Looking to buy life insurance? Congratulations! You’re one step ahead of most Australians, 95% of whom are underinsured.
Here are some important things to keep in mind when researching life insurance policies.
1. Now is the easiest time to buy life insurance
The longer you wait to make your decision, the longer your financial security is at risk. You’ll never be younger and are unlikely to ever be healthier than you are today, and life insurance premiums will never be cheaper than they are today.
2. Life Insurance Quotes can change when you apply
Obtaining instant life insurance quotes has nevery been easier. There are a plethora of websites who allow you to compare life insurance companies and find cheap life insurance quotes online. But it’s important to realise that most of these quotes are only estimates and that the price can change substantially when the life insurance company reviews your application.
We are different
We’ve revolutionised the way online life insurance quotes are generated. By asking you just a few more questions, we’re able to generate a quote that is guaranteed to be the price you’ll pay. If there’s any doubt, one of our life insurance specialists will contact you to make sure we have all the information we need to generate an accurate quote.
3. Remember Goldilocks. Get the life insurance benefit just right.
No one likes spending their hard earned money on something they don’t really need or may never use. Choosing too much life insurance is akin to wasting money.
Likewise, choosing too little life insurance leaves you financially exposed.
If you’d like help, our life insurance calculator can help you determine how much life insurance you need.
4. What are you protecting against?
While life insurance is a well known concept, many people are not aware that there are other types of personal protection that protect against accident and illness which, depending upon your situation, may be arguably more important that life insurance.
Before you finalise your life insurance decisions, you should also consider:
- Income Protection
- Trauma Insurance
- TPD Insurance
More information about these types of insurance can be found in our Life Insurance FAQ
How we can help
We’ve seen first hand the difference life insurance makes to our clients’ lives. We’ve also had to help clients correct mistakes they’ve made with their life insurance. If you’d like help making sure you get a life insurance solution that meets your unique needs contact us today.