Why Do You Need Life Insurance?

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*iSelect’s partnered with Lifebroker to help you compare a range of Life Insurance policies. Not all policies are available at all times or in all areas. Any advice provided on this website is general in nature and does not consider your situation or needs. Please consider if any advice is appropriate for you before acting on it. Learn more.

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Save time and effort by comparing life insurance with iSelect’s trusted partner Lifebroker*

Dealing with a death or serious illness in the family is difficult enough without the added strain that comes with a loss of income. That’s why life insurance is so important.

Here’s how life insurance can take some of the pressure off your loved ones at a difficult time.

Why is it so important to have suitable Life Insurance?

In the event that something should happen to you or your partner, life insurance can help keep your family financially secure.

Yet recent statistics show that when it comes to life insurance the average Australian is woefully underinsured. The same report shows that the average level of life insurance cover meets less than two-thirds of basic everyday needs, and the average level of disability cover only meets a fraction (13 per cent) of daily living expenses.

While you probably have some level of life insurance through your super, it may not be enough. The fact is, many families today would need up to $1 million or more to protect their current lifestyle.

Start comparing life insurance policies with Lifebroker, or call 13 19 20 and let us help you find a suitable policy today.

Easily compare life insurance quotes

Save time and effort by comparing life insurance from a range of policies and providers with iSelect’s trusted partner Lifebroker*

**iSelect’s partnered with Lifebroker (AFS Licence number: 400209) to help you compare a range of Life Insurance policies. iSelect earns a commission from Lifebroker for each customer referred through the website or contact centre. Lifebroker do not compare all life insurers or policies in the market.

iSelect Life Pty Ltd – ABN 89 124 304 347, AFS Licence Number 331128. Any advice provided by iSelect is of a general nature and does not take into account your objectives, financial situation or needs. You need to consider the appropriateness of any information or general advice iSelect gives you, having regard to your personal situation, before acting on iSelect’s advice or purchasing any policies. You should consider iSelect’s Financial Services Guide which provides information about iSelect services and your rights as a client of iSelect.’