Life Insurance Specialists Site Map

Check out our Calculators

• Family Life Insurance Calculator
• Life Insurance Calculator
• Income Protection Insurance Calculator

Read our News Articles

• APRA's New Capital Framework Aims to Boost Retirement Income Products

  The Australian Prudential Regulation Authority (APRA) has recently finalised amendments to its prudential standards concerning the capital treatment of longevity products, including annuities. These reforms are designed to strengthen the market for retirement income products, offering Australians more robust financial security in their later years.

• Australian Life Insurers Pledge to Improve Mental Health Claim Processes

  In response to the growing prevalence of mental health conditions and their impact on insurance claims, Australia's life insurers have committed to developing a new industry action plan focused on mental health.

• Life Insurance Industry Sees Significant Rise in Underwriting Profits

  The Australian Prudential Regulation Authority (APRA) has released data indicating a substantial rise in underwriting gains within the life insurance sector for the December quarter of 2025. This development marks a significant turnaround for the industry, reflecting improved performance and strategic adjustments by insurers.

• Insights from APRA and ASIC's 2025 Life Insurance Data Release

  The Australian Prudential Regulation Authority (APRA) and the Australian Securities and Investments Commission (ASIC) have jointly released the Life Insurance Claims and Disputes Statistics for the year ending December 31, 2025.

• Swiss Re Suspends New Life Insurance Operations in Australia

  Swiss Re Life & Health Australia has announced a suspension of new life insurance business activities in the country, effective October 2025. This decision stems from concerns over the sustainability of Total Permanent Disability (TPD) insurance products, which have seen a significant rise in claims, particularly related to mental health.

• Zurich Australia Announces Acquisition of ClearView Wealth Limited

  Zurich Financial Services Australia has entered into an agreement to acquire ClearView Wealth Limited via a scheme of arrangement, valuing ClearView's equity at approximately AUD 415 million. This strategic move is set to bolster Zurich's presence in the Australian life insurance market.

• Australia Prohibits Use of Genetic Test Results in Life Insurance Underwriting

  In a significant development for the Australian life insurance industry, the Parliament has passed the Treasury Laws Amendment (Genetic Testing Protections in Life Insurance and Other Measures) Act 2025.

• Rising Mental Health Claims Reshape Australia's Life Insurance Landscape

  The Australian life insurance industry is witnessing a significant increase in mental health-related claims, with recent data indicating that these claims now account for nearly one-third of all total and permanent disability (TPD) claims paid.

• AIA Australia Highlights Need for Structural Reforms in Life Insurance Industry

  AIA Australia CEO Damien Mu has raised concerns about the sustainability of the current life insurance model, citing rising mental health claims, increasing premiums, and ongoing cost-of-living pressures as key factors necessitating structural changes within the industry.

• Have Your Say: Life Insurance Code Review Open for Public Feedback

  The independent review of Australia's Life Insurance Code of Practice has reached a pivotal stage, with the release of an interim report inviting public feedback. This review, initiated on 1 October 2025, aims to ensure the Code remains robust, relevant, and trusted by consumers.

• How Rising Insurance Premiums Are Impacting Australian Retirees

  Recent reports have highlighted a concerning trend: escalating insurance premiums are placing significant financial strain on Australian retirees. Some individuals have experienced premium increases of up to 400%, making it increasingly difficult for those on fixed incomes to maintain essential coverage.

• Regulatory Update: ASIC and APRA's Review of Life Insurance Premium Practices

  The Australian Securities and Investments Commission (ASIC) and the Australian Prudential Regulation Authority (APRA) have jointly released an update on their review of life insurance premium practices.

• Australians Prioritise Life Insurance but Face Knowledge Gaps

  Recent research indicates a growing emphasis on life insurance among Australians, with 60% now holding some form of coverage, up from 55% the previous year. This trend reflects an increased awareness of the importance of financial security.

Read our Articles

• Life Insurance 101: Things You Need To Know

  Life insurance is a contract between you and an insurer that promises to pay a designated beneficiary a sum of money upon your passing. It serves as a safety net, ensuring that your loved ones are financially secure even after you are no longer around to provide for them.

• Understanding Life Insurance: A Guide for Young Families

  Life insurance might not be the first thing on your to-do list as a young family, but it plays a crucial role in safeguarding your future. By understanding the importance of life insurance, you can make informed financial decisions that benefit your loved ones in the long run.

• How Life Insurance Can Secure Your Mortgage

  Picture this: You and your family have just moved into your dream home. It’s a space filled with hope and countless plans for the future.

• Life Insurance for Millennials: Preparing for the Future

  Imagine this: you’re a young professional establishing your career, managing student loans, and possibly even thinking about buying a home. Amidst all these financial responsibilities, life insurance may seem like something to worry about much later.

• The Role of Life Insurance in Retirement Planning

  Retirement planning is the process of determining retirement income goals and the actions and decisions necessary to achieve those goals. It includes identifying income sources, estimating expenses, and implementing a plan to manage the savings and investments required to fund your future.