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 rates considering current market conditions. For example, many older people 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 make sure our customers only pay for loan features they need.”
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 up to 13 of Australia’s largest insurers. You may also be entitled to a free consultation.
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.
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.