Direct Life Insurance Companies: Real Life Insurance
By: Stephen Handley
We provide Life Insurance Comparisons of leading Australian Life Insurance Companies
Source: www.realinsurance.com.au
Real Insurance is a part of the Hollard Insurance Group of Life Insurance Companies. Real Life Insurance (Family Life Cover) pays your chosen benefit as a lump sum to you or your beneficiaries in the event of your death or terminal illness. It’s pure life insurance with no fancy frills – providing a substantial amount of cover – from $100,000 up to $1 million – at a reasonable cost
Who can apply?
- All Australian residents aged 18 to 64 can apply
- You can apply for up to $1 million cover, depending on your age (refer to Cover levels)
- No medical or blood tests
- Apply over the phone – no forms to fill out
- Cover starts from just $1.46 a week for $100,000 benefity
- Single or Joint cover options
- Guaranteed renewable for life
- Benefit paid for death by any cause from day 1, except suicide in the first 13 months
- 100% benefit paid if you are diagnosed as terminally ill
- $10,000 Advance Funeral Benefit while your claim is being assessed
- Free interim Accidental Death Cover – for up to 30 days if your application needs to be assessed
- Monthly or fortnightly payment options
- 30 day cooling off period
- A range of optional covers you can add to your life insurance (refer to Optional Covers)