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Life Insurance - Buy Better to Have Better Life

Get more out of your life insurance: compare quotes, discounts! Secure your financial future. And, it is free! Visit us at www.lifeinsurancedirect.com.au/

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Life Insurance - Buy Better to Have Better Life

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  1. Life Insurance - Buy Better to Have Better Life

  2. Life Insurance Definition • Generally Life Insurance Policy in Australia pays a lump sum, if the insured person dies, or is diagnosed with a terminal illness. • A protection against the loss of earnings that would result if the guaranteed passed away. • The named beneficiary receives the proceeds and is thereby safeguarded from the financial impact of the death of the insured. © Copyright 2011 - 2012 www.LifeInsuranceDirect.com.au

  3. Why do we need Life Insurance? • The suggestion behind life insurance is to make your family financially independent in case of your absence. • Life insurance is necessity if you are only bread winner in the family and you have some liability to pay out like bank loan, mortgage etc. • Best life insurance policy supports your family financially if something happens to you. In addition to this it also act as a money saving strategy. © Copyright 2011 - 2012 www.LifeInsuranceDirect.com.au

  4. Term Life Insurance • A life insurance policy in Australia is also called Term Life Insurance, the main type of life insurance available here. • Term life insurance has the same death benefits as the permanent life insurance. • Term life insurance is a type of policy that pays a predetermined amount of money upon the death of the person insured. © Copyright 2011 - 2012 www.LifeInsuranceDirect.com.au

  5. Factors That Affects Premiums • In Australia, generally you have the option of paying your premiums either monthly or yearly. Some of the factors that generally influence how much premium you pay are: • Age: Generally, younger people pay lesser premium compared to their older counterparts because of lesser risk to their life. • Gender: due to a higher life expectancy women generally pay lesser premium for their life insurance • Are you Smoker?  © Copyright 2011 - 2012 www.LifeInsuranceDirect.com.au

  6. Comparing Life Insurance • In the recent past, buying life insurance online and taking time to compare life insurance rates have become very popular options for most people. • An online search will enable you to compare different policies from different life insurance providers. • Take your time to not only read, but to understand what they have on offer as much as possible. © Copyright 2011 - 2012 www.LifeInsuranceDirect.com.au

  7. Life Insurance Quotes • Life insurance quotes and what they cover do vary from one company to another.  • Obtaining a couple of quotes on your own, which is without a doubt easy to complete, can give you some idea of what is available before you go and speak to your insurance expert. © Copyright 2011 - 2012 www.LifeInsuranceDirect.com.au

  8. Thank You www.LifeInsuranceDirect.com.au This presentation does not represent and products or services provided by LifeInsuranceDirect.

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