Here's what you get:

  • A simple life insurance solution that can help remove some of the financial stress during a difficult time
  • Cover up to:
    • $1 million from ages 18-44
    • $750,000 from ages 45-54
    • $500,000 from ages 55-64
  • Cover continues up to 75 years of age

Ready to roll?

To take out NAB Essential Life, you need to:

A snapshot of this policy

  • Terminal illness or death with a lump sum payment of up to $1 million, depending on your age
  • If you die (and we have not already paid you the benefit for Terminal Illness) you will receive an advance payment to your estate of $10,000 to cover things like funeral expenses

This snapshot is a guide only. Make sure you read the NAB Essentials Product Disclosure Statement (PDF, 478KB) for details of exclusions, limitations, eligibility, fees and charges and how benefits are calculated and paid. Please also read the NAB Financial Services Guide before you apply for this product.

NAB essential life

Access to Best Doctors

Best Doctors connects you with a network of over 50,000 leading medical specialists from around the world. It offers a second opinion when you need it most, helping you get the right diagnosis and treatment plan.

Straightforward and simple

Apply quickly and easily online or over the phone. You will be asked a few questions about your health but no medical examination is required.

Protection 24/7

Worldwide protection at all times.

Here's how it works

  • Step 1 Get a quote online now - or call 1300 133 252
  • Step 2 Buy online - it's easy and secure
  • Step 3 Claiming is easy - call 1300 411 535

How to make a claim

Call MLC Life Insurance Claims on 1300 411 535

It’s easy to make a claim – call, fill out the form and submit your claim. After your claim’s assessed, you’ll be advised of the outcome as soon as possible.

Frequently asked questions

How can I get more information?

Call 1300 133 252, 8am - 7pm Mon-Fri (AEST/AEDT)

How do I apply?

Apply online now, or call 1300 133 252

How much does it cost?

Your premium is calculated based on a variety of factors including age, gender, smoking status, and the amount of insurance you choose.

What are the payment options?

You can pay monthly or fortnightly by credit card or direct debit

What happens after I apply?

Once your application has been approved, you’ll receive a welcome pack with everything you need to know about your policy. This includes a policy schedule and a policy document. Remember to read your policy and keep this handy in case you need to make a claim.

How much cover do I need?

You should consider whether you already have these benefits under another insurance policy. A consultation with a financial planner is a good way to ensure that you have the cover you need.

How do I change my level of cover?

To change your cover, simply call 1300 411 535 between 8am - 7pm, Mon-Fri (AEST/AEDT)

I'm having trouble with my premium payment. What do I do?

If you're experiencing trouble with your premium payments - for example, if you’ve missed one - please call us on 1300 411 535 between 8am - 7pm, Mon-Fri (AEST/AEDT) and we'll work something out.

Who do I contact if I have a complaint?

We're always trying to improve our customers' experience, but we know things don't always go the way they should. Here you can find information about how you can raise an issue with us, how it will be resolved and what to do if you're still not satisfied.

Important Information

  • MLC Limited (MLCL) ABN 90 000 000 402, AFSL 230694 is the insurer and issuer of this insurance which has been branded and distributed by National Australia Bank Limited ABN 12 004 044 937 AFSL and Australian Credit Licence 230686 (NAB).
  • This insurance is not a deposit with, a liability of, or guaranteed by NAB. MLC Limited uses the MLC brand under licence. MLC Limited is part of the Nippon Life Insurance Group and not a part of the NAB Group of Companies. MLC Limited may pay benefits to NAB and its related bodies corporate for the distribution of this product.
  • Any financial advice is general only and has not been prepared having regard to your personal circumstances. You should consider your personal circumstances before acting on any advice. You should consider the NAB Essentials Product Disclosure Statement (PDF, 478KB) or call 1300 133 252 before deciding whether to acquire or continue to hold the product. If you’d like more comprehensive and individually tailored insurance, speak to a NAB Financial Planner on 1300 558 863.
  • Your access to the Best Doctors service is arranged by MLC Limited. For terms and conditions that apply to the service go to
  • Please note that if you click 'Get a quote', you’ll be re-directed from NAB's website to a NAB-branded website operated and controlled by Aegon Insights Australia Pty Ltd ("Aegon") who has been authorised by MLCL to arrange life insurance contracts and deal with claims on MLCL’s behalf. By clicking ‘Get a quote’ you acknowledge that NAB does not accept responsibility for the operation of the Aegon website. View Aegon Financial Services Guide (PDF, 51KB).
  • Aegon will collect your information as agent for MLCL. You will be asked for information such as your address, date of birth, and a limited number of lifestyle and health questions. The MLCL privacy policy, is available at, and sets out how MLCL collect, use and manage your information. Aegon have an agreement with MLCL under which Aegon agree to strictly adhere to MLCL’s privacy and security standards.

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