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General Insurance Savings

Insurance plays an increasing role in our lives, which is why Defence Bank has come up with the General Insurance Savings option.

General Insurance Savings acts as a separate ‘holding’ account for insurance funds with monthly or annual insurance premium deductions.

In order to qualify, you must hold insurance policies with the companies Defence Bank acts as agent. Once established, you’ll find it’s easy to stay fully covered with debits for insurance premiums deducted automatically.

Find out more about the insurance we offer

Features of General Insurance Savings include:
  • the ability to be renamed to reflect its purpose
  • funds accessibility via Defence Bank branch, Defence Bank App, Mobile Banking, Online Banking, Telephone Banking, BPAY, auto transfer, direct credit/debit and payroll split.
Call 1800 033 139