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    Life Insurance Articles

    Understanding Life Insurance: How to Determine Coverage Amounts
    Understanding Life Insurance: How to Determine Coverage Amounts
    Life insurance is a cornerstone of financial planning, offering peace of mind to you and security for your loved ones. It's a contract between you and an insurance company: in exchange for regular premiums, the insurer agrees to pay a sum of money to designated beneficiaries upon your passing. This vital tool ensures that your family's financial needs can be met during an incredibly difficult time. - read more
    Top 5 Reasons to Consider Life Insurance While You're Young
    Top 5 Reasons to Consider Life Insurance While You're Young
    When you’re young, life is all about new experiences and making plans for a promising future. While factors like travel, career, and relationships often take centre stage, one aspect often overlooked is life insurance. It might seem like something to consider later in life, but starting a policy while you're young can be a savvy financial move. - read more
    The Savvy Consumer’s Guide to Purchasing Life Insurance in Australia
    The Savvy Consumer’s Guide to Purchasing Life Insurance in Australia
    As the landscape of finance and personal security evolves in Australia, the importance of being insured has never been more prominent. In a world of changing family dynamics, economic pressures, and higher living costs, life insurance stands as a bastion of support ensuring the well-being of loved ones in the event of unforeseen circumstances. - 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

    Australian Insurers Advocate for Stronger Consumer Protection Laws
    Australian Insurers Advocate for Stronger Consumer Protection Laws
    02 Apr 2026: Paige Estritori
    The Insurance Council of Australia (ICA) has expressed strong support for the proposed Competition and Consumer Amendment (Unfair Trading Practices) Bill 2026. This legislation seeks to introduce a general prohibition on unfair trading practices within Australian Consumer Law, thereby enhancing regulatory powers to address predatory operators in the insurance industry. - read more
    APRA Takes Action Against Unjustified Commercial Auto Insurance Premium Increases
    APRA Takes Action Against Unjustified Commercial Auto Insurance Premium Increases
    02 Apr 2026: Paige Estritori
    The Australian Prudential Regulation Authority (APRA) has implemented emergency measures to address significant concerns within the commercial auto insurance sector. In response to widespread industry protests over substantial premium increases, APRA has introduced regulations aimed at safeguarding transport operators from financial hardship. - read more
    Significant Decline in Australian Commercial Insurance Rates Observed
    Significant Decline in Australian Commercial Insurance Rates Observed
    02 Apr 2026: Paige Estritori
    Recent data from Marsh Risk's Global Insurance Market Index indicates a substantial decline in Australian commercial insurance rates. In the fourth quarter of 2025, rates fell by 12%, representing the most significant drop among the eight regions monitored by the index. This trend continues the downward trajectory observed since early 2024. - read more
    Regulatory Review of Life Insurance Premium Practices in Australia
    Regulatory Review of Life Insurance Premium Practices in Australia
    01 Apr 2026: Paige Estritori
    In June 2025, the Australian Securities and Investments Commission (ASIC) and the Australian Prudential Regulation Authority (APRA) provided an update on their joint review of life insurance premium practices. This initiative was prompted by concerns over frequent and substantial premium increases that may not align with policy terms or policyholder expectations. - read more
    Ongoing Deficiencies in Direct Life Insurance Sales Practices Identified by ASIC
    Ongoing Deficiencies in Direct Life Insurance Sales Practices Identified by ASIC
    01 Apr 2026: Paige Estritori
    In August 2025, the Australian Securities and Investments Commission (ASIC) released findings from a review of direct life insurance sales practices, uncovering persistent deficiencies despite previous regulatory interventions. - read more

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    Underwriting:
    The process by which an insurer determines the risk of insuring a client and decides the terms of coverage.