1 / 8

Life Insurance - Buy Better to Have Better Life

Get more out of your life insurance: compare quotes, discounts! Secure your financial future. And, it is free! Visit us at www.lifeinsurancedirect.com.au/

lifeinsurancedirect
Download Presentation

Life Insurance - Buy Better to Have Better Life

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Life Insurance - Buy Better to Have Better Life

  2. Life Insurance Definition • Generally Life Insurance Policy in Australia pays a lump sum, if the insured person dies, or is diagnosed with a terminal illness. • A protection against the loss of earnings that would result if the guaranteed passed away. • The named beneficiary receives the proceeds and is thereby safeguarded from the financial impact of the death of the insured. © Copyright 2011 - 2012 www.LifeInsuranceDirect.com.au

  3. Why do we need Life Insurance? • The suggestion behind life insurance is to make your family financially independent in case of your absence. • Life insurance is necessity if you are only bread winner in the family and you have some liability to pay out like bank loan, mortgage etc. • Best life insurance policy supports your family financially if something happens to you. In addition to this it also act as a money saving strategy. © Copyright 2011 - 2012 www.LifeInsuranceDirect.com.au

  4. Term Life Insurance • A life insurance policy in Australia is also called Term Life Insurance, the main type of life insurance available here. • Term life insurance has the same death benefits as the permanent life insurance. • Term life insurance is a type of policy that pays a predetermined amount of money upon the death of the person insured. © Copyright 2011 - 2012 www.LifeInsuranceDirect.com.au

  5. Factors That Affects Premiums • In Australia, generally you have the option of paying your premiums either monthly or yearly. Some of the factors that generally influence how much premium you pay are: • Age: Generally, younger people pay lesser premium compared to their older counterparts because of lesser risk to their life. • Gender: due to a higher life expectancy women generally pay lesser premium for their life insurance • Are you Smoker?  © Copyright 2011 - 2012 www.LifeInsuranceDirect.com.au

  6. Comparing Life Insurance • In the recent past, buying life insurance online and taking time to compare life insurance rates have become very popular options for most people. • An online search will enable you to compare different policies from different life insurance providers. • Take your time to not only read, but to understand what they have on offer as much as possible. © Copyright 2011 - 2012 www.LifeInsuranceDirect.com.au

  7. Life Insurance Quotes • Life insurance quotes and what they cover do vary from one company to another.  • Obtaining a couple of quotes on your own, which is without a doubt easy to complete, can give you some idea of what is available before you go and speak to your insurance expert. © Copyright 2011 - 2012 www.LifeInsuranceDirect.com.au

  8. Thank You www.LifeInsuranceDirect.com.au This presentation does not represent and products or services provided by LifeInsuranceDirect.

More Related