Last Updated on 5 July 2017

New Service Launches Allowing Aussies to Compare Income Protection Insurance

New Comparison Site Allows Aussies to Compare Policies from 13 Insurers

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New Comparison Site Allows Aussies to Compare Policies from 13 Insurers

Income protection insurance is one of the easiest ways to protect your family’s financial future, but a surprising number of Australians are overpaying, don’t have an adequate amount of cover, or are simply not aware of the benefits at all.

Many people assume that they will have enough life insurance protection (including income protection insurance) through their superannuation fund but this is rarely the case.

Here’s How You Do It:

Step 1: Select your Life stage 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.

The amount of income protection insurance that will realistically be needed by most families will be far higher than this to enable them to continue to meet everyday living expenses, even if the main earner in the household cannot work due to illness, injury or disability. Without income protection insurance, most families would find it extremely difficult to cope financially and could even spiral into significant debt and homelessness.

Buying the right level of income protection insurance doesn’t have to be anywhere near as expensive as you might think. Consumers can get impressive value for money by shopping around for the best deal. Using free comparison websites such as lifeinsurancecomparison.com.au has helped thousands of Australians to purchase enough income protection insurance for the equivalent of a cup of coffee or two per day.

At lifeinsurancecomparison.com.au, we compare quotes from 13 of Australia’s major underwritten insurers. In just a few quick clicks, consumers can start to assess their income protection insurance options. These policies are up to 30 per cent less expensive than their “as seen on TV” counterparts thanks to the lack of markups, and broader coverage into the bargain.

Thousands of Australian consumers have already made significant savings by using the likes of lifeinsurancecomparison.com.au, to compare income protection insurance policies, and it’s so simple to join them.

This article is opinion only and should not be taken as financial advice. Check with a financial professional before making any decisions.