If you decide to purchase life insurance directly or via an agent/advisor, you’ll likely be asked a series of questions about your health and lifestyle and some may ask you to have a medical and/or blood test as part of your application. This is typically referred to as the underwriting process and is used by the insurer to evaluate and analyse how risky it is to insure your life, and they will then make a decision on whether or not to insure you.
The questions you’ll be asked are typically about your smoking status, job, height and weight, travel and residency plans outside of Australia, your medical history including your family’s, and if you engage in any risky or dangerous activities like motor racing.
Like any other insurance product, if your application is accepted and you’re offered a policy, you’ll need to make ongoing premium payments to keep your policy active.
Did you know? Choosi specialises in comparing a range of life insurance policies and makes it simple to apply for life insurance. By requesting quotes, you can talk to our Choosi agents (we call them Choosers!) and they’ll assist you in comparing policies so you can choose a life insurance policy that suits you. And the best part? You pay the same price as you would when buying directly — no extra fees involved! This is the Choosi Price Guarantee.
Request a life insurance quote >