Mortgage & debts
A lump sum may help repay a mortgage, personal loans and other debts.
LIFE INSURANCE
Protect the people who matter most.
Life insurance can provide a lump sum to help protect your family financially if you die or are diagnosed with a terminal illness.
We compare options from 11 leading insurers and help you understand the cover, cost and policy features available to you.
Protect your family
Help provide financial security if you are no longer there.
Manage major debts
Cover may help repay a mortgage and other financial commitments.
Maintain your family's lifestyle
Help provide for everyday expenses and future plans.
HOW IT WORKS
What is life insurance?
Life insurance generally pays a lump sum if the insured person dies or is diagnosed with a terminal illness, subject to the terms and conditions of the policy.
That payment can help the people you leave behind manage major financial commitments and maintain greater financial stability at a difficult time.
WHAT IT CAN HELP WITH
A financial safety net for your family.
Family living costs
Help your family manage everyday expenses after the loss of your income.
Children's future
Cover can help provide for education and other future family expenses.
Ongoing financial security
Provide additional financial flexibility for the people who depend on you.
DID YOU KNOW?
The life insurance you already have may not be enough for your needs.
Many Australians have some life insurance through superannuation, but default cover isn't necessarily designed around your mortgage, family expenses, income or future commitments.
Estimate your cover needs with the MoneySmart Life Insurance Calculator →WHY PREMIER WEALTH PROTECTION?
More than simply finding a policy.
The way you arrange life insurance can make a difference to the support you receive before, during and after your policy is put in place.
Advice, not just a quote
Buying directly from an insurer can be straightforward, but you may be responsible for deciding the level and structure of cover yourself. We help you understand your options before you make a decision.
Compare more than price
The cheapest premium isn't always the most appropriate policy. We compare options from 11 leading insurers and consider the cover, features, terms and cost available to you.
Human support through underwriting
Insurance applications can involve medical, occupation and financial information. We help guide you through the process and communicate with insurers along the way.
We stay with you after the policy starts
Your needs can change over time. We remain available for policy reviews, updates and support if a claim ever needs to be made.
Different ways to arrange life insurance
DIRECT
Buying from an insurer
You choose and apply for a policy directly with the provider.
COMPARISON
Comparing products
Useful for seeing different premiums and products, although the service and level of advice provided can vary.
PWPG
Advice + comparison + ongoing support
We help you understand your needs, compare available options and remain available after your cover is in place.
THE PROCESS
Getting covered doesn't need to be complicated.
1
Tell us about your needs
We learn about your circumstances, priorities and existing cover.
2
Compare your options
We research suitable options from the insurers available to us.
3
Apply with support
We guide you through the application and underwriting process.
4
Ongoing support
We remain available for future reviews, changes and claims support.
LIFE INSURANCE FAQS
Common questions about life insurance.
How much life insurance cover do I need?
The amount of cover you may need depends on factors such as your mortgage and other debts, household expenses, income, dependants and future financial commitments. We can help you work through these factors and compare available options.
What does life insurance usually cover?
Life insurance generally pays a lump sum if the insured person dies or is diagnosed with a terminal illness, subject to the policy terms, definitions and exclusions.
Can life insurance be held through superannuation?
Life insurance can often be held through superannuation. The appropriate ownership and funding structure will depend on your circumstances and the policy available to you.
What affects the cost of life insurance?
Premiums can be influenced by factors including age, health, occupation, smoking status, lifestyle, the amount of cover and the insurer's underwriting assessment.
Can I change my life insurance later?
In many cases, yes. Your insurance needs may change as your mortgage, family, income and other circumstances change. Regular reviews can help determine whether your existing cover remains appropriate.
What happens if my family needs to make a claim?
If a claim is required, we can help explain the process, assist with the information required and communicate with the insurer throughout the claim.
READY TO GET STARTED?
Protect what matters most.
Request a quote and we'll help you compare life insurance options from leading Australian insurers.