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.
Life Insurance
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Income Protection
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TPD Insurance
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Critical Illness
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Needlestick Cover
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Key Person
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Business Succession
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ADAWA Partner
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Life Insurance • Income Protection • TPD Insurance • Critical Illness • Needlestick Cover • Key Person • Business Succession • ADAWA Partner •
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.
Life insurance is defined and regulated under the Life Insurance Act 1995 and the Insurance Contracts Act 1984. Every insurer we work with issues a Product Disclosure Statement (PDS) that sets out the exact terms of the cover and every policy differs slightly, which is exactly why getting the structure right matters.
02How 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.
03How 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.
Nobody buying a home wants to think about what happens if they can't work. But that's exactly why we ask the question for them.
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.
1 in 4
Australian mortgage holders are at risk of mortgage stress. Income shock, not interest rates, is often the trigger.
Source: Roy Morgan, April 2026.
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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TPD Insurance
A lump sum if illness or injury leaves you permanently unable to work.
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Income Protection
Ongoing monthly income if sickness or injury stops you from working.
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Critical Illness
A lump sum on diagnosis of a serious condition like cancer, heart attack or stroke.
Ready when you areProtect the people who depend on you
Speak to our specialists today for a free, no-obligation quote.