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Invest in your own future and security with BT Protection Plans

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
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.
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
Guaranteed renewable Guaranteed renewable cover and guaranteed upgrades
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.

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 conditions.

Important information

BT Protection Plans Product Disclosure Statement (PDS) (PDF 959KB)


The Insurer and Issuer is Westpac Life Insurance Services Limited ABN 31 003 149 157 AFSL 233728, except for Term Life as Superannuation, Income Protection as Superannuation and Income Protection Assured as Superannuation, issued by BT Funds Management Limited ABN 63 002 916 458 AFSL 233724 as Trustee of Retirement Wrap ABN 39 827 542 991. They are subsidiaries of Westpac Banking Corporation ABN 33 007 457 141 AFSL 233714, who does not guarantee the insurance. This information does not take into account your personal circumstances. Please read the PDS to see if this insurance is right for you. 

A target market determination has been made for Protection Plans products. Please visit for any of our target market determinations.