Unknown to many, life insurance is one of the most effective ways to protect your loved ones and their future.
The truth is, most people, do not have savings big enough for their family to cover the mortgage, childcare costs, or ensure that their children get a good education should the worst happen.
However, a great life policy could easily help cover these stress-inducing worries but many people fear that the costs are high. The good news is that in today’s market, policies are actually very inexpensive when you know where to look. New comparison websites compare up to multiple insurers to offer peace of mind for a competitive price.
Compare Australian brands
NAME |
MAXIMUM COVER |
MAXIMUM ENTRY AGE |
MINIMUM SUM INSURED |
COOLING-OFF (DAYS) |
EXPIRY AGE |
FUNERAL BENEFIT |
TERMINAL ILLNESS BENEFIT |
BONUS |
 |
$1,500,000 |
65 |
$100,000 |
30 |
99 |
$10,000 |
$1,500,000 |
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Apply Online or over the phone
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Straightforward claims process
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$100 Bonus Gift Card
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Enjoy 12 months for the price of 11
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Family Discounts
|
InsuranceLine Life |
 |
$15,000,000 |
69 |
$50,000 |
30 |
99 |
$15,000 |
$3,000,000 |
|
NobleOak Life Insurance |
 |
$1,000,000 |
65 |
$100,000 |
30 |
No expiry age as long as premiums are paid |
$10,000 |
$1,000,000 |
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Apply over the phone
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Choose your own level of cover
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No medicals or blood tests required
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Optional covers for increased protection
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Backed by the third-largest reinsurer in the world
|
Real Family Life Cover |
 |
$1,500,000 |
64 |
$100,000 |
30 |
No expiry age as long as premiums are paid |
$15,000 |
$1,500,000 |
|
Guardian Life Insurance |
 |
$1,500,000 |
69 |
$50,000 |
19 |
99 |
$15,000 |
$1,500,000 |
|
Zurich Ezicover Life Insurance |
 |
$1,500,000 |
65 |
$100,000 |
16 |
No expiry age as long as premiums are paid |
$15,000 |
$1,500,000 |
|
Medibank Life Insurance |