Comparing Insurances

Does anyone know of a firm who can provide comprehensive comparisions between personal insurance policies (Death, TPD, Trauma, Income Protection)?

Yes i could see a broker for these things but just not sure how detailed their info will be.

Is there a website to compare a range of insurance options - i am concerned mainly with inclusions, exclusions and definitions of conditions.

OSS

Skatey

If your insurance broker is doing their job properly they should be examining and commenting on all those things in the Statement of Advice you receive.

PM me if you would like the name of a very canny insurance broker I use.

Cheers
N.

I have recently looked for the insurance myself and have found that insurance agents/brokers use software called Pro-Planner (http://www.plantech.com.au/html/prod...roductinfo.htm) which provides There are Core and Ancillary Scores for insurance products from many vendors according to the policy denitions, inclusions, exclusions, etc. I have asked by financial (risk) adviser to produce for me a report and compared 2-3 PDS's for the products with highest Core Score. The policy monthly (stepped) premium is also included in the report.

I do not know of any other way to obtain such a report except from financial adviser or by buying the software yourself

There are some on-line insurance brokers who would give you a quote and suggest 2-3 products. However, I have found out that they might give you the most cheap options which are not necessarily the best for you. There are a lot of nuances with insurance that you need to take into account, e.g. "any occupation" vs. "own occupation", bying insurance in your Super, etc.

Good luck.
Regards.

This site allows you to compare those types of insurances.

http://www.insurancewatch.com.au/

I have tried Insurance Watch. They give you an idea of what premium(s) might be for the given input (age, insurance sums, smoker or not, etc.). You can order the report and receive COMPUTER GENERATED PDF file with the actual names of the companies and products. However, you won't see their Scores. The products list is sorted by premium price from low to high.

I personally have not received much value from the report.

Regards.

Yeah, I had a bit of a squizz at it today, didn't see much value in it either.

Mark