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Income Protection in Australia

Income Protection Insurance: Get a monthly income when you have days off work, due to accident or illness. Free advice. Compare quotes, instantly! Please visit www.lifeinsurancedirect.com.au/income-protection/

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Income Protection in Australia

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  1. Insurance Coverage In Australia

  2. Types of Insurance in Australia • Australia has a sophisticated and well-developed insurance market, which can be divided into roughly three components: life insurance, general insurance and health insurance • Types of insurance • Life Insurance • General Insurance • Health Insurance © Copyright 2011 - 2012 www.LifeInsuranceDirect.com.au

  3. Life Insurance • Australian insurers are unusual in providing a lump sum Total and Permanent Disability insurance. • Some of the life insurance companies which operate in Australia are: • AIA Australia • AMP Limited • AXA • Asteron Life (Suncorp) © Copyright 2011 - 2012 www.LifeInsuranceDirect.com.au

  4. General Insurance • General insurance products sold in the Australian market can roughly be divided into two classes: • Liability insurance and Property insurance • The three large general insurer groups are: • Insurance Australia Group  • Suncorp • QBE Insurance © Copyright 2011 - 2012 www.LifeInsuranceDirect.com.au

  5. Health Insurance • The Australian Government provides a basic universal health insurance, Medicare. • Private health insurance in Australia is limited to those services not covered by Medicare or to services provided in private hospitals. © Copyright 2011 - 2012 www.LifeInsuranceDirect.com.au

  6. This presentation has derived numerous citations from various sources including http://en.wikipedia.org. The complete article can be found here. • LifeInsuranceDirect does not claim the ownership over the content of this presentation. © Copyright 2011 - 2012 www.LifeInsuranceDirect.com.au

  7. Thank You LifeInsuranceDirect.com.au

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