It's a simple process to obtain a quote for your life insurance requirements. Please fully complete the personal information form in order for a quote to be generated.

Then input data into the areas for which you would like quotes on. To provide as much flexibility as possible we have provided the two options under Life Insurance, TPD and Trauma. So if you would like to have different amounts quoted in order to compare prices, fill in the different amount in the two fields.

Term Life Cover

Term life insurance provides a lump sum payment on the death of the life insured. Approximate premiums are detailed below for non-smokers.

People take term life cover to pay out their debts and leave a lump sum to provide financial security for their partner and/or children.

TPD

Total and Permanent Disability (TPD) is usually taken as an extension to life cover. It provides a lump sum payment in the event that the life insured is totally and permanently disabled.

Where people take income protection the amount of TPD cover can be reduced. As if you have correct income protection, in the event of total disablement the income protection policy will replace lost income.

The costs below are for life and TPD cover combined.

Trauma Insurance

Trauma policies pay a lump sum in the event of an injury or sickness as defined in the policy document, (for example cancer, heart attack, stroke). This can be taken as a stand alone policy (on its' own), or attached to a life insurance policy.

There are basic trauma policies and there are extended trauma policies that cover a greater level of events (we only quote on the extended cover). Some policies offer TPD as a definition of trauma, therefore this can provide cost savings.

The costs below are for stand alone trauma policies.

Income Protection

The biggest variable with income protection is the waiting period; with the table below we have assumed a benefit of $3,500 per month to age 65. We have run quotes with two waiting periods, 30 and 90 days. Please note that these are before tax premiums, and income protection premiums are tax deductible (non-smoker rates).

Type of Policy

Agreed Value Policy

With an agreed-value policy, you prove your income up front and insure to receive a set amount. The advantage is that you know what you will receive, regardless of changes in your income. The disadvantage is that these policies cost more (approx 20%)

Self employed people with variable income should take an agreed value policy.

Indemnity Policy

With an indemnity policy, you are insured for what you say you earn, but if you make a claim you have to verify your income. If your income has reduced since you applied for cover, your claim will be paid on the reduced amount.

Waiting Period

The waiting period, with income protection, determines how long you are unable to work before the policy begins paying your income. For example, with a 30 day waiting period you would begin receiving payments after 31 days.

Income protection should be used to protect against long term illness, therefore try and select a waiting period that matches your financial situation. It is important to note that the shorter the waiting period the higher the premium.

Benefit Period

With income protection this is how long the claim will be paid if you are unable to work. For example, with a benefit period to age 65, if you were unable to ever work again due to sickness or injury the policy would continue to pay you right up to this age. Ideally a long benefit period is chosen.

Annual Income

Please enter your gross annual income before tax including income from all sources.