Do you know we can reduce the costs of your Life Insurance by 20%?
What is Term Life Insurance?
Term Life Insurance Cover provides a lump sum to your family in the event of death or terminal illness of the life insured. Life Insurance is available to people aged between 17 and 69 and can usually be renewed until the policy anniversary date before their 99th birthday.
Term Life Insurance helps to protect the life insured's family by providing a lump sum in the event of death, which could be used to meet needs such as:
- Children's education costs
- Mortgage and other loan repayments
- Enabling the life insured's business to keep running
- Meeting the family's ongoing income needs
How much Life Insurance Cover do I need?
There is an old saying 'A debt should not out last the person who created it'. So add up all you current debts to one figure and this is our starting point. From here, depending on individual circumstances we might add in educations cost of children, funeral costs and medical expenses. The last but not the least point to take into account is the future income requirements to the family. This last point is very important as many families struggle to survive after the death of the main income generator into the family.
Check our guide about Types of Life Insurance if you want more information.
How much does Life Insurance cost per month?
There is no simple answer to that question. There are too many variables. The 4 major ones are:
- What is your age?
- What is your gender?
- Are you smoker or non-smoker?
- What amount of insurance?
Here at Rate Detective we try to take these 4 major factors into place when designing our Life Insurance quote estimates.
Term Life Insurance quote estimates
- Enter your details to receive online estimates of your monthly Life Insurance premiums from a selected panel of insurers.
- Product Disclosure Statements (PDS) are provided for your convenience where possible.
- Life Insurance premium may vary depending on occupational type and past and present medical history. All life insurance applications require underwriting assessment and only at that time can a formal offer be made.
- Click on the enquire button and we will put you in contact with a fully licensed advisor who can provide detailed advice.
- And for limited time only, if you apply through us you will receive 20% cash rebate for your Life Insurance premiums (life insurance needs to be kept for a minimum of 12 months). You will not receive it by going through the insurance companies yourself!