Best life insurance in Australia

Many people ask us who the best life insurer is in Australia, or what is the best life insurance product in Australia ?  There is not generic answer to this question as the answer will differ from person to person based on their unique needs, goals and circumstances.

When we work with clients, we prefer to commence with a detailed fact finding exercise to understand their financial position, their state of health, family circumstances, financial goals and much more.  This allows us to then do detailed research to consider what type cover they need, how much cover of each type they should have, what they already have, and the options available in terms of insurers and products.  We then like to present the findings of our research and then discuss with the client before any strategy is implemented.

The outcome of this process results in different insurers and different products at the insurers being recommended based on each person’s own circumstances.  This is one of many reasons we work with multiple insurers – as one insurer may be good for some people but not for others.  Over time, a client’s needs or circumstances may change, and the competitiveness of the industry may change, and this is why regular reviews are offered to our clients, in case changes are needed.

There are several different ways to buy life insurance in Australia and many life insurers.  Experien Insurance Services offers the option of personal advice, assistance in considering a wide range of insurers, and (very importantly) assisting client’s and their families with any claims that arise.

9 November 2023

Information on our website is general in nature and does not take into account your personal circumstances. You should consider personal advice that allows for your own goals and situation and always read the Product Disclosure Statement (PDS) issued by an insurer before considering buying cover. At the time of writing, Life insurance and Financial Advice services are provided by Experien Insurance Services Pty Ltd (EIS) ABN 99 128 678 937 and Experien Financial Services Pty Ltd (EFS) ABN 32 631 346 757. EIS and EFS are a Corporate Authorised Representative (No. 320626 and No. 1274354) of Affinia Financial Advisers Limited ABN 13 085 335 397 AFSL No. 237857.