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Life Insurance Advice

  • Mortgages
  • Budgeting
  • Investment
  • Life Insurance
  • Superannuation
  • Retirement Planning
LIFE INSURANCE

Life Insurance provides the peace of mind that if something happens to you, your family will be looked after financially. It is not something most people like to think about but is crucial to have in place.

Life insurance can help answer three very important questions in your life:

1. What would be the financial impact on my family if I passed away?
2. What would be the financial impact on my family if I was sick and couldn't work?
3. What would be the financial impact on my family if I was sick and incurred significant medical costs over and above those covered by health insurance?

There are 4 major types of life insurance

1. Life Cover - pays lump sum upon your death
2. Total Permanent Disability (TPD) - pays a lump sum if you are permanently disabled and unable to work again
3. Critical illness - pays a lump sum if you are diagnosed with a serious medical condition. Medical conditions are pre-determined by the policy and include certain cancers, heart attacks.
4. Income protection - pays a monthly benefit if you are unable to work due to illness or injury.

Finding the best life insurance policy for you and your family is no easy task - if you want to get life insurance (outside of super) you have traditionally had two options - buy direct from insurer (i.e online) or go through a financial adviser. Plenty is like going through a financial adviser with a few key differences - below we breakdown these differences:

Online/Direct
Financial Advisers
Plenty
Tailored Recommendations
Online / Direct
Financial Advisers
Plenty
Research Done For You
Online / Direct
Financial Advisers
Plenty
Cheapest Option (Outside Super)
Online / Direct
Financial Advisers
Plenty
Buy Online or Over the Phone
Online / Direct
Financial Advisers
Plenty
Over 10 Insurers Compared
Online / Direct
Financial Advisers
Plenty
Multiple Quote Comparisons
Online / Direct
Financial Advisers
Plenty
Anytime Relevant Quotes
Online / Direct
Financial Advisers
Plenty
How Plenty Helps With Your Life Insurance
Tailored Recommendations

Plenty will give you tailored life insurance advice - this mean we tell you exactly what type and how much of each insurance you require. These quotes are based off a complex analysis of your income, expenditure, debt, family and a host of other variables.

We also understand that life is full of trade-offs - ideally, we would like to recommend very high sums insured so that you would be in a strong financial position if you ever had the need to claim on your insurance. However, if that was the case then the premiums would be unaffordable. The sums we recommend provide a good balance between the affordability of the policy and the benefit you would receive.

Life Insurance Comparison

Whenever we give a life insurance recommendation our platform automatically compares life insurance quotes from the 12 biggest and best insurers in Australia.

We will then display to you the two best options for you and compare it to the most expensive - this will give you comfort that you are getting the best deal possible.

Anytime Quotes

As your life changes your life insurance policy might have to change along with it. To ensure you have the best life insurance cover in place at all time we give you the ability to get a new roadmap at any time.

In each new roadmap we use the most current and up to date data possible to give your personalised life insurance advice.

Low Cost Life Insurance

When giving our life insurance quotes we are supplier agnostic - this means our criteria for the policy we select is purely based off getting you the lowest cost life insurance that meets your needs.

In most of the commerce world it is cheaper to buy products directly from suppliers rather than going through a middle man. This is not the case with insurance, in fact - not only is going through an adviser like Plenty going to be over 20% cheaper per year than going direct, you are also going to receive superior coverage.

Get started with Plenty now to get your free financial roadmap with personalised life insurance advice
Get your money working harder for you.