Life insurance is one of the best ways you can plan for your family’s financial security should you become seriously injured or ill or pass away. However, some Australians are hesitant to purchase this financial safety net. One of the main reasons for this because they don’t want to go for a medical exam.
As a smoker, you will pay more for life insurance than a non-smoker, sometimes as much as double or even triple the premium price. Because you smoke you could develop a critical illness, for example, heart disease, cancer and stroke. These illnesses put you at a higher risk to the insurance company for potentially lodging a claim, thus your premiums will be more expensive to account for this risk.
BT Life Insurance is one of the larger, well-known insurance companies in Australia. They offer a range of flexible products and services, including term life insurance, total and permanent disablement cover, living insurance (trauma cover) and income protection insurance.
If you’re looking for the best way to erase concerns about your family’s financial future, then comparing life insurance policies is a great place to start.
Whether you’re comparing life insurance companies for the first time or you regularly review your policy to ensure the coverage is still appropriate to your lifestyle, we can help you determine which company can be trusted to provide you with value for money.
CommInsure was launched by the Commonwealth Bank Group (CBA) in 2002. They have since become one of the largest life insurers in Australia, providing income protection and life insurance products to over 4 million customers.
Whole Life Insurance is no longer available in Australia. Whole of life insurance was regarded as Australia’s number-one investment choice until 1991, before Superannuation Funds changed the focus from saving for your death (Whole Life) to save for your retirement (Term Life). Term Life replaced this policy type due to all the problems with whole life insurance.
In Australia, funeral insurance, also known as funeral cover, is a type of personal insurance designed to pay a lump sum benefit to your loved ones to cover your final expenses when you pass away.
If you’re over 50, 60, or 70 years old and considering how to pay for your funeral expenses, then it might be worth looking at affordable burial insurance for seniors.
Comparing funeral insurance quotes can help you find cheap burial insurance so that your loved ones can pay for your final expenses. When reviewing Australian funeral insurances quotes from us, you can easily assess premiums and benefits while choosing the cover amount you want. This is generally between $5,000 and $15,000, depending on the insurer.
