How do we make money?
We don’t charge customers anything to use our comparison service. Instead, we receive a commission from the insurance brokers we partner with each time one of our customers takes out a new income protection insurance policy (“IP Insurance Product”) through our website. The commission we receive differs between brokers. More details about our fees can be found in our Financial Services Guide (Life Insurance Products).
We pride ourselves on the integrity of our comparison service, so it’s critically important to us that the way we make money doesn’t affect the comparison or presentation of products from our partner insurers.
How does our comparison service work?
Choosing the right income protection insurance policy is important, but it’s often difficult and time consuming. Our comparison service aims to make the process easier and faster, giving our customers peace of mind that they’ve made a more informed decision by helping them compare for a better deal, and highlighting certain product features that may help them choose a suitable policy.
On our website, our customers can enter details about themselves, tell us what type of IP Insurance Product they want and then browse through the matching policies that are available to them.
Once a customer has chosen an IP Insurance Product to purchase, they can elect to contact, or be contacted by our trusted income protection insurance partner to complete the application: Lifebroker Pty Ltd (“Lifebroker”) AFSL 400209. We are an authorised representative of Lifebroker.
The comparison service and any other information provided on our website is factual information or general advice. That means that we don’t make personal recommendations or suggestions, or give advice, about the suitability of a particular insurance product for a customer’s specific needs. Rather, we encourage our customers to evaluate their needs, objectives and situation to decide which products are suitable for them, using our comparison service as a helpful tool. More information can be found in our Financial Services Guide (Life Insurance Products).
What brands and products do we compare?
We currently compare products from these income protection insurance brands: