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Life Insurance Articles

Common Mistakes to Avoid When Comparing Life Insurance Policies
Common Mistakes to Avoid When Comparing Life Insurance Policies
Choosing the right life insurance policy is one of the most important decisions for Australians, especially for those who are middle-aged or older. Life insurance provides financial security for your loved ones in the event of your passing, ensuring that they are not burdened with financial hardships. - read more
Maximize Your Safety Net: Top Tips for Optimizing Income Protection Benefits
Maximize Your Safety Net: Top Tips for Optimizing Income Protection Benefits
Welcome to a pivotal guide dedicated to empowering you with the essentials of income protection insurance in Australia. As we navigate through times of uncertainty, safeguarding your financial wellbeing becomes not just a priority, but a necessity. Income protection insurance stands as one of the key pillars of financial security, ensuring a steady flow of income during periods when you're unable to work due to illness or injury. - read more
Understanding the Role of Life Insurance in Financial Security
Understanding the Role of Life Insurance in Financial Security
Life insurance can seem complex at first, but understanding the basics can help demystify this important financial product. At its core, life insurance is a contract between you and an insurer, where the insurer promises to pay a designated beneficiary a sum of money upon your passing, in exchange for premium payments. - read more
Life Events That Should Trigger a Life Insurance Review for Aussie Families
Life Events That Should Trigger a Life Insurance Review for Aussie Families
Life insurance is a cornerstone of financial planning for Aussie families, offering protection and peace of mind. But what happens when the bustling flow of life brings changes? This is where a life insurance review comes into play. A life insurance review is a thorough analysis of your existing policy to ensure it aligns with your current life circumstances and financial goals. - read more
The Digital Age of Insurance: Keeping Costs Down with Online Quotes
The Digital Age of Insurance: Keeping Costs Down with Online Quotes
The horizon of the insurance industry has undergone a transformative shift with the advent of digital technology. With a few clicks, consumers can navigate the once-complex world of insurance policies from the comfort of their home. The digital landscape for insurance services offers unprecedented access to information, comparisons, and instant communication, fostering a more empowered insurance client. - read more

Insurance News

Rising Mental Health Claims Impact Australia's Income Protection Insurance
Rising Mental Health Claims Impact Australia's Income Protection Insurance
19 Feb 2026: Paige Estritori
Recent data from the Council of Australian Life Insurers (CALI) reveals a significant increase in mental health-related claims within Australia's income protection insurance sector. In 2024, mental health conditions accounted for 20% of income protection claims, resulting in payouts totaling $887 million. This marks a substantial rise compared to previous years, indicating a growing trend that insurers and policyholders must address. - read more
Australian Super Under Fire for Prolonged Insurance Claim Delays
Australian Super Under Fire for Prolonged Insurance Claim Delays
19 Feb 2026: Paige Estritori
Australian Super, the nation's largest superannuation fund, is facing criticism over significant delays in processing insurance claims. Reports indicate that some members have experienced prolonged waiting periods, with delays extending up to four years in certain cases. These delays have raised concerns about the efficiency and fairness of the fund's claims handling processes. - read more
Australia's Income Protection Insurance Sales Experience Notable Decline
Australia's Income Protection Insurance Sales Experience Notable Decline
19 Feb 2026: Paige Estritori
Recent data from Plan For Life indicates an 8.3% decline in new income protection insurance sales in Australia for the year ending September 2024. This downturn contrasts with previous periods of growth, where sales had increased by nearly 7% in the year ending December 2023 and 6.5% in the year to March 2024. The shift suggests changing consumer behavior and market dynamics within the insurance sector. - read more
IAG Highlights Climate Change's Impact on Home Insurance Costs
IAG Highlights Climate Change's Impact on Home Insurance Costs
19 Feb 2026: Paige Estritori
Insurance Australia Group (IAG), a leading insurer in Australia, has recently raised concerns about the escalating costs of home insurance premiums, attributing this trend to the increasing frequency and severity of climate-related weather events. The company emphasizes that without immediate and concerted efforts to address climate change, homeowners should anticipate continued rises in insurance costs. - read more
Insurance News to Host Third Annual Conference in Sydney
Insurance News to Host Third Annual Conference in Sydney
19 Feb 2026: Paige Estritori
Insurance News has announced its third annual conference, scheduled to take place in Sydney on March 19, 2026. This full-day event aims to provide attendees with comprehensive insights into current market trends, industry pressures, and emerging opportunities within the insurance sector. - read more

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Professional indemnity:
An insurance that provides cover for liability incurred in the course of exercising a profession.