Personal InsuranceLife Insurance
Life is full of the unexpected. Life cover exists to make sure the people who depend on you are never left financially exposed because of it.
01Why life insurance matters
Life insurance sometimes called death cover or term life insurance pays a lump sum to the people who rely on you if you pass away, or in most policies, if you're diagnosed with a terminal illness. It's one of the simplest, most direct ways to make sure your family isn't left to sell the house, change schools or take on debt at the worst possible time.
No two families are the same, so no two life insurance policies should be either. We start by getting to know you: who depends on you, what you're paying off and what you want your family's life to look like if you're not there. Then we find cover that fits because when it matters most, you want to know your loved ones are looked after exactly the way you intended.
03How it works
Your policy pays the sum insured as a lump sum to your estate, your policy owner, or a nominated beneficiary. Many policies also include a terminal illness benefit at no extra cost, paying out early if you're diagnosed with a life limiting illness we only arrange cover that includes this as standard.
04How much cover is enough?
What would it cost to clear your mortgage and other debts?
Would there be enough for funeral costs and other immediate expenses?
What future costs should be planned for school fees, university, retirement savings for a surviving partner?
How much capital would your family need to maintain their lifestyle, and for how long?
There's no single right answer it depends on your debts, your dependants and your goals. That's exactly what we help you work through.
"Life insurance is one of the most underinsured products in Australia, yet it's arguably the most important, it's what stands between a family's financial stability and financial crisis when the unexpected happens. Closing that gap starts with making life cover simple to understand, efficient to arrange, and genuinely competitive on price."
Natasha Carlson, Managing Director, Covered Life
Natasha Carlson, Managing Director, Covered LifeWhy Covered LifeAdvice that actually fits your life
From first home buyers to practice owners, cover is built around the work you do and the people who depend on you.
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Expertise you can trust
One point of contact to guide you through your options, with access to Australia's leading insurers.
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Claims support
If you ever need to claim, we help lodge it and act as your advocate to get it paid efficiently.
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Personalised policies
Cover tailored to your circumstances, checked in on regularly as your life changes.
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A wide range of products
From TPD to income protection, we help you build a complete personal insurance plan.
50%
Nearly half of Australian women hold no life insurance, and millions remain underinsured for income protection.
Source: Naomi Holmes, Her Money Matters.
Why it mattersCover pays out, and pays out often
Life insurance in Australia is closely regulated and the claims genuinely get paid. These are the most recent admitted claim rates published by APRA and ASIC.
are admitted and paid
are admitted and paid
and paid
Also worth consideringCover that works alongside this
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01
TPD Insurance
A lump sum if illness or injury leaves you permanently unable to work.
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02
Income Protection
Ongoing monthly income if sickness or injury stops you from working.
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03
Critical Illness
A lump sum on diagnosis of a serious condition like cancer, heart attack or stroke.
Common questionsAnswers, without the confusion
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Life insurance pays a lump sum to your loved ones if you pass away or are diagnosed with a terminal illness, helping them maintain financial stability.
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It depends on your debts, income replacement needs, children's education costs, and lifestyle expenses.
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Yes — it gives peace of mind knowing your family is financially protected if the unexpected happens.
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Yes, many policies allow increases or decreases based on life changes such as marriage, children or a new mortgage.
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Yes — the younger and healthier you are, the cheaper your premium, locking in savings for the future.
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Not always. Many policies use online health questionnaires; some may require a medical exam depending on your circumstances.
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Yes, many Australians hold life insurance through their superannuation fund, though a stand-alone policy often offers more flexibility.
Still not sure? A short phone call usually clears it up faster than reading another page.
Ready when you areProtect the people who depend on you
Speak to our specialists today for a free, no-obligation quote.