LifeInsuranceOptions.com.au is a free service that helps Australians to find the most competitive life insurance options by connecting with a range of financial service specialists across Australia. We do not give preference to any insurance company referred to. Our insurance consultants compare quotes from all major insurance companies in Australia:
AIA Australia Life Insurance
Over two and a half million Australians benefit from AIA Australia’s life insurance services – that’s around 20 per cent of the working population. They’ve been in Australia for over 40 years and owe their success to providing the best possible cover at highly competitive rates and always paying legitimate claims promptly and reliably. With the backing of the long-established AIA Group, the largest independent, publicly listed pan-Asian life insurer, AIA Australia has a strong foundation for its presence in Australia..
AMP Life Insurance
AMP Australia has now been helping Australians provide for their financial future for over 100 years. AMP Australia is a member of the Global AMP Group, one of the largest financial services groups in the world with an enviable track record in meeting the superannuation, investment and insurance needs of 50 million customers worldwide. AMP products and services in Australia are primarily distributed through a network of 4,000 aligned and employed financial advisers and planners. AMP also has extensive relationships with external financial advisers. AXA merged with AMP on March 30, 2011, bringing together two colossal Australian businesses and providing a bigger range of insurance services for their customers.
Asteron Life Insurance
Asteron Life is part of the Suncorp Group. This means the company is backed by $95.5 billion of assets and a sound financial infrastructure which protects the interests of around nine million customers in Australia. In 2011, Asteron Life paid $248 million in claims to over 3,200 customers Australia-wide. They have more than 175 years of experience specialising in personal insurance and pride in being able to protect the lifestyle of Australians with innovative and up to date life insurance and income protection policies, that continuously reward their customers the longer they stay with Asteron Life.
BT Life Insurance
BT Insurance is part of BT Financial Group, which was acquired by the Westpac Group in 2002. BT has been helping Australians manage and create wealth since 1969. The company offers a variety of products including a number of different insurance cover options. In 2010, BT paid over $101 million in claims to over 1,020 customers.
CommInsure Life Insurance
CommInsure is part of the Commonwealth Bank Group, which means it has the financial backing of one of Australia's most solid financial institutions. With almost $2 billion worth of in-force premiums and 15% market share, CommInsure is one of Australia’s largest life insurers. In 2011, CommInsure paid a total of $622.2 million in life and disability insurance claims – that’s almost $12 million per week!
Macquarie Life Insurance
Macquarie Life was launched as a retail life insurance provider in 2007 and is part of Macquarie Bank Limited. Macquarie Life aims to provide a fundamentally different and improved experience for insurance customers, by offering flexible, innovative products which genuinely meet the needs of its clients. It uses clear, straightforward processes to ensure claims are handled as quickly, efficiently and sympathetically as possible.
MLC Life Insurance
MLC is the wealth management division of the National Australia Bank (NAB). MLC is Australia's second largest personal insurance provider, with over 120 years of experience offering financial protection and peace of mind to Australian families. MLC offers an award-winning suite of innovative, long-term and sustainable insurance products designed to protect the most important asset you have – your future.
OnePath Life Insurance
Formerly part of ING, OnePath is a subsidiary of the Australia and New Zealand Banking Group (ANZ). OnePath is a strong, people-focused business with a clear goal to help Australians shape and protect the quality of their lives. As one of Australia's leading providers of life and income insurance, OnePath offers customised financial protection for you and your family.
TAL Life Insurance
TAL Life (previously TOWER Australia) is the largest non-bank owned life insurance company in Australia. TAL is owned by the Dai-ichi Life Insurance Company, which was founded in 1902 as Japan's first mutual life insurance company. TAL is Australia's fourth largest insurer, and the country's leading specialist life insurance company. TAL's life insurance policies protect over 2.5 million Australians and it has over $1.5 billion of premiums in force.
Zurich Life Insurance
Zurich Australia, a member of the Swiss-based worldwide Zurich Insurance Group, is the only global financial services group operating in Australia under a single brand in the core business lines of general insurance, life risk, investment and superannuation solutions. Zurich Australia’s Life Risk business provides choice and flexibility through a suite of award-winning business and personal life risk solutions. As one of the longest standing independent players in the Australian life market, Zurich Australia remains committed to working in partnership with independent financial advisers.