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One of the most common questions Australians ask when considering life insurance is: “How much life insurance do I actually need?” The answer depends on your personal circumstances, including your financial commitments, family situation and future goals. While there is no single formula that suits everyone, there are several key factors that can help guide the decision. At Covermate Life , we provide general advice  to help Australians understand their options and make more i

Doctors dedicate their careers to caring for others, but many medical professionals overlook an important part of protecting their own families — reviewing their life insurance and personal protection . With demanding careers, strong income potential, and often significant financial commitments, doctors may benefit from regularly reviewing their insurance arrangements. In this guide, we explain why life insurance is important for doctors , the types of cover commonly availabl

Most Australians know they need life insurance. But most also delay it. The problem? Waiting doesn’t just increase your risk — it can make cover more expensive, harder to get, or even unavailable when you need it most. If you have a mortgage, a partner, children, or anyone who depends on your income, now is the time to review your life insurance. At Covermate Life, we help Australians secure the right cover — without overpaying or being underinsured. The Real Risk Isn’t Dying

For most Australians, the mortgage is the biggest financial commitment they will ever take on. But here’s the uncomfortable question many homeowners avoid: What happens to your mortgage if you die? Does the bank wipe the debt? Does super automatically pay it out? Does your partner inherit the house — or the repayments? Understanding the reality can help you protect your family before it’s too late. Does Your Mortgage Get Cancelled When You Die? No. A mortgage does not  disapp

A Complete Guide to Finding the Right Life Cover (best life insurance companies) Life insurance is one of the most important financial safeguards you can take out. Whether you’re protecting your family, covering a mortgage or planning for the unexpected, choosing the best life insurance company  matters. In Australia’s competitive market, 2026 brings a range of trusted providers, each offering different strengths — from affordable premiums to strong claims performance and cus

A new year is often a time to reset — reviewing finances, setting goals, and making sure your personal protection still makes sense. One area many Australians overlook is their life insurance premiums , even though they’re a regular expense that can quietly increase over time. If it’s been more than 12 months since you last reviewed your cover, now is the ideal time to check whether you’re still paying the right amount for the right level of protection. Why Life Insurance Pre

For many Australians, a mortgage is the biggest financial commitment they’ll ever make. It’s also a commitment that doesn’t go away if something unexpected happens. That’s why having the right life insurance  in place is one of the most important steps you can take to protect your family and safeguard the home you’ve worked so hard for. At Covermate Life, we regularly speak with clients who assume that because they’re healthy, young, or financially comfortable, they don’t nee

Many Australians have some form of insurance automatically included in their superannuation fund. This is often referred to as default insurance . It’s convenient and generally cost-effective, but it’s not always clear whether the default level of cover is suitable for your situation. This article explains how default super insurance works, the typical benefits and limitations, and why reviewing it regularly can be important. This is general information only  and should not b

The new reality of life insurance pricing in Australia (2025) For decades, Australians were told a simple rule: Choose level premiums if you want to save money long-term.Choose stepped premiums if you need a cheaper option upfront. But in recent years, that rule has been turned upside down. Level premiums — once seen as the “sensible long-term investment” — are now behaving unpredictably, with many policyholders experiencing multiple large increases , sometimes 30%–60% in a s

A Life Insurance Guide by Covermate Life The Season of Reflection and Protection As the year winds down, Australians everywhere are shifting gears — wrapping up work, decorating the tree, and spending quality time with loved ones. The holiday season is more than just a time for giving; it’s a time for reflection. It’s when we think about what — and who — truly matters most. And that’s exactly why this time of year is perfect for reviewing or taking out life insurance . At Cov

As the nation takes a punt this Melbourne Cup, remember — not everything in life should be left to chance. While picking a winner might be luck, protecting your family’s future isn’t. Life insurance is the surest bet you can make to safeguard the people who matter most, no matter what life brings. So, as you enjoy the races today, take a moment to think about your own race — the one for peace of mind, stability, and security. Talk to Covermate Life  today about finding cover

Because heroes deserve protection too. Firefighting is one of the most selfless and courageous professions in Australia. Every time a firefighter heads out on duty, they face unpredictable risks — from structural fires to hazardous materials and natural disasters. But while they dedicate their lives to protecting others, it’s just as important to make sure their own families are protected  if something unexpected happens. That’s where life insurance for firefighters  becomes

Buying a home is one of the biggest financial milestones in life — but it also comes with long-term financial responsibility. For most families, mortgage repayments make up a large portion of monthly expenses. That’s why it’s crucial to have a plan in place if the unexpected happens. Life insurance and income protection can help ensure your family keeps their home and lifestyle secure, even if illness, injury, or death prevents you from earning an income. 1. The Financial Rea

When it comes to financial security, few things are as important as life insurance. Whether you’re protecting your family’s future, covering debts, or ensuring loved ones can maintain their lifestyle, having the right life cover gives you peace of mind. At Covermate Life , we help Australians compare policies, understand their options, and choose the protection that truly fits their needs. Here’s our expert guide to the best life insurance in Australia for 2025 . Why Life Ins

Why this matters if you’re choosing life cover When you take out life insurance, it’s not just about the premium or extras — it’s about whether your insurer will actually pay the claim  when it counts. At Covermate Life , we believe reliability matters most. A life insurance policy is a promise, and that promise is only as strong as the insurer’s claims history. So, how do Australia’s life insurers perform? Let’s look at the latest data and trends. Australia’s Life Insurance

Becoming a parent is one of life’s biggest milestones — and it’s also a time when many Australians start thinking seriously about financial protection. At Covermate Life , we often receive questions from expectant parents about how pregnancy affects life insurance. Here, we answer the most common questions about getting life insurance while pregnant, how it works, and what to consider before applying. 1. Can you get life insurance while pregnant? Yes, you can apply for life i

When it comes to protecting your income, you might not realise you can hold income protection insurance  either inside your superannuation  or as a standalone policy outside of super . Both options have their benefits — but the right one for you will depend on your circumstances, preferences, and how you want to manage cash flow. At Covermate Life , we explain these options in simple terms so you can make an informed decision that suits your situation. A Quick Refresher: Wha

Many Australians are surprised to learn that income protection insurance  isn’t just about financial security — it can also deliver potential tax benefits . If you hold an income protection policy outside of superannuation, your premiums are often tax-deductible , which can help reduce the cost of protecting your income. At Covermate Life , we believe understanding how these tax rules work is an important step in making informed insurance decisions. Let’s break it down simply

The right level of cover depends on your income, expenses, and financial commitments. While the exact figure will differ for everyone, here are key points to consider: 1. Your Regular Expenses Start by adding up your monthly costs — such as mortgage, rent, bills, food, and transport. Your income protection should ideally cover these essentials so you can maintain your standard of living. 2. Your Financial Dependants If you have a family or dependants who rely on your income,

When you think about insurance, you probably picture your car, home, or health — but what about your income? It’s your most valuable financial asset, and if illness or injury stops you from working, the loss of income can quickly create serious financial strain. At Covermate Life , we believe that income protection insurance  isn’t just a policy — it’s peace of mind. Here’s why it’s worth considering for anyone who relies on their income to support themselves or their family