Life insurance news and advice

Some of the largest life insurance companies in the country have teamed up to encourage Australians to get vaccinated against Covid-19.

The number of people planning to renew their life insurance policies has jumped from one in three to 50% of policyholders over the last year.

The Australian Securities and Investments Commission (ASIC) is urging 40,000 Australians who bought life insurance through the formerly ANZ-owned OnePath to apply for refunds.

Understanding life insurance is certainly not for the faint of heart. There are so many different terms to wrap your head around, not to mention the choice between superannuation life insurance and standalone cover. 

While the NSW and Queensland floods are now at bay, many residents are still feeling the flow-on effects of the disaster. The NSW SES alone responded to over 12,000 requests for help and conducted more than 1,000 direct flood rescues.

Despite our most organised efforts, we can’t plan for every event in life. But when it comes to ensuring the financial security of your family and loved ones, life insurance can make sure their needs are met in case you become ill and are unable to work or, in the worst case scenario, pass away unexpectedly. 

Life insurance and its often confounding intricacies isn't usually casual conversation fodder. But it's also very necessary for a number of Australians, especially for those who contribute to supporting their family financially.

Life’s too precious to take shortcuts when it comes to life insurance, so taking the time to find the right policy is an absolute must. For many Australians though, comparing life insurance can be confusing and it's often difficult to know how to assess one policy against another or what levels of cover you really need.

Looking for deets on the best life insurance and income protection in 2021? Check out all the winners in the 2021 Mozo Experts Choice Life Insurance Awards, and find out why NobleOak was one of only two insurance providers to take home an award for Exceptional Quality Income Protection.

The Australian Prudential Regulation Authority (APRA) has announced it will recommence reforms of individual disability income insurance (IDII).The intervention into IDII, otherwise known as income protection insurance, began in December 2019 but was put on hold in response to the global pandemic.