Guardian Life Insurance
Compare Guardian Life Insurance policies
Considering Guardian Life Insurance? See our comparison table below for a snapshot of its current market offerings. Please note that this table has been formulated based on a non-smoker male in a professional occupation who is seeking cover. The results are sorted by estimated monthly premium (lowest to highest).
To compare other life insurance policies, please click here.
How much does Guardian Life Insurance cost?
The cost of your life insurance will vary depending on several different factors such as your age, occupation and choice of insurer. You can get a quote for Guardian Life Insurance by comparing direct life insurance on our website. Compare the quoted premiums to the average premiums for direct life insurance on our database.
Eligibility to apply for Guardian Life Insurance
All permanent Australian residents may apply for a Guardian Life Insurance policy, although your age will be a major factor of your eligibility. Upon application, you’ll also be asked some simple questions about your health, lifestyle and family medical history to determine what level of cover Guardian Insurance is willing to offer to you.
How to apply for a Guardian Life Insurance policy
If you fit the eligibility criteria, you can apply for Guardian Life Insurance by clicking on a Guardian Life Insurance product in the Canstar direct life insurance comparison tables for your occupation and age, and confirm your choice of policy. You can apply for a quote by clicking on the link in our comparison tables.
If you need help obtaining a quote, call Guardian Insurance on 1300 709 560, or get a quote on the Guardian Insurance website.
Guardian Insurance FAQs
At the time of writing, Guardian does not have an online portal. In order to make a claim, you can either call 1300 709 560, email email@example.com or mail the claim to:
PO BOX 6728
Baulkham Hills NSW 2153
You or your beneficiaries can claim with Guardian Life Insurance by any of the three options above.
Before you submit a claim, you may need to have some these details on hand:
- Your policy information
- Information about the incident (date, time, place)
- Original birth and death certificate if the incident was fatal
- Medical reports, test/examination/laboratory results
- What damage occurred during the incident
- What other people, vehicles or property were involved in the incident
If your insurance claim is approved, Guardian Insurance will arrange the payment of your benefit. If your claim for an income protection benefit is approved, this will involve ongoing payments while you are eligible to continue receiving a benefit, rather than one lump sum payment.
It depends on whether you buy a policy through Guardian or your financial adviser, or if you only have life insurance included through your super fund.
The situation may be different for income protection insurance. The insurance premiums for income protection will be generally tax deductible if you buy it directly from an insurance company or through your financial adviser, but not tax deductible if you buy income protection through your super fund. Ask your tax accountant or financial adviser for details.
Generally speaking, premiums for other forms of life insurance such as term life insurance, TPD insurance or trauma insurance may not be tax deductible. Ask your tax accountant or financial adviser for details.
Guardian Life Insurance charges stepped premiums, which increase as you age.
When you apply for Guardian Life Insurance, your insurance premium is calculated based on your chosen benefits and level of cover, your age, your occupation, your gender, whether you smoke, your health, family history and whether you engage in hazardous activities.
The cost of your policy is recalculated each year on your policy’s anniversary, so your premium may increase for your particular age bracket or your occupation category.
Premium rates are not guaranteed. For more information about stepped premiums versus level premiums, read this article.
At the time of writing, medical tests are not required to apply for Guardian Life Insurance; however, in the event of a claim, Guardian may require additional evidence or do a full review of your medical records.
Once you’ve applied for cover, Guardian Insurance will contact you if a medical examination is required throughout the claims process.
After buying a Guardian Life Insurance policy, you can apply to increase the amount of your cover at any time. Your application to increase your cover will be subject to the same eligibility criteria.
You should be able to change your level of cover by adding or removing features or coverage, and by increasing or decreasing your sum insured for each type of cover included in your life insurance policy. If you wish to change your policy inclusions, contact Guardian Insurance on 1300 709 560 to discuss your options.
Keep in mind that increasing your level of cover or adding your spouse or children to your policy is likely to mean you pay a higher insurance premium.
It depends on the condition and policy you decide to take out. When applying for Guardian Life Insurance, you must disclose (tell Guardian Insurance about) any pre-existing medical conditions you have now or had in the past, as well as current medications and health issues. Find out more about pre-existing conditions for life insurance here.
Guardian Insurance is a trading name of Greenstone Financial Services (GFS). GFS has partnered with Hannover Life Re of Australasia Ltd, which is the insurer of the Guardian range of products.
Guardian Insurance aims to offer a range of straightforward and hassle-free insurance solutions to suit every stage of its member’s lives.
It also aims to empower Australian families to take control of their insurance needs through providing a wide range of personal insurance products. The good thing about its policies is that members can tailor their life insurance package to suit their needs. Some of the optional covers include cover for children, serious illness, total and permanent disability, and accident.