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Do you have kids under 16? Here’s what you need to know about life insurance

Many people don’t have enough insurance to offer critical financial support to their families after the loss of a parent.

A new survey from consumer advocates Choice has found that 60% of Aussies don’t have enough life cover to maintain their family’s standard of living*. This cover should provide consistency for your children and partner, but it turns out some parents aren’t actually getting value from their costly premiums.

LifeInsuranceComparison.com.au is helping Australian parents make the move to cheaper cover. You can quickly compare underwritten policies from 10 major insurers – that’s more than the big comparison sites you see advertised on TV. Our experienced advisers can talk you through this extensive range of options so you know exactly what you’re paying for.

Here’s How You Do It:

Step 1: Select your current age below.
Step 2: Once you answer a few questions, you will have the opportunity to compare quotes from 10 of Australia’s largest insurers. You may also be entitled to a free consultation.

Many of our clients are unaware that life cover can offer cover for their family the goes beyond death cover. For example, some insurers on our panel offer inclusive policies that include Funeral or Accident cover.

LifeInsuranceComparison.com.au helps Aussies realise that life cover doesn’t have to be expensive.

Thousands of Australians have used this online service since it launched to find a low price on life cover. You can find policies that offer the cover you want, and explore different options for structuring your premiums such as paying for your premiums from the balance of your superannuation.

This cover can help you prepare for sudden tragedies that leave behind a financial gap in the family. Medical, school and household fees can hit twice as hard when there’s only one income to pay the bills. Sadly, studies have found that nearly half of families who lost a parent reported that their partner or parent’s death was completely unexpected**.

Whether you are earning an income or you’re a stay-at-home parent, your contribution is important to the family and deserves to be secured. Life cover can be useful for reducing the financial strain that can result from a sudden or unexpected death. One of the most commons uses is to help pay for mortgage debt or funeral expenses.

To find a life insurance policy for your family, visit LifeInsuranceComparison.com.au or contact an in-house life insurance specialist today. Compare policies today that can protect your family tomorrow.

*Choice.com.au
**Research conducted by Ipsos for ANZ Wealth

Get Started Now:

Step 1: Select your state below.
Step 2: After answering a few questions, you will have the opportunity to compare quotes in your area and could be eligible for significant savings.

LifeInsuranceComparison.com.au's online quote comparison tool makes it easy to get quotes from 10 Australia's biggest life insurers