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

New Comparison Site Allows Aussies to Compare Policies from 12 Insurers

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New Comparison Service Helps Aussies Save Big on Life Insurance

Life insurance is one of the best ways to safeguard your family’s financial future but many Australians don’t have anywhere near enough cover to protect themselves, and some don’t have any at all. If you’re one of them, now is the time to change that.

Financial experts from LifeInsuranceComparison.com.au state that an effective life insurance policy is invaluable for enabling your family to meet everyday living expenses such as paying the mortgage or rent, tackling debt, paying the bills and education costs. For most families, these type of expenses would be difficult or impossible to keep up with if the main earner in the household were to die or not be able to work due to illness or an accident. As a worst case scenario, it could lead to debt or even homelessness.

Rice Warner’s latest report on underinsurance in Australia estimated that the average middle-income family in Australia with two children should have at least $680,000 of life insurance to fully protect themselves. In reality, the actual insured amount is less than half of this, meaning that most families are woefully underinsured – often thanks to relying predominantly or solely on life insurance attached to their superannuation fund.

Consumers often think that buying an adequate amount of life insurance will be mega expensive but this is definitely not the case. The cost of life insurance has reduced significantly in recent years, especially if you shop around to get the best value for money. Using a free comparison service such as LifeInsuranceComparison.com.au means that you can secure over $500,000 worth of cover for the price of a few cups of coffee per week. Even if you’re on a relatively tight budget, you can’t afford not to take the plunge.

Life Insurance Comparison does the hard work for you by comparing quotes from 12 of Australia’s major underwritten life insurers. In just a few minutes, you can start seeing your options. These policies typically have more comprehensive coverage than you could find elsewhere, and are up to 30 per cent cheaper than “as seen on TV” insurance companies.

Using the Life Insurance Comparison service is therefore much more cost effective than going directly through the insurers themselves, largely because there are no markups on the policies. You won’t be locked into a contract, and all policies have a 30 day “cooling off” period in case you change your mind in this timeframe.

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 12 Australia's biggest life insurers

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20 people people just compared Life Insurance quotes in the last 30mins I want to compare too!