Life Insurance & Personal Cover Options
Understanding the main types of personal insurance cover - Life Insurance, TPD, Trauma / Critical Illness and Income Protection - and how Your Choice Life compares 10+ insurers to find the right mix for you. Free, no-obligation, AFSL 277681.
Life Insurance
Provides a lump sum payment to your beneficiaries if you pass away, helping protect your family's financial future.
Total and Permanent Disability (TPD)
Pays a lump sum if you become permanently disabled and are unlikely to work again in your usual occupation.
Trauma / Critical Illness Insurance
Provides a lump sum if you are diagnosed with a specified serious illness such as cancer, heart attack or stroke.
Income Protection Insurance
Replaces a portion of your income (up to 70%) if you are unable to work due to illness or injury.
Which cover types do I need?
Most people combine a few of these to protect their family, income and debts. The right mix depends on your age, dependants, mortgage and income. A licensed adviser can compare 10+ insurers to build cover that fits.
Frequently asked questions
Can I combine different types of cover?
Yes. Life, TPD, Trauma and Income Protection can be taken on their own or combined into one package, often structured to manage cost and tax-effectiveness.
How much does this cover cost?
It depends on your age, the cover amount, your health, smoking status and occupation. We compare 10+ insurers to find the best value for your situation.
Your Choice Life Insurance - AFSL 277681 - AR 001318312. General advice only; consider the relevant PDS and TMD before deciding.