100+
quotes gathered
We gathered over 100 life insurance quotes to get our average costs, looking at 4 different age groups between 30 and 60 with $500,000 of life insurance cover.
A healthy male at age 40 can expect to pay around $19 per week for a $500,000 life insurance policy in Australia. It's also generally cheaper for women, who might expect to pay around $14 per week for the same level of cover.
Life insurance costs vary from person to person. While we've done our best to give you an idea of the price of life insurance, however, your own circumstances will impact the cost of your cover.
100+
quotes gathered
10+
policies analysed
4
age groups
Finder sourced quotes from 10 Australian life insurance brands. Below are the average weekly costs for a non-smoker with no medical conditions earning an annual income of $80,000. These quotes were correct as of February 2023.
Amount Insured | 30-year-old | 40-year-old | 50-year-old | 60-year-old |
---|---|---|---|---|
$500,000 | $6.93 | $11.1 | $26.33 | $76.3 |
Amount Insured | 30-year-old | 40-year-old | 50-year-old | 60-year-old |
---|---|---|---|---|
$500,000 | $10.02 | $15.28 | $39.48 | $137.35 |
30-year-old | 40-year-old | 50-year-old | 60-year-old | |
---|---|---|---|---|
ahm | $44 | $63 | $171 | $563 |
Allianz | $37 | $54 | $153 | $507 |
ANZ | $32 | $46 | $121 | $450 |
Bendigo | $59 | $59 | $170 | $595 |
Budget Direct | $22 | $28 | $92 | $376 |
Insuranceline | $42 | $69 | $153 | $555 |
Medibank | $46 | $66 | $180 | $592 |
NobleOak | $22 | $28 | $92 | $376 |
RAC | $28 | $35 | $114 | $466 |
Suncorp | $29 | $69 | $153 | $555 |
TAL | $20 | $30 | $63 | $260 |
Zurich Ezicover Life Insurance | $23 | $29 | $66 | $234 |
30-year-old | 40-year-old | 50-year-old | 60-year-old | |
---|---|---|---|---|
ahm | $35 | $49 | $116 | $205 |
Allianz | $29 | $42 | $103 | $307 |
ANZ | $25 | $37 | $86 | $268 |
Bendigo | $36 | $56 | $128 | $406 |
Budget Direct | $15 | $22 | $67 | $236 |
Insuranceline | $29 | $57 | $126 | $361 |
Medibank | $37 | $52 | $122 | $357 |
NobleOak | $15 | $22 | $67 | $236 |
RAC | $19 | $28 | $82 | $293 |
Suncorp | $29 | $57 | $126 | $361 |
TAL | $19 | $24 | $51 | $165 |
Zurich Ezicover Life Insurance | $18 | $25 | $48 | $143 |
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