We know you want to get back on your feet as quickly as you can after an illness or injury.
Bounceback Cover from our Recover Cover range of recovery and life insurance products means if something goes wrong, you’ll have a fast payout* to help you recover – your way. So, if you need an Uber Comfort for your broken leg, special treatments or therapies, or a little extra time off work – we’ve got you covered.
“HCF’s Bounceback Cover was incredibly helpful, it actually saved my life financially for a moment. I hurt my shoulder, a tear, in a volleyball injury. I work for a transport company so couldn’t work with the injury, and I didn’t have income insurance. I’m 25 so hadn’t got that yet and it was really hard to go from a full-time wage to nothing. I’m so glad I had cover as things would have been really tough if I didn’t have it, and I wouldn’t have been able to recover as well. It was super easy to claim on, it was amazing.”
Jarrod, Recover Cover member, Bounceback Cover
Bounceback Cover is designed by HCF as part of our unique range of flexible life insurance options designed to help with the unexpected costs that come with recovery.
Who can apply?
Australian permanent residents aged between 16–30, with cover expiring at 65. What does it pay for?
What makes Bounceback Cover uncommon?
Our Bounceback Cover is:
When does my cover end?
You can keep your Bounceback Cover until you're 65.
Does the premium increase with age?
Yes, premiums are $1 a day for ages 16–34, premiums will then increase every 5 years from age 35.
I have a pre-existing condition. Am I eligible for this cover?
You can take out this cover, but we don't pay benefits for pre-existing conditions.
Have another question? Head over to our Recover Cover FAQs to find answers on topics like eligibility, quotes and waiting periods.
Make the most of a cash payment to help cover costs like parking, taxis to doctors and babysitters when you’re recovering from an illness or injury. For those aged 16–60.
Stay on top of bills and mortgage repayments if you're unable to work with cover that can help keep you afloat when recovering from an illness or injury. For those aged 18–60.
Deal with the unpredictable financial impact of serious illness with a fast cash payment so you can concentrate on your health and recovery instead of bills. For those aged 18–54.
Please read the Bounceback Cover Product Disclosure Statement, Policy Document and Financial Services Guide available by calling 1800 560 855 or visiting hcf.com.au/lifeinfo, and consider your financial situation, objectives, and needs before deciding on these products as any advice provided does not take these into account. In addition to these documents, you should also read the Target Market Determination (TMD) for the product, which is available at hcf.com.au/lifeinfo. Bounceback Cover is issued by our own HCF Life Insurance Company Pty Ltd. ABN 37 001 831 250, AFSL 236 806 (HCF Life). HCF Life is a wholly owned subsidiary of The Hospitals Contribution Fund of Australia Limited ABN 68 000 026 746, AFSL241 414 (HCF). The premiums for Bounceback Cover are paid to HCF Life. HCF receives commission from HCF Life for their sale of up to 40% of the first year's premium plus an additional commission of 80% of HCF Life's underwriting profit each year calculated as premiums less claims and expenses. HCF's staff may receive an incentive depending on the annual premium of these products which they sell. This will not exceed 15% of the first year's premium.
*Get your cash payment when your claim is approved.
+Subject to exclusions and limitations - please refer to the PDS and the Policy Document for further information.
LIFE INSURANCE CODE OF PRACTICE
HCF Life is a member of the Financial Services Council and we are bound by its Life Insurance Code of Practice which sets out the Australian life insurance industry’s key commitments and obligations to customers. Further information is available at fsc.org.au