In the unfortunate event that the insured passes away or experiences a terminal illness, the beneficiary will receive the entire sum assured, offering crucial financial protection for those who are cared for.
Wherever you are in the world, at any moment, you benefit from continuous 24/7 global protection, bringing peace of mind to your family and yourself.
Supplementary child insurance can be included to prevent accidents during a child's growth. The compensation is then utilized to offset financial losses incurred by parents delaying work due to caring for their children.
During the underwriting period, before the policy is officially approved, you get a free accident insurance.
Individuals with real estate, loans, seniors, and dependents may have the following wealth protection needs in the event of death and terminal illness:
Property Protection: Desire to safeguard property, repay loans, and mitigate the risk of leverage issues.
Beneficiary Guarantee: Want to leave a guaranteed benefit for children, partners, and parents.
Business Continuity: Seek continuous funding for effective business management and protection for the business.
Family Reassurance: Desire to provide reassurance to the family and settle other debts through insurance claims.
What is the mortgage repayment amount? Are there other outstanding debts? How much income needs protection? What are the education costs for children? What is the necessary living expenses?
What is your yearly disposable income? Determine a premium that won't impact your quality of life. A general suggestion is to allocate around 5-10% of your income for insurance configuration based on your individual circumstances.
Tailor the coverage amount to fit within your affordable premium range. The concept is to invest in long-term comprehensive protection without compromising your quality of life. Strive for a balance between coverage and premiums, putting you in control of your wealth.
The Speed Lending Insurance specialist team is highly trained and experienced in risk management. We have successfully assisted many individuals in making claims during crisis situations. Our approach is straightforward, helping you compare top Australian insurance brands efficiently. This empowers you to customize a preferred insurance solution that meets your protection needs—affordable and tailored to your preferences. This streamlined service saves you time and money, providing an intimate one-stop insurance and wealth management experience.
Our comparison service finds the balance, saving you time and effort.
Top insurers, chosen insurance brands, and a dedicated specialist team for your support.
No hidden fees, lower premiums, more discounts, total peace of mind.
Continuous insurance management and claims assistance, worldwide 24/7 protection.
Share insights on wealth management, offer financial education, and provide risk management techniques.
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| Insurance comparison | Life | TPD | Trauma | Income Protection | Active |
|---|---|---|---|---|---|
| Receive Monthly Benefit for being unable to work due to sickness or injuries. | |||||
| Receive a lump sum benefits when you are permanently disabled and unable to work to in your occupation or any occupation. | |||||
| Receive a lump sum benefit when you suffer from one of the listed major health event. (eg. cancer, heart attack or stroke, etc.) | |||||
| Receive Monthly Benefit for being unable to work due to sickness or injuries. | |||||
| Child Cover Option Receive Benefit when a child suffers a serious illness, disability, death or terminal illness. | |||||
| Premium Paid via Super (100% or Partially) | |||||
| Free Health Reward Program | |||||
| Multiple claims | |||||
| Additional Claims Safety Net | |||||
| Protected Cover for Future Claims | |||||
| Premium | From AU$30.00/month | From AU$30.00/month | From AU$30.00/month | From AU$50.00/month | From AU$50.00/month |
If your response is affirmative to the following queries, then it’s essential for you:
Typically, Australian life insurance is not fixed for a specific duration, and there’s no compulsory cost. You can customize your premium based on your situation, goals, and needs. Premiums are influenced by factors like the coverage amount, age, gender, premium structure, smoking habits, existing health risks, etc. General insurance often has a “validity period,” such as “valid until the age of 99.” During this period, policyholders can adjust or terminate the policy as needed for themselves and their beneficiaries.
Pensions can pay 100% of life insurance premiums.
No.
The underwriting officer of the insurance company will thoroughly assess the applicant’s health to determine the need for a medical examination.
For instance, when applying for critical illness insurance, if the applicant has any pre-existing health conditions like hyperlipidemia, high blood pressure, fibroids, or nodules, or if the applied critical illness insurance amount meets the underwriting medical examination criteria, the insurance company will proactively reach out to arrange a medical examination for yo
Who do I contact in the event of a claim? For insurance claim events, please promptly contact the Speed Lending Insurance team at admin@speedlending.com.au; we will notify the insurance company based on your claim event and assist in preparing the necessary supporting documents.
Are there any additional charges for claims service? No, the claims service offered by Speed Lending to Insurance members is provided at no extra cost.
Can I contact the insurance company directly? Yes, you can. As your insurance policy is a legal contract between you and the insurance company, you have the option to directly contact the insurance company to initiate a claim.
