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New Comparison Service Allows Older Australians to Save Big on Their Life Insurance

Monday, September 25, 2017 Last Updated on 25 September 2017

For many older Australians, life insurance is an increasingly burdensome expense, but, with new policies hitting the market, most don’t realise that they are paying more than they need to be. Thanks to a new comparison service there might still be one area where you can save your pennies, and it’s easier than you think.

New comparison service LifeInsuranceComparison.com.au is shaking up the life insurance industry by offering consumers the power to compare big brand life insurance policies side by side, saving them time and money as they make informed choices about their coverage.

The service comes as many mature Australians are feeling increasingly stung by the perpetually rising cost of living in Australia. A 2016 study from Deutsche bank (in its fifth annual Mapping the World’s Prices report) found that Australia was the second most expensive country to live in, after having been the first for four years running.

“Life Insurance can be an overwhelming and expensive endeavour, and for many Aussies, they are paying exorbitantly high premiums considering current policies on the market. Especially for many older people who haven’t shopped around on their life insurance for years,” says Founder Jonathan Leane. “We’ve designed LifeInsuranceComparison.com.au to simplify the comparison process and save our customers money.”

“New site allows Aussies to compare policies from multiple life insurers, saving them time and money.

Here’s how you do it:

Step 1: Click on your current age below..
Step 2: Once you select your preferred coverage options, you will have the opportunity to compare quotes from multiple health funds.

Using the service, Australians can compare multiple providers, features, and premiums all in the one place. The service saves time, but the biggest benefit for most are the dollar savings.

It’s all personalised too. When you first arrive at LifeInsuranceComparison.com.au you’ll be asked for some basic details like your occupation and age. The system then searches its extensive database of policies to find you products targeted to your needs, side by side so you can make an informed choice.

Since launching, thousands of Australians have already jumped on board. Over 20,000 Australians used LifeInsuranceComparison.com.au to compare life insurance this year, citing saving money as their number one reason for using the site.

LifeInsuranceComparison.com.au is a trusted online service that makes comparison shopping for life insurance easy. With the click of a button, they can help you find an affordable rate by stripping away the features you don’t use, while saving you money on what matters to you.

Too many Aussies keep putting off comparing their life insurance – don’t let this be you. Get a comparison today and start enjoying the savings.


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The information contained on this webpage is of general advice only and has been prepared without taking into consideration your objectives, needs and financial situation. As such, it is important that you consider the appropriateness of this advice before proceeding. Any opinions expressed within an article are those of the author and do not specifically reflect the views of Advizer Pty Ltd.

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These logos represent some of the brands that we compare, we do not compare all products in the market and that we are not recommending any of the brands displayed: you will need to talk to a financial advisor to identify the best product that suits your needs.