Life Insurance News

Rate Detective supports LifeWise, a new organisation aimed at assisting Australians in gaining the right coverage for their personal insurance requirements.

One of the greatest temptations for the cash strapped consumer is to cancel his or her life insurance policy and medical cover.

It's important to know what to do with life insurance claim money should you be forced to make a claim.

Insurance policies may exist for long periods of time before a claim is made. The original reason and the original amount of cover may no longer stand relevant to the situation of the claimant and their dependents, even if it does what is the money meant for.

Within the life insurance world, Zurich insurance company had checked out a niche position for clients who want to consider their life insurance products as being a long-term lifestyle ownership commitment.

When an individual buys life cover through their superannuation fund it is cheaper and more tax effective than purchasing it in their own name.

With many changes in super, it has certainly come a lot more popular for consumers to purchase their life insurance through their super fund.

Life insurers and industry body IFSA are putting their support behind a proposed state legislation to abolish stamp duty and other similar type taxes on life insurance products which, if passed, could reduce the cost of premiums by up to 12 per cent.