Navy health 'Jump Ship' banner.
Navy health 'Jump Ship' banner.

Defence discounts.

92% member satisfaction.*

Not for profit.

Member-owned, not shareholder-owned.

Defence Bank and Navy Health have formed a partnership to assist with your health and banking needs. Both organisations are committed to offering our members greater value and service through the sharing of knowledge.

With over 60 years’ experience of serving the Defence community, Navy Health is a not-for-profit health fund that exists for the benefit of their members, not shareholders.

Learn more.

Are you eligible?

Navy Health provides health cover to the wider Defence community, serving and ex-serving and their families. Quickly find out if you are eligible by answering some simple questions. It takes less than two minutes.

Find out now.

Bank with Defence Bank, benefit with Navy Health.

As a Defence Bank member, you’re eligible for a 5% discount when you join Navy Health with hospital and extras (combined) cover.

If you’re an Active Reservist, a serving ADF family or Veteran Cardholder, you can get 10% off your premiums.^

Get a quote.

Already a Navy Health member?

If you are already a Navy Health member and bank with Defence Bank, and you’re not receiving a 5% discount on your premiums, please call 1300 306 289 and Navy Health will apply the discount for you.

Why choose Navy Health?

  • 92% customer satisfaction.
    Our members come first, demonstrated by our 92% member satisfaction rate.*
  • Defence discounts.
    10% discount on premiums for White or Gold Veteran Cardholders, serving ADF members and ADF Active Reservists (SERCAT 3-5).

    (Active Reservists (SERCAT 3-5) and White or Gold Veteran Cardholders must be covered by the membership for the discount to apply. Only one discount can be applied to a membership.)
  • Not for profit.
    Navy Health is a not-for-profit health insurer and part of the Members Health Fund Alliance, giving you reassurance that Navy Health are here for you, not shareholders.

(2020 Discovery Research Customer Satisfaction Survey.)


Terms and conditions.
Offer is available to Defence Bank customers who take out combined hospital and extras cover. Discount will be applied when joining online or calling 1300 306 289 and using discount code: 5OFFDB. Offer is not transferable or redeemable for cash and may be withdrawn at any time and cannot be used in conjunction with any other offer. The offer only applies if the Defence Bank customer meets the membership eligibility criteria. Serving ADF members, Active Reservists (SERCAT 3-5) and White or Gold Veteran Card holders will receive a 10% discount. Only one discount can be applied to a membership. Veteran White or Gold Cardholders and Active Reservists (SERCAT 3-5) must be covered by the membership for the discount to apply. Serving member discount applies to the spouse/partner or underage dependant of a current full-time serving ADF member. Active Reservists and serving ADF members must pay via direct debit on selected payment frequencies. Proof of eligibility must be provided for discount to apply. Please visit for full terms and conditions.

Next steps...

Use our personal or family budget calculator to see how your premiums fit into your budget.
Any questions? Talk to one of our experienced, helpful staff.
Not a member? Join Defence Bank now.
Start now with our fuss-free, online quote process to get covered in no time.
Not a member? Join Defence Bank now.
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Visit a branch and discuss your finances face-to-face.
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