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Not owned by any insurers or banks

Unlike some other comparison services, we are independently owned. Any life insurers we partner with do not approve our content or editorial direction.


No phone calls unless you actually apply

You won't need to enter your contact details to compare the prices and features of different policies. It's all online.


More than just comparison

We believe in giving you detailed information so you aren’t just blindly comparing on price. Empower your life insurance choice with the know-how of an expert.


I saved $82 (per month) on my life insurance

I jumped on Finder to compare mine and my partner’s life insurance policies. Dropped in my details and within a few minutes got a call from an insurance consultant - to my surprise he quoted the same cover we currently have but saved us a combined total of $82 per month in premiums...That’s seriously impressive for 5 minutes of my time! Plus I was told we’ll get a 20% rebate on our first years premiums!

Aaron S. Bowral, NSW

In a year? That's almost $1000 in savings for Aaron

What types of life insurance can I compare here?


Life Insurance


Income Protection


Trauma Insurance




Funeral Insurance


Personal Accident

How do I actually compare cover?

It's actually pretty straightforward. Just follow this process:

1. Understand your needs

Consider how much and what type of cover you'll need.

2. Compare prices and benefits

Enter a few details into our quote engine to get an online comparison of price, features and benefits, as well as age limits. Our comparison tool can help you save money on your policy.

3. Apply direct or with an adviser

How much help will you need with your application?

Tools to help you make a decision

Find the right coverage

Answer two quick questions to work out the type of cover you need.

Question 1 of 2

You're probably looking for...

Life insurance

Life insurance pays out a benefit to your loved ones if you die. This payment can be used to pay off the mortgage and for any ongoing expenses your family has.

Ready to cover your loved ones?

Simply go to the top of the page to get your quote. If you prefer to speak to chat over the phone:

Enquire (1300 801 442) How to compare guide

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What is life insurance?

Life cover, death cover or term life insurance is a common type of life insurance. It pays out a lump sum benefit if you pass away or become terminally ill.

How it all works

Life insurance pays out a lump sum benefit if you die or are diagnosed with a terminal illness. To be specific:


You pass away unexpectedly

A benefit will go to your loved ones in the event of your death.

You become terminally ill

If you are diagnosed with a terminal illness where you're expected to live less than a certain amount of time e.g. 12 months.

A life insurance payment can be used to achieve financial goals such as:


Handling every day living expenses


Paying off a mortgage or buying a house


Taking care of your debts

educationRaising children

Is life insurance worth it?

Simply compare the cost of a $500,000 policy vs the average costs* that may need to be covered if you're not around.


Monthly cost of life insurance

As little as $23.48


Average cost of raising a child



Average home loan size



Average credit card debt


Video: Life Insurance in 2 minutes

Work out what type of cover you need

I want to:

In case:

In case:

In case:

In case:

Some guides to help you make an informed decision

Latest industry news


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By understanding how life insurance actually works, you’ll find more suitable cover than most other customers out there. We believe in giving you the know-how to get yourself the best policy available

How do I find cover that suites me?

The process of finding the right cover involves asking yourself a few simple questions:

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    Guide: Right time to buy life insurance

    How do the different types of life insurance work?

    ComparisonLife coverIncome ProtectionTraumaTPDFuneral InsuranceAccidental injury / death
    Payment type:Lump sumOngoing monthly benefit of up to 85% of regular incomeLump sumLump sumLump sumLump sum or income protection
    Main purposePays out to loved ones in the event of your deathKeep up with your expenses if you are forced to take some time out of work due to accident, illness or major traumaPays out if you're diagnosed with specific illness e.g. stroke so that you can focus on your recoveryPayment to clear debts, cover medical costs if you become permanently disabledCover the cost of your funeral (up to $30,000)Provides cover in the event of accidental injury /death (no sickness cover)
    • Advance payment for funeral expenses
    • Worldwide cover
    • Pays until you can return to work or to retirement age of 65
    • Premiums are generally tax-deductible (outside super unless self-employed)
    • Additional benefits provided to cover rehabilitation expenses
    • Can be bundled with life cover
    • Some policies cover up to 50 different medical conditions
    • Can be bundled with life cover
    • No medical tests required
    • Cover for accidental death in first 12 months
    • No medical or blood tests required
    • Can be more affordable than income protection and life insurance
    • Cover anywhere, 24 hours a day 365 days a year
    Minimum entry age181818181818
    Maximum entry age(Next birthday)796464647964

    Types of life insurance: 2017 guide

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    Should I buy cover with an adviser or straight from the insurer?

    Both options have benefits to consider so it really comes down to your own personal preference...

    Reasons why people buy with an adviser

    • Access to wide range of products to give you greater choice.
    • Can use their knowledge of the market to help you find cover suitable for your situation.
    • Can help you assess your situation to determine what type/how much cover you require.
    • Can offer advice around life insurance inside and outside superannuation.
    • Generally offer higher cover levels and greater range of features.

    Life insurance with advice

    Reasons people go direct to the insurer

    • Usually no medical required on direct products
    • Cover can be put in place entirely online or over the phone.
    • You know straight away if your application is successful.
    • Immediate death cover once application is received.
    • Direct products are beginning to become more and more competitive with some cover amounts up to $15 million.
    • Number of general insurance products now offering cover for involuntary redundancy.

