Need Life Insurance?

Save 10% if you're aged 40-49.

Offer ends 31st May 2019.

T's and C's apply.


Why do I need Life Insurance?

Life Insurance provides for those you leave behind if the worst happens to you. It will help to pay for whatever they need, for example the mortgage, food, the bills and your children's education (if you have them). Other questions you might have been asking yourself are ...

  1. If anything happens to me or my partner, how can we make it as stress free for the family as possible? Dealing with grief will be hard enough, without having to worry about paying the bills. Having Life Insurance will mean your family won't need to worry. There will be enough money to pay for what they need. Use our calculators if you need help working out how much you need.
  2. I don't have kids do I still need Life Insurance? If you don't have children, and aren't planning on having any, you may still want Life Insurance to pay off your mortgage, or any other debt you may have, so that you don't add any additional financial stress to family you leave behind.
  3. Why do I need to answer so many questions? By answering the health and lifestyle questions we, at Pinnacle Life, get an understanding of how healthy you are and how risky your lifestyle is. We use this information to work out your individual risk of dying relative to other people just like you. In turn we use this information to determine your premium.
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How do I work out what I need? Use our calculators.

What type of cover do I need?

Everyone is different and how much your family needs depends on things like how much debt you have, how much you earn, how many children you have (or plan to have) and how much you can afford.

Looking at what other people with similar needs have considered, might help you work out what you need. This table shows you what other people in a similar situation have for quotes on.

To help us give you as relevant information as possible, please choose the annual household income range (before tax) that bests fits where you think you will be, or are today:

  • Up to $55,299
  • $55,299 - $103,400
  • more than $103,400

Type of cover Average level of cover asked about


* Data is provided by Chatswood Consulting Limited and is based on quote data for the period July 2017 to June 2019. This information is not personalised advice and is not a recommendation to purchase a certain level of life insurance.

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Our customers rate the experience of buying
a policy online at over 4 stars out of 5

  • Kylie T

    - July '19
    Great friendly staff no hassles at all
  • Winette K

    - July '19
    Easy and non frustrating application. No fuss and no long complicated questions.
  • Kerry &

    - June '19
    Was easy lovely to talk to

What else should I be thinking about?

This list isn’t exhaustive, but it is a good starting point! You’ll find below the top questions that we think you might want to ask any insurance company, and what they mean.

What am I not covered for?

It’s important to know not only what you are covered for, but also what you aren’t covered for.

At Pinnacle Life it’s slightly different for each type of policy. Click here for a summary by product.

What are my life insurance cover premiums likely to be in 5 years time?

Many insurance companies (including us) offer first year discounts. And as you get older your premiums typically do increase. So it’s important that you ask what your premiums are likely to be in the future, so that you can be sure you’re getting the best overall deal – not just a cheap price in the first year.

Pinnacle Life’s 5 year life cover premium estimate.

Why can’t my premiums stay the same?

Some companies do offer what is called “level premiums” which means that for a fixed period you pay the same amount. These typically start higher than other premiums, so ensure you understand the total cost over the fixed period.

Pinnacle Life doesn’t offer ‘level premiums’ as a standard offer, but if you have an existing ‘level premium’ policy or quote from another company, we are happy to look to see if we can match it.

  • Simple & easy

    We try and make things as quick and easy as possible, from getting a quote - to making a claim.

  • Designed with you in mind

    We were the first in the world to offer life insurance totally online, allowing you to buy when you want, without the hassle of filling out paper forms.

  • More for less

    Because we keep things simple, it costs less to run our business, so we can offer you lower premiums.

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