school or University fees, living expenses.
Cover for the next generation.
Real Stories, Real Impact
See how others are sharing their experience with Lifed.
Frequently Asked Questions
Find quick answers to the most common questions below. If you need further help, feel free to contact us.
What is life insurance?
Life Insurance provides monetary support to your family and beneficiaries in the event of your untimely death. It ensures that your loved ones are protected by offering a lump sum payout to cover expenses such as a mortgage, school fees and daily expenses. Life insurance offers peace of mind and financial stability for those left behind.
How much cover do I need?
How much life insurance you need depends on a number of factors including dependents, income, debts and your lifestyle. A common rule of thumb is to have life insurance coverage 10x your annual income though everyone’s circumstances are different and you should seek advice to understand how much cover you need.
How do I see if I have life insurance through super?
Most Super funds automatically provide life insurance (and TPD) as part of their policies as long as you meet certain criteria.
You can check to see if you have life insurance through your Super policy by:
1. Logging into your Super account and looking for insurance cover.
2. Checking your annual Super statement or reviewing the PDS as part of your Super policy.
3. Contacting your Super fund.
Under writing is the process where insurers evaluate the risk of providing life insurance for an individual and decide on the level of coverage. Factors such as an individual’s health, occupation, lifestyle and history will determine the premium and coverage amounts. Underwriting seeks to balance providing fair pricing and sufficient coverage, and the insurer’s risk.
Is it free to get a quote?
Typically it is free to get a life insurance quote and all life insurance quotes are free through Lifed.
Do not put it off, ensure your family is prepared for the unexpected
Leave a legacy today
There are two certainties in life, death and taxes.
We can help with one.
We use Australia's biggest insurers so you can get the best life insurance policy for you and your family with flexible payment options: direct or through your superannuation. No need to switch Super funds.
Feel at ease about your life insurance
View prices instantly
and feel better knowing you are covered.
At Lifed, we're dedicated to helping Australians understand their
life insurance options and take action.
Through our partnership with Life Insurance Direct, one of Australia’s leading brokers, we have access to some of the country’s largest insurers and competitive pricing.
Whether through
Superannuation or a retail policy, our goal is to ensure every Australian is sufficiently covered and getting the best deal possible.