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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

HESTA Announces 12% Reduction in Insurance Fees to Benefit Members
HESTA Announces 12% Reduction in Insurance Fees to Benefit Members
18 May 2026: Paige Estritori
HESTA, a leading Australian superannuation fund, has unveiled a significant reduction in insurance fees, aiming to make coverage more accessible and affordable for its members. Effective from 1 July 2026, the fund will implement an average 12% decrease across all insurance cover types, including death, total and permanent disablement (TPD), and income protection. - read more
Rising Mental Health Claims Drive Surge in Income Support Demand
Rising Mental Health Claims Drive Surge in Income Support Demand
18 May 2026: Paige Estritori
Recent data reveals a significant increase in the number of Australians accessing income support, with over 8 million individuals receiving assistance in the past year. This surge is largely attributed to a rise in mental health-related claims, highlighting a pressing issue within the workforce. - read more
AFCA Supports Insurer in Income Protection Offset Dispute
AFCA Supports Insurer in Income Protection Offset Dispute
18 May 2026: Paige Estritori
The Australian Financial Complaints Authority (AFCA) has recently ruled in favour of Nippon Life Insurance in a dispute concerning income protection (IP) offsets, confirming an overpayment of nearly $18,000 and supporting the insurer's decision to suspend benefits during the reconciliation of compulsory third party (CTP) income. - read more
Australian Cosmetic Prices Surge Amid Middle East Supply Disruptions
Australian Cosmetic Prices Surge Amid Middle East Supply Disruptions
18 May 2026: Paige Estritori
Recent geopolitical tensions in the Middle East have led to significant disruptions in crude oil supply, resulting in increased costs for petroleum-derived raw materials essential to the cosmetic industry. This development is causing a notable rise in the prices of beauty products across Australia. - read more

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Knowledgebase
Umbrella Policy:
An additional insurance policy that provides extra liability coverage beyond the limits of the insured's primary policies.