integrated insurance solution

To make your life easier, we offer both on and off platform life insurance options, as well as consolidated DeskTop reporting and an additional premium discount of 10% when a Protection Plans policy is linked to a Wrap/SuperWrap/Panorama account.

Loyalty benefit

We reward your loyalty if you hold your policy with us for over 3 years with an additional 5% on your Death, TPD, Living or Children’s Benefit, and an additional $50,000 Death Benefit on your Income Protection, Income Protection Plus and Business Overhead and policies at no charge.

Multi-policy discount

The more policies you have in BT Protection Plans, the more you’ll save

CPI increase

Keep up with inflation with a CPI increase each year

Premium holiday

If you need to cancel your policy, you can suspend your policy for up to 12 months without needing to re-apply

Worldwide cover

Worldwide cover 24 hours a day regardless of where you are

Guaranteed renewable

Guaranteed renewable cover and guaranteed upgrades

For an additional cost, you also have the option to include:

  • Needlestick Benefit: provides a one-off lump sum payment if you contract HIV, Hepatitis B or C while performing your duties as a medical professional
  • Children's Benefit: provides a one-off lump sum payment if your child suffers from one of a range of specified medical events.

Don’t get caught out saying ‘it won’t happen to me’

Insurance is all about protecting the things and people that matter if you aren’t in a position to do so yourself. It provides real help when you need it, if you get hurt and can’t work, become disabled, or worse, you lose your life. It’s at that life-changing point in time you’ll want the reassurance that you and your family will be looked after.

Unfortunately Australians are chronically under-insured when it comes to our more precious assets of all – ourselves. Consider these facts:

  • 1 in 4 females will get cancer before the age of 751
  • 1 in 3 become disabled for more than 3 months before the age of 65 and have no income2
  • 1 in 13 people claim on a home and contents policy3

An insurance payout can make a huge difference to the immediate wellbeing and future comfort of those you love. In the event of something happening to you, your insurance payouts can be used to:

  • Clear debts
  • Pay for funeral expenses
  • Invest to generate replacement income
  • Cover childcare costs for dependants
  • Pay medical expenses
  • Pay for medical rehabilitation
  • Pay for home medications
  • Make any necessary lifestyle changes.

How BT Protection Plans can work for you

BT Protection Plans provide a comprehensive range of insurance solutions that offer protection for a wide range of situations. You can tailor the policy to your individual needs. This includes deciding who is to own the policy, how to structure the payment options and which premium options you choose.

Protection we provide



Term Life Insurance 

Pays a benefit in the event of death or on diagnosis of a terminal illness.

Living Insurance 

Pays a benefit if the Insured Person suffers from one of a range of specified medical events such as cancer, a heart condition or loss of a limb.

Total and Permanent Disablement (TPD) Insurance 

Pays a benefit if the Insured Person is unlikely to work again, perform household duties again, or suffers a loss of ability due to a permanent disability.

Income Protection and Income Protection Plus

Income Protection and Income Protection Plus replaces up to 80% of the Insured Person’s monthly income if they are unable to work.

Business Overheads

Provides funding for allowable business expenses if you are unable to work in your business because of sickness or injury.

Need more detail?

For more policy details, you can view the BT Protection Plans Disclosure Statement ('PDS').

You can access a copy of the BT Term Life as Superannuation Annual Report and the BT Income Protection as Superannuation Annual Report.

Making an insurance claim can be daunting. That’s why we do everything we can to help you through the process with a Claims team that is here to streamline the process for you.

Call 132 135, 8am-6.30pm, Mon-Fri (Sydney and Melbourne time) to start your claim and we will guide you through every step.

How to apply

Important information

The Insurer of BT Protection Plans is Westpac Life Insurance Services Limited ABN 31 003 149 157, AFSL Number 233728 ('the Insurer').

BT Protection Plans is issued by the Insurer except for Term Life as Superannuation and Income Protection as Superannuation which are issued by Westpac Securities Administration Limited ABN 77 000 049 472, AFSL Number 233731 ('WSAL') as trustee of the Westpac MasterTrust ABN 81 236 903 448. Westpac Life is a subsidiary of Westpac Banking Corporation (Bank). Neither the Bank, nor any member of the Westpac Group (other than the Insurer) guarantees the benefits payable in relation to BT Protection Plans.

This information does not take into account your personal circumstances. Terms and conditions, and limitations and exclusions apply.  Read the BT Protection Plans Disclosure Statement (‘PDS’) to see if this insurance is right for you.

The St.George Privacy Statement is available here.