Life Insurance
Your family's future isn't a bet. So why risk it?
The cover that comes with your Super is a starting point, not a plan. Default cover is set by your fund rather than by what your family would actually need, and many people don't know what they hold.
The protection gap in Australia
44%
of Australians have no life insurance and no plans to get it.
1m
Australians are estimated to be underinsured for death and TPD cover.
3.4m
Australians are estimated to be underinsured for income protection.
11%
hold a standalone life insurance policy. Most who are covered rely on their Super.
Sources: Savvy Life Insurance Survey 2023 (1,000 adults); underinsurance estimates from the Financial Services Council.
The risk is real
Lifetime risk of a cancer diagnosis.
| Cancer | Risk of diagnosis by 85 |
|---|---|
| Prostate (men) | 1 in 5 |
| Breast (women) | 1 in 7 |
| Bowel | 1 in 23 |
| Melanoma | 1 in 19 |
Source: Cancer Australia, AIHW estimates for 2025.
Your free review
Cover that fits your family.
- What you hold todayThe cover inside each Super fund and any retail policies, and what each would pay.
- What your family would needDebts, living costs, children's education and income replacement, worked out in dollars.
- How to structure itLife, TPD, trauma and income protection, inside or outside Super, balanced against the premium.