News

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…

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…

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…

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…

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…

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,…

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…

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…