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Compare Life Insurance is a proud member of the Financial Services Online network, owned and operated by Clark Family Pty Ltd, A.C.N. 010 281 008 and we are committed to helping Australian individuals and businesses locate the best financial products, services, information and advice available via the internet.

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Life Insurance Articles


Insurance News

Zurich Australia's Strategic Acquisition of ClearView Wealth
Zurich Australia's Strategic Acquisition of ClearView Wealth
06 May 2026: Paige Estritori
In a significant move within the Australian life insurance sector, Zurich Financial Services Australia has announced its intention to acquire ClearView Wealth Limited. This acquisition, valued at approximately AUD 415 million, is set to bolster Zurich's footprint in the Australian market. - read more
Regulators Scrutinize Life Insurance Premium Practices
Regulators Scrutinize Life Insurance Premium Practices
06 May 2026: Paige Estritori
The Australian Prudential Regulation Authority (APRA) and the Australian Securities and Investments Commission (ASIC) have jointly released an update on their ongoing review of life insurance premium practices. This initiative aims to address concerns regarding the frequency and magnitude of premium increases, ensuring they align with policy terms and meet reasonable policyholder expectations. - read more
Advocating for Equitable Mental Health Evaluations in Life Insurance
Advocating for Equitable Mental Health Evaluations in Life Insurance
06 May 2026: Paige Estritori
The Life Insurance Code Compliance Committee (Life CCC) has released a report highlighting ongoing concerns regarding how Australian life insurers handle applications from individuals disclosing mental health conditions. The committee's findings suggest that while some insurers are adopting individualized assessment approaches, others continue to apply broad exclusions or rigid underwriting rules. - read more
NSW Government Introduces Digital Bond Transfer System for Renters
NSW Government Introduces Digital Bond Transfer System for Renters
06 May 2026: Paige Estritori
The New South Wales (NSW) government is set to revolutionise the rental process with the introduction of the Smart Rental Bonds system, scheduled for a mid-2026 rollout. This innovative digital platform will enable tenants to transfer their existing rental bonds directly to new properties, significantly reducing the financial pressure associated with moving. - read more

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Reinsurance:
Insurance that an insurance company purchases from another insurance company to mitigate risk.