Insurance is a good thing and very vital in our lives. There are many forms of insurance, namely: life insurance, auto insurance, pet insurance and several others. In todays article, we are looking at one of the best life insurance companies in the country, called Real life insurance
Real life insurance has been in the system for ages and has hold down so many Australians, so far as life insurance is concerned.
What is real life insurance?
Real Insurance offers much more than value-for-money insurance products. When we entered the Australian market in 2005, our goal was to protect the quality of people’s lives. We’ve held to that promise, with products that offer real savings and value, staff who provide real service and a corporate culture that inspires real trust. This is confirmed by the number of industry awards we’ve received.
With Real Life Insurance, you know that the financial future of your family is secure. Applying for cover is easy, with no medicals or blood tests required. You also get a 30 day cooling off period to make sure the cover suits your needs.
Plus, after the first year of your Policy, you will get back 10% of the total premiums you’ve paid in that time – that’s the Real Reward
Real Life Insurance Products
Below are the products real life insurance provides as at the time of writing this article.
Real family life cover
This product is designed to protect you, your spouse, partner or the de facto partner named on the policy.
In the event of your death or being diagnosed with a terminal illness.
Some notable features of Real Family Life Cover include:
- An early lump sum payment upon the diagnosis of a terminal illness, if life expectancy is less than 12 months;
- An advanced payment of $10,000 to help with funeral and associated costs while the full claim is being assessed;
- Guaranteed policy renewal for life;
Optional covers, including: Total and permanent disability insurance (TPD) which pays you a lump sum if you are declared to be unable to ever work again; serious illness insurance which pays a lump sum if you suffer one of the covered serious medical events; and children’s insurance which pays a lump sum between $20,000 and $50,000, depending on the level of cover you take out, if your child passes away as a result of a covered illness or injury.
Real Insurance life insurance FAQs
How much does Real Insurance life insurance cost?
Real Insurance says the cost of its life insurance depends on your age, sex, smoking status and the amount of cover you apply for. The premium can also be based on the applicant’s answers to a series of health and lifestyle questions asked during the application process.
Premiums can be paid fortnightly, monthly or yearly to suit your budget. Real Insurance says there is no extra cost for paying premiums fortnightly or monthly.
Eligibility to apply for Real Insurance life insurance
To apply for its life insurance, Real Insurance says you must be:
- A permanent Australian resident
- Between 18 and 64 years old
To apply for optional total and permanent disability cover (TPD), you must be between 18 and 59 years old. In addition to this, to be eligible for TPD, you must be working at least 20 hours per week.
Upon application, you’ll be asked some questions about your health and lifestyle to determine what level of cover Real Insurance is willing to offer you.
For further details on whether or not you are eligible for cover, please contact Real Insurance.
How to apply for a Real Insurance life insurance policy
If you fit the eligibility criteria, you can get a quote for Real Insurance life insurance by requesting this through its website. To apply for Real Family Life Cover, Real Insurance says you will need to answer a series of health questions over the phone.
Before taking out a life insurance policy, it may be beneficial to first compare various providers to help ensure you’re applying for a policy that suits your needs.