| Response | Male | Female |
|---|---|---|
| Peace of mind | 10.39% | 9.14% |
| I have a mortgage | 6.12% | 4.04% |
| I have financial dependents | 5.94% | 3.69% |
| Other | 2.23% | 2.28% |
| I'm self-employed | 0.93% | 0.88% |
| I'm worried about being made redundant | 0.74% | 0.53% |
To give you an idea of how much life insurance costs, we requested quotes from 12 different insurers using the profile of a 40-year old, non-smoking accountant with 100K annual income, has no pre-existing medical conditions and is seeking $500,000 life insurance.
The pricing in the table is the premium amount per month.
| Brand | Female quote | Male quote | Find out more |
|---|---|---|---|
 | $20.58 | $26.80 | Get quote |
 | $26.44 | $31.54 | Get quote |
 | $37.72 | $47.60 | Get quote |
 | $25.90 | $30.92 | Get quote |
 | $25.52 | $33.22 | More info |
 | $23.44 | $28.57 | Get quote |
 | $17.49 | $21.94 | More info |
 | $19.93 | $24.73 | More info |
 | $22.57 | $29.68 | More info |
 | $23.80 | $29.87 | More info |
 | $32.00 | $39.24 | More info |
 | $41.70 | $47.45 | More info |
 | $20.58 | $26.80 | More info |
 | $36.89 | $47.71 | More info |
 | $53.01 | $66.50 | Get quote |
 | $53.01 | $66.50 | More info |
 | $53.01 | $66.50 | Get quote |
*These average quotes were taken in October 2023 and are subject to change.
Note: A company can also be a brand, e.g. TAL also sells under its own brand TAL.
Life Insurance is a little complicated and a lot overwhelming. That's why we made the Finder Score, to make it easier to compare Life Insurance products against each other. Our experts analysed over 20 products and gave each one a score between 1 and 10.
But a higher score doesn't always mean a product is better for you. Your situation is unique, so your policy choice will be too. Don't think of Finder Score as the final word, but as a good place to start your life insurance comparison.
Read full Finder Score methodology
You pay the same price as buying directly from the life insurer.
We're not owned by an insurer (unlike other comparison sites).
We've done 100+ hours of policy research to help you understand what you're comparing.
There are currently 24 listed life insurance companies in Australia, according to the latest Australian Prudential Authority (APRA) (Updated 12 January 2023).
APRA also currently lists 10 registered 'Friendly Societies' that it regulates (Updated 18 January 2024).
Read our comprehensive guide to finding the best life insurance policy for your situation.
Read on to find our how you can receive a terminal illness benefit from your life insurance policy.
Get help working out which type of life cover best fits your needs.
From the claims process to exclusions, we detail how life insurance gets paid out.
On average, those born today are likely to live past 80 years of age.
Not everyone needs to get life insurance when they buy a home – but that doesn't mean you shouldn't strongly consider it.
Here are some of the health reward programs and discount schemes available from Australian life insurance brands.
Discover the benefits and drawbacks of using a life insurance broker.
Find the latest life insurance deals and discounts from Australian brands.
Are you thinking of cancelling your life insurance policy? There are a few things that you need to be aware of before surrendering an important protection cover for you and your loved ones.
