You are generally aged between 18 – 29, you are gaining your financial independence and saving for the next best thing – either a car, an overseas adventure or your first home.

Your first priority is developing your career. You have no dependants and have an active social and recreational lifestyle.

What is at risk?

Your current lifestyle as well as future earning potential could be effected. You need income to meet your ongoing obligations and debts (HECS).

What might happen?

There are a lot of risks you have probably never considered such as: car accident, sporting injury leading to paralysis, diagnosed with cancer.

What are the consequences?

If something happens, all of your wonderful future plans could be in ruin. Independence gone, relying on parents again for support, moving back home, unable to earn any income for the rest of your life.

Insurance typePriority
Life Cover★ ★ ★ ☆ ☆
Income Protection★ ★ ★ ★ ☆
Trauma/TPD★ ★ ★ ★ ☆

Insurers we work with:

  • AIA
  • AMP
  • Asteron
  • CommInsure
  • Macquarie
  • MLC
  • OnePath
  • TAL
  • Zurich

How much life insurance do you need? ?

Debt + (Income x 66% x years to 65) + $10,000 for funeral
How much debt do you have?
What is your income?
What is your age?
Life Insurance Requirements:

How much income protection do you need? ?

75% of income in monthly benefit (i.e. divided by 12)
Monthly Income Protection Eligibility:
* 25% cash back payable for the first year only, once policy has been inforce for 13 months