Insurance Types at a Glance
Compare coverage, costs, and key features across all 5 insurance types
| Insurance Type | What It Covers | Waiting Period | Benefit Period | Expiry Age | Tax Deductible | From (monthly) |
|---|---|---|---|---|---|---|
| Life Insurance | A lump sum payment to your loved ones when you pass away. | None (pays on death) | One-time lump sum payment | 99 | No | $20.83 |
| Total and Permanent Disability Insurance | A lump sum if you can never work again due to illness or injury. | Typically 3-6 months after disability | One-time lump sum payment | 70 | No | $32.50 |
| Trauma Insurance | A lump sum if diagnosed with a serious illness like cancer or heart attack. | Typically 14-90 days (varies by condition) | One-time lump sum payment | 75 | No | Quote |
| Income Protection Insurance | Monthly payments replacing up to 85% of income if unable to work. | 14, 30, 60, or 90 days (your choice) | 2 years, 5 years, to age 65, or to age 70 (your choice) | 70 | Yes | Quote |
| Business Expenses Insurance | Covers your business running costs if you can't work due to illness or injury. | 14, 30, or 60 days (your choice) | 12 months (standard) | 65 | Yes | Quote |
Indicative premiums sourced from LRO API, March 2026. Profile: 30yo male, non-smoker, professional occupation, NSW, stepped premiums, monthly frequency.
Explore Each Insurance Type
Click any insurance type to learn more about coverage, benefits, exclusions, and premium examples
Life Insurance
A lump sum payment to your loved ones when you pass away.
- Lump sum payment to beneficiaries upon death
- Replaces your income to support dependents
- Pays off mortgage and debts
Starting from
$20.83/month
Age 30, $500,000 cover
Total and Permanent Disability Insurance
A lump sum if you can never work again due to illness or injury.
- Lump sum payment if permanently unable to work
- Covers both "own occupation" and "any occupation" definitions
- Pays off mortgage and other debts
Starting from
$32.50/month
Age 30, $500,000 cover
Trauma Insurance
A lump sum if diagnosed with a serious illness like cancer or heart attack.
- Covers 40+ critical illnesses including cancer, heart attack, stroke
- Lump sum payment upon diagnosis (not death)
- Immediate funds for treatment and recovery
Get an indicative quote
Income Protection Insurance
Monthly payments replacing up to 85% of income if unable to work.
- Monthly payments replacing up to 85% of income
- Covers sickness and injury
- Premiums are tax deductible
Get an indicative quote
Business Expenses Insurance
Covers your business running costs if you can't work due to illness or injury.
- Covers ongoing business expenses (rent, wages, utilities)
- Separate from personal income protection
- Keeps your business operational during recovery
Get an indicative quote