Why are some life insurance quotes cheaper & others more expensive?

February 8, 2011

Life insurance quotes vary between each insurer and you may ask the question why. One of the main reasons behind the differences is because each insurer will assess the risk of offering you cover differently. Life insurance calculations When calculating rates, a life insurance company will typically look at your age, gender, and smoking status [...]

More common mistakes with life insurance policies

February 8, 2011

Following on from our previous post, here are some more common mistakes with life insurance policies. Life insurance mistake 1 – Allowing ‘sticker shock’ to stop you getting life insurance Yes, life cover is a significant bill each year; you can’t quite cover it by giving up one weekly cup of coffee. However, life cover [...]

Life Insurance Policies

There are many Australian life insurance policies you can review online. You can choose to compare life insurance policies yourself, or speak to a financial adviser.

Common mistakes with life insurance policies

February 8, 2011

Arranging life insurance is a little more involved than arranging car insurance – however, it is a single-time activity that can have a lot of impact on your family’s future health and happiness. There are a few simple steps to getting your life cover right – calculate your benefit amount, get quotes, look at the [...]

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How to cancel your life insurance policy

February 8, 2011

You shouldn’t need to cancel your life insurance policy, you took it out for a reason, didn’t you? And it’s true that generally speaking life insurance premiums increase as you age, so if you purchased your life insurance policy a long time ago it may be prudent to hold onto it! However there are some [...]

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Life insurance policies & cooling off periods

February 8, 2011

Did you know there is a cooling off period for life insurance policies? Most people are aware that you have a cooling-off period when buying a house … some are also aware that if you buy a car from a dealer, you also get a cooling off period. However, most people aren’t aware that life [...]

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Are your life insurance quotes high?

February 7, 2011

If you believe your life insurance premiums are higher than the average person, some reasons may be poor health or hazardous occupations and past-times. High life insurance quotes Another reason why your lif einsurance premiums could be higher than average, may be due to the company you bought the policy from. Ask yourself if your [...]

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Read the life insurance product disclosure statement!

February 6, 2011

As with many financial products, it is vital that you read and understand the product disclosure statement (PDS) of your life insurance policy. If you and a spouse have a life insurance policy, you can read the PDS together and ensure that you both understand the terms outlined in your life insurance policy. If there [...]

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