    Direct life insurance guide

    I've already got life insurance in my Superannuation, is it enough?

    Most superannuation funds will provide members with a default level of cover which can be increased, decreased or cancelled altogether. If your employer is making super contributions through a default super fund, you most likely have a default level of cover for you. The cover provided in your super may be sufficient for your situation but you need to weigh up the benefits and drawbacks of this option and whether you require an additional level of protection;

    Benefits of funding through super

    • Generally cheaper as cover is purchased in bulk by super fund.
    • Premium payments may be tax-deductible if paid with pre-tax dollars.
    • Self-employed workers under the age of 75 may be eligible to claim a tax deduction for personal contributions.
    • In some cases can arrange for employer to make contributions directly to their fund of an amount that will include the premium of life or disability cover.
    • Payments made automatically direct from your super and not your after tax income.
    • Reduced requirement for health checks.

    Drawbacks of funding through super

    • Types of cover available is limited. Trauma insurance is no longer offered through superannuation.
    • Usually reduced level of cover offered to retail policies.
    • Benefits paid to non-dependents can attract tax.
    • Payment of benefit can be more complicated/drawn out as benefit is paid to fund trustee first who then distributes funds.
    • Cover is generally more comprehensive/flexible for policies outside of super.
    • Cover expires at age 70 (most policies outside of Super will continue to provide cover until age 90 or 100).

    Life insurance inside super vs standalone cover

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    Am I eligible for cover if...

    • I'm not an Australian resident? There are a number of insurers willing to provide cover. Typically:
      • You'll have to of lived in Australia for a period of 6 months and are intending to apply for permanent residency
      • Your Visa permits you to stay in Australia for a period of at least 2 - 4 years
    • I'm over 70 years of age? Yes. Most insurers provide cover to applicants up to age 75 (age next birthday) and some offer cover for customers up to age 79 (age next birthday). Most brands will reduce the level of cover that older applicants can apply for.
    • I have a pre-existing condition? It will depend on the nature of the condition and any treatment you are undergoing and the insurer themselves. The insurer will either exclude the condition from cover, request you submit more details about the condition or automatically accept it.
    • I work in a high-risk job? You will probably be required to pay a higher premium for cover than an office worker. It’s worth discussing your occupation with a consultant to give yourself the best chance of finding an insurer willing to offer competitive cover for your occupation.
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    Don’t want to overpay but don’t want to be under protected?

    Here are some tips to get quality cover that won’t send you broke;

    • Buy young and lock in a competitive rate. Taking out cover when you are younger means you can lock in a more competitive rate as oppose to when you're older and more prone to pre-existing conditions. Cover is guaranteed renewable so you don’t have to worry about being knocked back further down the track.
    • Find out how much cover you actually need. Take the time to assess what needs to be covered in the event your death/serious injury.
    • Find out what cover you already have. You may already have some cover from your or your employers superannuation fund. Find out how much is included and if extra cover is necessary.
    • Take the time to shop around. Comparing policies with a consultant from a range of insurers gives you a greater chance of finding the right cover at a competitive rate.
    • Consider salary continuance insurance. Salary continuance maybe more suitable if you are younger and don't have as many financial dependants.
    • Keep an eye out for special offers. Competition among insurers has resulted in an increase of special offers to help you save further on your cover. This may include free cover for the first year, access to health rewards programs and premium discounts.

    Useful things to understand

    Still need help? Check out these answers to common questions

    Whether you need it
    Receiving a life insurance quote
    Applying for cover
    Policy exclusions
    Your policy
    Making a claim

    Receive quotes for life insurance

    Disclaimer: Please read our Terms and Conditions to understand the services we provide and how we will use the information we hold. The product information on this website is not intended to imply any recommendation or opinion about a financial product listed. Consider your personal circumstances and obtain professional advice before you commit to, or purchase, any particular product. Picture: Shutterstock

    *Average costs




    Ask an Expert

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    5 Responses

    1. Default Gravatar
      August 5, 2017

      I am 58 years old female and my husband is 67 years old. We are self-employed farmers. We are both non-smokers.We have no dependents. We have no superannuation or savings, shares or investments of any kind. We have about $100,000 in debt on our farm. Our home in also on the farm. I was thinking about taking out a joint policy with my husband. I’m not sure which company would insure us because of our age. I have no idea where to start.

      • Staff
        LiezlAugust 5, 2017Staff

        Hi Anne,

        Thanks for reaching out.

        The insurance companies listed on this page (https://www.finder.com.au/life-insurance/senior-life-insurance) offer life insurance policy to seniors who are over 60 years old. You may fill-in your information on the form and receive quotes. Alternatively, you may get quotes directly from the brands listed on the table. Simply click the green “Get Quote” button.

        I hope this will help.


    2. Default Gravatar
      RosemaryMarch 14, 2017

      Can i get life insurance if im unemployed

      • Staff
        ZubairMarch 15, 2017Staff

        Hi Rose,

        Thank you for your question.

        You may be able to get life insurance if you’re unemployed but you might be declined coverage for the lack of ability to pay for the policy.

        Please make sure though to read the eligibility criteria, features and details of the policy, as well as the relevant Product Disclosure Statement PDS/T&C’s of the policy before making a decision and consider whether the product is right for you. If necessary, speak to the insurance brand to verify any details.

        All the best,

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