Could this life cover policy from just $2.09 a day be right for you?
Liam T.
Last Updated on 9 May 2024
3 min read
If you’re considering taking out life insurance, but the high premiums have put you off, there is a solution — and it’s surprisingly affordable.
Our specialists at Life Insurance Comparison have found a life insurance policy that can protect you and your loved ones’ finances in a worst case scenario from just $2.09 a day for $2 million worth of cover. That’s great value, even if you’ve never held life cover before.
Choose your age range.
I’m … years old
Life cover can cost less than you think: If you know where to look, the cheapest policies start from just $2.09 a day. Even if you’re looking for something extra, Life Insurance Comparison’s specialists can help.
- We were surprised too when our specialists quoted us just $2.09 a day based on a 45-year-old non-smoking female with no pre-existing conditions who wants $2 million of cover.
- Our team knows life cover inside out: they’ll take time to get to know your medical history, occupation, and other details that can keep your premiums low, such as whether or not you smoke.
- Tell us how much you think you’ll need. When you’re deciding on an amount, people generally think about their biggest expenses, such as your mortgage, credit cards, or school fees.
What if you already have life cover? We can help you find a policy that meets your needs while trimming the fat.
- Some policies get more expensive as you get older. If you’re struggling to justify your premiums, it could be time to see if there’s a cheaper policy.
- Insurers often release new policies and pricing. If you got a policy years ago, there’s a reasonable chance you may be able to cut your costs.
- Circumstances changed as you’ve gotten older? If you’ve bought a house or have a health issue, such as sleep apnea or diabetes, you may want to consider updating your life insurance.
The bottom line
Life Insurance Comparison’s specialists could save you hundreds of dollars in premiums. They have years of experience in the life insurance industry and compare policies from ten of Australia’s leading insurers.
Looking for a cheaper life insurance policy but don’t know where to start? Our specialists at Life Insurance Comparison can help you find coverage from just $2.09 a day.
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We do not compare all life insurers or products in the market. Any advice provided in this website is of general nature and does not take into account your needs, objectives or financial situation. You should consider the appropriateness of it (and any relevant product) before proceeding, and read the relevant Product Disclosure Statement for the product. For more information about the range of insurers, how Life Insurance Comparison works for you, and how we make our money (keep in mind our quotes are free for you to utilise), click here and take the time to read our FSG. The financial products compared on this website do not necessarily compare all features that may be relevant to you. Comparisons are made on the basis of price only and different products may have different features and different levels of coverage.
So, why invest in Life
Insurance?
Protect Your Loved Ones
Safeguard your families financial future by covering costs, such as those during a time of an unexpected loss.
This article is opinion only and should not be taken as financial advice. Our advice is general in nature, it does not take your specific needs or circumstances into consideration. You should read the relevant product disclosure statement (PDS) before making any financial decisions. It is important to read the entire PDS carefully to make sure you have the cover that suits your own needs.
*Policy price is based on $2 million of cover for a 45-year-old non-smoking female white collar worker who has no pre-existing conditions. Prices may vary depending on your individual circumstances and insurance needs. Price updated 9th May 2024.
These logos represent some of the brands that we compare, we do not compare all products in the market and that we are not recommending any of the brands displayed: you will need to talk to a financial advisor to identify the best product that suits your needs.
