As life changes, so can your insurance needs. If less cover is what you need, CoverManager makes reducing your level of insurance easy.


How to reduce your cover


Step 1 - Access CoverManager through the portal 

Log in to the portal with your Customer Number and and scroll down to click the 'CoverManager' button in the What you're currently covered for section of your dashboard.

If this is your first time logging into the portal, you can set up your account following this guide.

Step 2 - Explore options to reduce your level of cover

CoverManager will guide you through the details of your existing cover. It’ll show you how adjusting your policy can lower your level of protection and how much you could pay for less insurance.

Step 3 - Contact us, and we'll adjust your policy

Once you're happy with the cover and premium, download a quote and request a call with one of our Insurance Coaches.

Our Insurance Coaches can confirm the details in your quote and provide general information about how the changes you selected will affect your cover. While they can't provide tailored advice like a financial adviser can, they can help you understand the risks or consequences of reducing insurance. If you'd like to proceed with your quote, they can also arrange the adjustments to your policy.

We understand everyone's circumstances are different, so if you need tailored personal advice, please contact a financial adviser.

Are you facing financial hardship?

If finances are a problem, Insurance Coaches can discuss options to keep you protected as you get back on your feet financially.

Interested in increasing your cover?

CoverManager helps you reduce your level of cover. This tool is just one of the ways we're helping you protect your future.

If you want to increase your cover, please call our Insurance Coaches on 1300 450 316, 8.30am to 6pm (AEST/AEDT), Monday to Friday.


I think it's really important that someone does talk to you. I'd like an Insurance Coach to go through the quote before making any changes because there could be something I might've missed. 
Juanita, MLC Life Insurance customer


More information and support


Review your cover today

Access CoverManager through the portal

Log in to get started