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:
There are 4 major types of life insurance
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:
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.
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.
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.
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.