Investment Growth Bond

For the period to 31 March 2021, CommInsure is offering a special rebate on initial investment amounts of $100,000 and over into new Investment Growth Bonds.

What's an investment bond?


Also known as an insurance bond, it combines many of the features of a managed fund and a life insurance policy, with the added benefit of the investment bond provider paying 30% tax on any earnings in the bond, rather than an individual paying tax on earnings at their marginal tax rate.

Tax-effective investing

They’re easy to establish and if the client has satisfied the 125% rule (where each year’s contributions do not exceed 125% of the previous year’s contributions) and held the investment for 10 years, any withdrawals made will not attract personal income tax.

In addition, there are no capital gains tax implications if clients switch between investments or transfer ownership of the bond.

The CommInsure difference

Safety and security are important considerations for many people, especially when the market is volatile. Which is why the CommInsure Investment Growth Bond offers two key features that help protect capital from market risk.

Death Benefit Guarantee

Provides certainty as to the minimum amount that will be paid on the death of the last life insured, subject to certain requirements.

Investment option guarantees

Offered on four of our nine investment options. It’s designed to provide certainty as to the minimum value of your holdings in that investment option.

Our investment advantage

Learn more about the CommInsure investment approach and the strategies we use to reduce risk and increase risk-adjusted returns.

An award winning product

CommInsure’s Investment Growth Bond has won the Plan For Life/AFA Investment Bond of the Year award 12 years running from 2008 through to 20191.


Investment Growth Bond strategy papers

CommInsure has produced a range of Strategy Papers that illustrate how investment bonds can form part of a number of strategies for a clients’ portfolio.

These strategies range from ways to increase wealth in a tax effective manner, to estate planning tools to giving children a financial start in life.

Investment option performance

Independent Research house Lonsec, have rated all nine of our investment options with a 'Recommended' rating2.

Past performance information is for illustrative purposes only and is not indicative of future performance.


Investment returns

Returns will vary depending on a number of factors, including the investment options in which your client invests and the length of the time they're invested in the Bond.

How to invest

To apply for an Investment Growth Bond, your clients will need to:

Contact a dedicated Retirement BDM


Simon Felice

0416 037 066


Vijay Mathew

0475 955 323

1 Plan For Life/AFA Investment Bond of the Year Award winner from 2008 through to 2019. Benchmarked on scores for financial, market and product strength factors.

2 The rating issued for (assigned as follows: NC-Cash Fund — June 2020, NC-Global Fixed Interest Fund — June 2020, NC-Australian Share Fund — June 2020, NC-International Share Fund — June 2020, NC-Property Fund — June 2020, NC-Conservative Fund — June 2020, NC-Managed Fund — June 2020, NC-Diversified Fund — June 2020, NC-Growth Fund — June 2020) are published by Lonsec Research Pty Ltd ABN 11 151 658 561 AFSL 421 445 (Lonsec). Ratings are general advice only, and have been prepared without taking account of your objectives, financial situation or needs. Consider your personal circumstances, read the product disclosure statement and seek independent financial advice before investing. The rating is not a recommendation to purchase, sell or hold any product. Past performance information is not indicative of future performance. Ratings are subject to change without notice and Lonsec assumes no obligation to update. Lonsec uses objective criteria and receives a fee from the Fund Manager. Visit for ratings information and to access the full report. © 2020 Lonsec. All rights reserved. 

Things you should know:

CommInsure Investment Growth Bond is issued by The Colonial Mutual Life Assurance Society Limited (CMLA), ABN 12 004 021 809, AFSL 235035. ‘CommInsure’ is used under licence by CMLA. Please view our Financial Services Guide and the CommInsure Investment Growth Bond PDS is available by clicking here.

CMLA has entered into a Joint Cooperation Agreement with AIA Australia Limited (AIA) and Commonwealth Bank of Australia (CBA) for the joint operation of the CMLA and AIA businesses. AIA is part of the AIA Group, the largest publicly listed life insurance group in the Asia Pacific region with a presence in 18 markets. Whilst CBA will remain the ultimate shareholder of CMLA, under the terms of the Joint Cooperation Agreement AIA will have an appropriate level of direct management and oversight of the CMLA business.

CMLA’s Privacy Policy

As part of operationalising the Joint Cooperation Agreement, CMLA has adopted the AIA Australia Group Privacy Policy

Neither the AIA Group nor the Commonwealth Bank of Australia Group (excluding CMLA) nor their subsidiaries, guarantee the performance of the Investment Growth Bond or the repayment of capital or interest by CMLA. Investments in the Investment Growth Bond are not deposits or other liabilities of the AIA Group nor the Commonwealth Bank of Australia Group (excluding CMLA) nor their subsidiaries. Investment products are subject to investment risk including loss of income and principal invested as described in the PDS. CMLA as product issuer does not guarantee the performance of the Investment Growth Bond except as expressly stated in the PDS.

This is general information only and does not take into account your individual objectives, financial situation or needs. You should assess whether the information is appropriate for you and consider talking to a financial adviser before making any investment decision.  To apply for a CommInsure Investment Growth Bond you need to complete the application process described in the PDS. The offer made in the PDS is only available to persons receiving the PDS within Australia. Applications from outside Australia will not be accepted.

Taxation considerations are general and based on present taxation laws and may be subject to change. CMLA is not a registered tax (financial) adviser under the Tax Agent Services Act 2009 and you should seek tax advice from a registered tax agent or a registered tax (financial) adviser if you intend to rely on information in the case study to satisfy the liabilities or obligations or claim entitlements that arise, or could arise, under a taxation law.