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Life Insurance Direct Blog

Building Trust in Your Life Insurance

The recent 498 report by ASIC looked into life insurance claims and disputes registered with an external dispute resolution entity in the Life Insurance Sector. It revealed detailed statistics around claims; claims paid in full, partially, and declined. This report provides the industry with some invaluable insights, however it is also important that consumers become…

How To's 14 November 2016
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Building Trust in Your Life Insurance

The recent 498 report by ASIC looked into life insurance claims and disputes registered with an external dispute resolution entity in the Life Insurance Sector. It revealed detailed statistics around claims; claims paid in full, partially, and declined. This report provides the industry with some invaluable insights, however it is also important that consumers become...
How To's 14 November 2016
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Is our Australian Lifestyle Cause for Concern – Australian’s Health 2016 Report

It’s another typical Australian day. You wake up at 06:00 and prepare the kid’s lunches while they attempt breakfast by having a bowl of Weet-Bix and spilling mot of it on the floor. Two hours of chaos later you’re dressed and heading out the door. You manage to drop the kids off just as the…

Health & Wellness 26 September 2016
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The 2016 Quote Index: What’s New, What’s Different, And What It Means For You

A year goes by so fast, you start conversations with “just the other day”, when in reality it happened over 12 months ago. We understand it’s difficult to keep track of all the changes taking place in just one year. That’s why we want to keep you up-to-date on the latest life policy trends, ensuring…

News 1 August 2016
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Avoid Being Overcharged on Your Life Insurance Premiums

Avoid Being Overcharged on Your Life Insurance Premiums Sydney: 18 July, 2016 – Life Insurance Direct has done extensive research of more than 3,000 quotes from 32 brands to launch the 2016 Life Insurance Direct Quote Index. The research reveals that certain big brands are consistently overcharging on life insurance premiums. The 2016 Life Insurance…

News 15 July 2016
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Avoid Being Overcharged on Your Life Insurance Premiums

Sydney: 18 July, 2016 - Life Insurance Direct has done extensive research of more than 3,000 quotes from 32 brands to launch the 2016 Life Insurance Direct Quote Index. The research reveals that certain big brands are consistently overcharging on life insurance premiums. Download Press Release PDF Download PDF “There are many misconceptions about which...
News 15 July 2016
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Does Life Insurance Provide Peace of Mind or is Ignorance Bliss?

When buying life insurance you’re often content knowing that, if you should pass away unexpectedly, your insurance company will step in and financially support your loved ones. Unfortunately, this isn’t always the case. This article explores ways you can increase your control and certainty of your policy paying out. Earlier this year , on the…

Immigrating to Australia to Join the Now 24 Million other Aussies

After years of arriving early to work and staying late, you’ve finally been promoted. Your new position allows you more freedom, creativity and the opportunity to travel. You’re immigrating to one of the best countries in the world, Australia. Because of its high quality of life, Australia has been ranked the second-best country in the…

How To's 9 May 2016
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Protect Your Income as Mortgage Repayments Increase

After months of meticulous planning and years of daydreaming you’ve finally been approved for a home loan. You move in and start decorating, filling each space with beloved knickknacks. The mortgage repayments are high, but you’ve budgeted, you feel confident. Out shopping one morning, a newspaper headline catches your eye: “Property price surge could lead…

Health & Wellness 29 February 2016
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Don’t take ‘no’ for an answer and talk to a specialist

Don’t take ‘no’ for an answer and talk to a specialist Consumers who experience difficulty getting insurance – including life, income protection, trauma or total and permanent disability (TPD) – need to be determined and keep trying. “Just because one life insurance company won’t cover you, doesn’t mean another won’t,” says lifeinsurancedirect.com.au CEO Russell Cain. Cain says…

News 8 February 2016
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Will you be accepted?: Three years of statistics

Despite their usefulness, generalisations aren’t always entirely reliable, they can often be misleading, and at other times, simply wrong. For insurance purposes, some generalisations are useful to assessing risks, costs and consequences; all other things being equal females will outlive males, tobacco use is detrimental to your health and the probability of death increases with…

News 30 November 2015
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How to manage food allergies

We live in an age of food panic. If you were to do look at your online search history, the words gluten free, diary free, soy, egg and/or nut free are most likely in your most recent searches. This is not surprising. According to the Centres of Disease Control and Prevention, food allergies among children…

Health & Wellness 5 November 2015
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Life Insurance Framework Survey 2015 Results

Life Insurance Direct have the exclusive right to publish the  ‘Life Insurance Framework Survey 2015’, as authorised by the Life Insurance For Consumer Group. All references to this survey must use the following link: https://www.lifeinsurancedirect.com.au/life-insurance-framework-survey Post the Life Insurance Framework (LIF) announcement, there was a plenty of anecdotal evidence of misrepresentation, and deep concern that…

News 29 October 2015
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Life Insurers Profits Up But You Still Pay More

SYDNEY: 07 October, 2015 – The recent reporting season has revealed that, despite crying poor, life insurers’ profits are still increasing, according to lifeinsurancedirect.com.au. LifeInsuranceDirect.com.au CEO Russell Cain said, “AMP reported one of the highest increases in profit – a 33% rise in statutory net profits, as at 20 August – and they’re not alone.”...
News 7 October 2015
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Questions premium price spike

Questions premium price spike SYDNEY: 7 September, 2015 – lifeinsurancedirect.com.au is questioning whether the current spike in premiums on life insurance offered by insurers to consumers via financial advisers amounts to price gouging. But Mr Cain said the price increases, which will make it more expensive for consumers to buy life insurance via advisers, comes…

News 7 September 2015
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Protect our firefighters

Protect our firefighters SYDNEY: 12 August, 2015 – A Bill recently introduced into the Queensland Parliament has highlighted the need for Australia to commit to better protecting firefighters, according to LifeInsuranceDirect.com.au. The Bill, which would change the Workers Compensation Act, seeks to put in place a qualifying period a professional firefighter would have to work…

News 12 August 2015
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Life insurance commissions – perception versus reality

SYDNEY: 10 July, 2015 – Life insurers are allowing a misperception that advisers are being paid upfront commissions of up to 120% to continue, according to Life Insurance Direct. “Their intent might be unclear but the effect is not,” says Life Insurance Direct CEO, Russell Cain. “This view of adviser remuneration is popularly accepted but,…

News 10 July 2015
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Life insurance commissions – perception versus reality

SYDNEY: 10 July, 2015 - Life insurers are allowing a misperception that advisers are being paid upfront commissions of up to 120% to continue, according to Life Insurance Direct. “Their intent might be unclear but the effect is not,” says Life Insurance Direct CEO, Russell Cain. “This view of adviser remuneration is popularly accepted but,...
News 10 July 2015
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Life Insurance – Are you paying too much?

Are you paying too much? With the plethora of life insurance offers now being marketed to Australians, consumers may be confused about which policies are more affordable, according to Life Insurance Direct Australia (Life Insurance Direct) CEO, Russell Cain. To help consumers make more informed choices, Life Insurance Direct conducted first of its kind research…

News 18 June 2015
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xLife Rebrands as Life Insurance Direct

xLife has rebranded We are happy to announce the exciting news that xLife has rebranded and will now be known as Life Insurance Direct Australia! Our new name comes with a brand new logo and an amazing new website, lifeinsurancedirect.com.au. After 8 fantastic years as xLife, founder and CEO Russell Cain feels the time is…

News 16 December 2014
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