According to a recently released survey by KPMG and the Financial Services Council, life insurance claims related to mental health increased by a whopping 53% between 2013 and 2018. This new research is very timely, given that a large number of people across the country have just spent months inside due to the Coronavirus pandemic.
The number of Australians taking out a life insurance policy has dropped by 9% in the last two years, with cost issues proving the largest roadblock in the decision by many households not to take out cover.
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. Finding the right policy for you and your family can be daunting, which is why we’re pleased to announce the 2019 Mozo Experts Choice Awards for Life Insurance.