Russell Cain

Russell is the founder and CEO of Life Insurance Direct and has been quoted in The Sydney Morning Herald, The Age, Independent Financial Adviser, Risk Adviser, Adviservoice, and Insurancenews. Russell has over 15 years’ experience in the Australian life insurance & financial services sector and is instrumental in driving the latest innovations in our insuretech platform.
Trauma Insurance

What is Trauma Insurance? Trauma insurance, otherwise known as critical illness cover, protects you if you are diagnosed with a medical condition that will have a significant impact on your life, such as cancer, coronary artery bypass surgery or stroke. Your insurer will typically pay a lump sum benefit which can be used to pay medical…

Life Insurance

Financial struggles shouldn’t have to be one of your loved one’s concerns as they try to cope with the emotional burden of losing you. Life insurance ensures that they’re financially covered to deal with it all while also being able to pay for your mortgage, children’s future education costs, or anything else important and necessary throughout their adolescent life.

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Understanding Children’s Life Insurance in Australia

Child life insurance policies typically offer a lump sum payout if your child passes away or experiences a critical illness, as specified in your insurer’s Product Disclosure Statement (PDS). With child cover, you can ensure that your children are financially protected during difficult times, allowing you to either care for them at home or access the best available medical treatments. Certain insurers in Australia even provide premium-free child cover.

Term Life Insurance and How To Make It Work For You

Term Life Insurance is the most affordable way Australians can make sure their dependents are financially supported in the event of your death. Life insurance pays out a lump sum benefit to your nominated beneficiaries, which they can use to pay for your funeral and on-going living expenses, like mortgage payments, car insurances, and groceries.