Requirements may differ between insurers
It is important to note that these are just some of the standard requirements that have to be met by non-Australian residents so that they can take out life insurance cover in Australia. However, different insurance companies may have some specific requirements that differ from the ones mentioned above.
Can a non resident of Australia get work cover insurance if doing a business in Australia? If yes then which is the best company for this?
Hello Dhruv,
Thank you for your inquiry.
WorkCover (workers compensation) is full liability insurance that all employers (unless exempt) are legally obliged to take out to cover a worker’s medical and general living expenses should they be injured on the job site. While worker’s compensation laws vary, their basic obligations are the same. It also doesn’t matter what status visa you hold, so long as you’re legally working, all residents and non-residents are entitled to Workcover benefits.
Typically, there are four types of benefits that can be paid through workers compensation:
1. Income replacement
2. Medical benefits
3. Death benefits
4. Permanent disability
Take note that not all these covers will be made available to you. You can inquire through your employer and/or WorkCover Claims Assistance Service where claims are assigned to one of their scheme agents for further assistance.
Hope this helps.
Cheers,
Jonathan
Hi
looking for a provider of Mortgage Protection Plan that covers for Australian Expat
Thanks
Hi there Cheel,
Unfortunately the team of advisers that finder.com.au partners with does not have access to mortgage protection insurance. Alternatively, if you’d like to compare income protection insurance you can do so here: https://www.finder.com.au/income-protection
Best of luck,
Maurice
What are the requirements for a Nepalese citizen living in australia for last 10 years but on a student visa followed by 457 visa since 2012. Being on a 457 visa and on transit to permanent visa what conditions are to be met for life insurance or injury/income protection insurance?
Hi Nray,
Life insurance is typically available to non-residents on a 457 visa. However there some restrictions on cover such as the type of occupation you work in.
If you’d like to get in touch with an adviser you can do so here: https://www.finder.com.au/life-insurance
I hope this helps,
Maurice
My husband and I are moving to Perth in January 2017 on a 457 visa. We are looking for life insurance. My husband and I are non-smokers. He is 63 and I am 46 years old. Please could you send me quotes for life insurance for both of us. many thanks.
Hi Cheryl,
Thanks for your question. Finder is a comparison service and not an insurer. If you would like to receive a quote from the insurance brands in our panel, please enter your details into the get quotes form above and an adviser will be in touch.
All the best,
Richard