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Life Insurance Articles

What to Look for in Basic Health Insurance Cover What to Look for in Basic Health Insurance Cover
Welcome to our discussion on basic health insurance cover, a topic that is crucial yet often overlooked in the hustle and bustle of everyday life. Navigating the world of health insurance can be daunting, but understanding your options is vital for peace of mind and financial stability. - read more
How to Use Insurance to Protect Your Finances and Manage Debt How to Use Insurance to Protect Your Finances and Manage Debt
Financial protection and debt management are essential components of maintaining a stable financial life. Without proper safeguards, unexpected events can quickly derail even the best-laid financial plans. - read more
Income Protection vs. Life Insurance: Why You Need Both Income Protection vs. Life Insurance: Why You Need Both
Insurance plays a crucial role in safeguarding our financial future. It serves as a safety net, ensuring that we can manage unexpected events without severely impacting our financial stability. For Australian adults, having the right types of insurance coverage is essential for peace of mind and financial security. - read more
The Single Parent’s Guide to Securing Your Child’s Financial Future The Single Parent’s Guide to Securing Your Child’s Financial Future
Single parenting brings with it a mosaic of responsibilities and challenges, not least of which is securing a stable financial future for your child. The rollercoaster of raising a child alone often means that planning for the future can take a back seat to the day-to-day demands of parenting. Unexpected illnesses and injuries can compound these challenges, causing stress to multiply and plans to go awry. - read more

Insurance News

Call for Enhanced Support for Indigenous Insurance Customers Call for Enhanced Support for Indigenous Insurance Customers
09 Dec 2025: Paige Estritori

The Life Code Compliance Committee has identified significant gaps in support for Indigenous customers within the insurance sector, following an audit of three major insurers representing two-thirds of the market. The analysis reveals that these insurers lack adequate procedures for safe self-identification, a critical step towards ensuring cultural inclusivity and accessibility. - read more
Australian Insurtech Startups: Pioneering the Future of Insurance Australian Insurtech Startups: Pioneering the Future of Insurance
09 Dec 2025: Paige Estritori

The Australian insurtech sector is experiencing significant growth, with startups introducing innovative solutions that enhance efficiency, security, and customer engagement within the insurance industry. A recent report titled 'Insurtech Down Under: Trends, Tech and Triumphs' highlights the pivotal role these companies play in reshaping the market. - read more
Australian Insurers Address Surge in Mental Health Claims Australian Insurers Address Surge in Mental Health Claims
09 Dec 2025: Paige Estritori

The Australian insurance industry is facing unprecedented challenges due to a significant rise in mental health-related claims. The Council of Australian Life Insurers reports that mental health has become the leading cause of total and permanent disability claims, accounting for nearly one in three payouts. - read more
Calls for Overhaul in Australian Insurance Claims Handling Processes Calls for Overhaul in Australian Insurance Claims Handling Processes
09 Dec 2025: Paige Estritori

Australian consumer advocacy groups are intensifying their calls for substantial reforms in the insurance industry's claims handling processes. The Australian Consumers Insurance Lobby (ACIL) has criticised the current system, highlighting ongoing issues that compromise consumer outcomes. - read more

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