Life insurance means peace of mind

Life insurance cover gives you and your family financial security should you die or become terminally ill.

Compare life insurance companies with ease 

At Find Insurance, we have made it easy for you to compare and acquire life insurance with some of the largest and most established companies in Australia.

In Australia, life insurance comes in the form of term life.  As the name suggests, this type of insurance is offered for a fixed term until the age of 75 with some insurers offering it until age 99.  Insurers usually add policy extensions under life insurance. This includes total/permanent disability and trauma cover.

Premiums are paid annually or monthly depending on the terms chosen by the planholder. If you fail to pay your premiums on time, coverage ceases.

Who needs life insurance?

If you’re the main breadwinner in the family or if you want your family to be financially protected in the event that you pass away, then life insurance is something you need to seriously consider. Not only does it provide a financial cushioning for your family, it also provides your family with peace of mind that their financial obligations; such as mortgage payments and other commitments, will be taken care of in your absence.

The amount of cover required for life insurance depends on a number of factors. You should take into account all debts owing, the age of your children, education costs, and the replacement income your family may require, so as not to disrupt their lifestyle when you’re gone.

How much life insurance coverage do you need?

Financial advisors generally recommend coverage that is equivalent to ten times annual salary plus any debts owing.  However, this is not the general rule but simply a guide. A financial planner can help you determine how much life insurance coverage you need and using our calculator can help you estimate the amount of cover your family might require.

Life insurance is usually the most affordable insurance cover compared to Trauma, TPD and IP, and premiums can be paid for from in or outside of super. The amount you will have to pay for the appropriate cover will depend on your age, gender and smoking status. To get Life insurance, some insurers require medical assessments to be carried out, while others may only require a medial statement to be filled in. Anyone with prior medical issues that are still unresolved may have loadings applied. In other words, you may be required to pay higher premiums because of your existing medical conditions.

If you would like to work out how much Live Insurance cover you might require then click on the 'Calculate Life Insurance' button.  Alternatively, if you would like to request a quote then select the 'Start Here' Button at the top of the page and proceed to 'Request a Quote'.