TAL - Life Insurance & Income Protection
If the name TAL sounds unfamiliar to you, it could be because it was formerly known as Tower Life Insurance. Already one of the nation’s leading insurance providers, the branding changed when the company was bought over by the Japan-based Dai-ichi Life Company.
In 2012, TAL had a market share of 14.54% in Australian risk insurance, and the company recorded an increase in premium payments above 10% in 2013. It protects more than 2.5 million Australians, and its parent company Dai-ichi Life Company has more than 8.5 million policy holders. The company has quite consistently won several awards for excellence over the years, including the Association for Financial Advisers (AFA) / Plan for Life Award, as well as the Super Review Award, and the Australian Banking and Finance Insurance Award.
When it comes to social responsibility, TAL uses fair trade products and regularly supports breast cancer research and other causes in the community.
You can compare the premiums of TAL to other providers in the market through our comprehensive quote service.