New to life insurance
Compare alternatives
We currently don't have a partnership for that product, but we have other similar offers to choose from (how we picked these ):
Compare these life insurance brands & more
Why compare Life Insurance with Finder?
No spam calls
You won't receive any callbacks from Finder if you compare with us.Features obsessed
We gathered 170 quotes and analysed 10+ policies.Living it! Objectively rated
One simple score out of 10 makes it easy to choose.Thousands of people compare with Finder every month
4.69 average rating from 805 reviews






Compare products in under a minute
Compare NowHow much does life insurance cost?
The average cost of a life insurance policy is $1,258 annually, according to Finder research of 11 providers.
The cost of your life insurance premium will depend on the following:
- Your age
- Your health and any pre-existing conditions
- Your lifestyle choices, for example, if you're a smoker or if you exercise regularly
- The level of cover you choose
- How many optional extras you do or don't add on
The cost of life insurance is highly dependent on personal factors so your own annual premium is likely to be different to our average cost. This information should be used as a guide only.
How much are Australians spending on life insurance?
Every month, we ask a bunch of Aussies what they're paying for their life insurance. Here's what their bill looked like in January 2025.$129
Price based on 170+ responses about their monthly premium in January 2025.Other types of life insurance

Total and permanent disability (TPD)
TPD covers you if you get severely injured or sick. For example, if you become blind or paralysed after a car accident and become permanently disabled.
Typical cover range:$50,000 to $5 million.

Trauma insurance
Trauma cover, sometimes called critical illness cover, is a policy add-on that pays a lump sum if you're diagnosed with a major medical condition, such as cancer or a heart attack.
Typical cover range:$500,000 to $2 million.

Income protection
Income protection insurance pays a monthly benefit if you're unable to work due to illness or injury. Usually, it will only pay up to 70% or 75% of your typical wage for a period of 2 or 5 years.

"I've never really thought about my life insurance, but after having a baby and buying a house in the same year I felt now was the time I needed to take out cover. Having a policy that would cover my mortgage payments is one less thing I now need to worry about."
Life insurance guides and resources
FAQs
What is the Finder Score?
Life Insurance is a little complicated and a lot overwhelming. That's why we made the Finder Score, to make it easier to compare Life Insurance products against each other.
We have assessed over 30 products and assign each product a score between 1-10 based on 13 features, including price.
Remember that Finder Score is just one factor to consider. Look at other aspects like fees, features, benefits and risks to make sure a product is suitable for you. Double-check details that matter to you before applying or buying.
To be eligible for a Finder Score, providers must provide us with quotes. We use the average price across 12 personas. The personas we collect quotes and use for the purpose of Finder Score are:
The Finder Score methodology is designed by our insights team and reviewed by our editorial team. We review the products objectively. Commercial partnerships do not affect the score.
Karen Eley is the founder of Women Talking Finance, which provides money coaching and financial literacy and education services. An experienced and former financial adviser who has worked in financial services industry for 22 years, Karen is a Certified Money Coach (CMC), holds a Bachelor of Accounting and an Advanced Diploma in Financial Planning and CFP.
Read more on Life Insurance
-
The best families deserve the best life insurance
Read our comprehensive guide to finding the best life insurance policy for your situation.
-
ahm life insurance review
Read our comprehensive review of ahm Life Insurance to find out if it's right for you.
-
Life insurance rewards programs
Here are some of the health reward programs and discount schemes available from Australian life insurance brands.
-
TAL Life Insurance Review
Compare TAL life insurance policies and receive a quote for cover for the different policy options available.
-
Allianz Life Insurance Review
What you need to know about Allianz Life Insurance.
-
Life Insurance Deals and Discounts February 2025
Find the latest life insurance deals and discounts from Australian brands.
-
Medibank Life Insurance Review
Choose a flexible life insurance policy that meets your needs with Medibank life insurance.
-
NobleOak life insurance review
Looking for a direct insurance company that offers affordable, straightforward cover options? Discover the benefits of NobleOak life insurance.
-
Zurich Life Insurance Review
Find out what cover is on offer from Zurich Life Insurance and receive a secure quote for cover. Zurich offers a Life, Income, TPD, Trauma, and Child Cover with additional options to tailor cover further.
-
Real Insurance Life Insurance Review
Compare Life Insurance and Income Protection policies from Real Insurance and get cover in place with no medical or blood tests.