The Life Code

Stronger protections for Australians

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The Life Code helps life insurers provide the protection that suits Australians when they need it most, in an accountable and transparent way.

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The Life Insurance Code of Practice

The Life Code is an initiative from the life insurance industry and establishes enforceable standards that life insurers agree to uphold to guarantee that customers can confidently purchase life insurance, knowing that their insurer will provide assistance when needed.

The Life Code encompasses all aspects of life insurance, including how products are designed, how they are sold, timeframes to communicate decisions with customers, the claims process and how complaints are resolved. 

It includes commitments made by life insurers to consumers, setting higher standards than the law and has important protections for customers who are vulnerable, require financial assistance or who experience a mental health condition.

The current version of the Life Code is effective from 1 March 2025.

Previous versions of the Life Insurance Code of Practice

The current version of the Life Insurance Code of Practice is effective from 1 March 2025.

Life Insurance Code of Practice December 2024

From 12 December 2024 to 28 February 2025

Life Insurance Code of Practice September 2023

From 29 September 2023 to 11 December 2023

Life Insurance Code of Practice version 2.0

From 1 July 2023 to 28 September 2023

Life Insurance Code of Practice version 1.0

From implementation to 30 June 2023

Life Code compliance

The independent Life Code Compliance Committee (Life CCC) closely monitors and reports on the life insurance industry’s compliance with the Life Code and the conduct of individual insurers. Life insurers work collaboratively with the Life CCC to improve standards and promote industry best practice.

The Life CCC has powers to impose sanctions and financial penalties on life insurers. These measures have been developed in consultation with consumer groups to ensure they are appropriately robust. 

Life CCC website

Life CCC Charter

Breaches archive

Determinations archives

Report an issue to the Life CCC

Life Code subscribers

These organisations have committed to meeting the standards set out in the Life Code, helping to improve service for consumers and strengthen trust in Australia’s life insurance industry. The current subscribers list below shows organisations currently bound by the Life Code from 30 June 2017, unless otherwise noted.

Current subscribers

Acenda Group

AIA Australia Ltd

Allianz Australia Life Insurance Ltd

ART Life Insurance Ltd

Clearview Life Assurance Ltd

EML Solutions Pty Ltd

General Reinsurance Life Australia Ltd

Hallmark Life Insurance Company Ltd

Hannover Life Re of Australasia Ltd

HCF Life Insurance Company Pty Ltd

MetLife Insurance Ltd

Munich Reinsurance Company of Australasia Ltd

NobleOak Life Ltd

Pacific Life Re (Australia) Pty Ltd

RGA Reinsurance Company of Australia Ltd

SCOR Global Life Australia Pty Ltd

Swiss Re Life & Health Australia Ltd

TAL Life Ltd

Zurich Australia Ltd

Past subscribers

Asteron Life & Superannuation Limited

30 June 2017 – 30 September 2021

OnePath Life Limited

30 June 2017 – 31 July 2022

St Andrew's Life Insurance Pty Ltd

30 June 2017 - 17 June 2020

St George Life Limited

30 June 2017 - 20 September 2019

TAL Life Insurance Services Limited

formerly Westpac Life Insurance Services Limited

The Colonial Mutual Life Assurance Society Limited

30 June 2017 - 31 March 2021

Integrity Life Australia Limited

1 July 2018 – 16 April 2025

MLC Limited

fully acquired by Acenda Group

Resolution Life Australasia Limited

fully acquired by Acenda Group

QInsure Limited

trading as ART Life Insurance Ltd