TAL Health Sense

TAL has launched Health Sense which provides an incentive for people who are healthy to sign up for insurance through TAL by applying a discount on cover for those with a body mass index (BMI) of between 19 and 28. The discount can be up to 15% of insurance premiums, depending how many policies you take out. Insurance companies are seeing the value of attracting and maintaining healthier lives on their books.  TAL are following AIA’s lead when they introduced a similar program known as AIA Vitality into the market in 2014.

The TAL Health Sense program provides and initial discount of 7.5% which applies for a single life or life and TPD policy. If you add additional cover after that (e.g. trauma cover or Income Protection) then the discounts increase to a maximum of 15%. It’s important to note that some minimum cover amounts are required to attract the discount through TAL’s health sense program ($100,000 or greater for lump sum and a monthly income protection benefit of at least $2000).

To give you an idea on where you sit in the BMI range, you can use any online BMI calculator to see if you qualify for the TAL Health Sense program.

The good news is that for new policies these TAL HealthSense discounts are automatically applied for those within the acceptable BMI range.  If you are an existing TAL customer, and your BMI is in the healthy range, then you may be eligible for a discount as well, however, the discount is not applied automatically. Depending how long it has been since you took out your policy you may have to run through a medical questionnaire. 

If you would like to talk to a Spotter Life adviser about the Health Sense option put your details in the form on this page and mention the Health Sense offer when you speak to one of our advisers. 

Life Insurance

Spotter Life has uncovered Life Insurance Policies from far and wide for you to choose from. Discover the options available…

Save up to 30%

based on a typical insurance policy

Receive 20% up to $500 cash back

On the commission based on your first year’s premium

Free Quotes with No Obligation

Get a market comparison from insurance companies on our panel with no obligation to buy

No Forms to Fill in

All it takes is a simple phone call

No medicals

In most cases there are no medical forms to complete

Spotter Life is waiting to find quotes for you

Loading...

Please check you phone for an SMS with the validation code

Sorry, this code is not valid
Phone number is valid

Important Information

Not all providers in the market are included in our comparisons. Also note, any information or advice given on our website is general. It hasn’t taken into account your objectives, financial situation or needs.

  • Extent of comparisons
  • Disclaimer
  • How we get paid
  • Privacy policy
  • Download FSG

Extent of comparisons

Not all providers of insurance on the market are included in our comparisons. The amount of any savings will depend on your circumstances.

Our Panel

AIA Encompass Integrity MetLife MLC NEOS OnePath TAL Zurich

Disclaimer

Any information or advice contained on this website is general in nature and has been prepared without taking into account your objectives, financial situation or needs. Before acting on any information or advice on this website, you should consider the appropriateness of it (and any relevant product) having regard to your circumstances and, if a current offer document is available, read the offer document before acquiring products named on this website. We recommend that you obtain financial, legal and taxation advice before making any financial investment decision.

Not all providers of insurance on the market are included in our comparisons. The amount of any savings will depend on your circumstances.The products compared on this website do not necessarily compare all features that may be relevant to you. Comparisons are made on the basis of price only and different products may have different features and different levels of coverage.

Spotter Life and its advisers operate as authorised representatives of Crown Wealth Group Pty Ltd ABN 22 603 037 510 Australian Financial Services Licensee 494274. Spotter Life and its advisers are authorised to advise and deal in superannuation and life insurance products only. .

How we get paid

We (including your adviser) may be remunerated in the following various ways for the financial services provided to you.

Commission

We will receive commission on any life insurance products your adviser arranges for you. This commission is built in to the cost of the insurance. The rate of commission varies between the different product providers but can be up to 140% of the initial premium and up to 40% of renewal premiums. Based on the 140% and 40% we would receive up to $1,400 upfront commission on an annual premium of $1,000 and up to $400 of each renewal premium.

Performance Bonuses

Sometimes product providers will pay us bonuses based on the business placed with that insurer. The criteria for such bonuses are typically the volume of business placed and the level of retention of that business over time.

In the event that we receive a performance bonus it will be shared with your adviser. From that part of the bonus generated as a result of business written by your adviser, the adviser may receive up to 100% of that bonus (37.5% if you have been referred by an affiliate, with the affiliate receiving 12.5%).

Alternative Benefits

We maintain an Alternative Benefits Register which contains information about any alternative forms of payment or benefits that may be received. Please let your adviser know if you have questions about or want to inspect this register. We may receive sponsorships from product providers which contributes to the professional development of our Authorised Representatives.