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.
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 308 578 Monday-Friday 8am-8pm AEST or email firstname.lastname@example.org.
You or your beneficiaries can claim with Guardian Life Insurance using the options above.
Before you submit a claim, you may need to have some of 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
If your insurance claim is approved, Guardian Insurance will arrange the payment to the policy owner.
Generally speaking, premiums for forms of life insurance such as term life insurance, TPD insurance or trauma insurance may not be tax deductible, according to ATO (Australian Taxation Office). Ask your tax accountant or financial adviser for more details on this.
The ATO however, states that you can claim the cost of premiums you pay that cover the loss of your income, such as income protection insurance. You can’t, however, claim a deduction for premiums that compensate you for physical injury or are taken out through your super fund. Ask your tax accountant or financial adviser for more details on this.
Guardian Life Insurance charges stepped premiums, which increase each year 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 Insurance 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 308 578 8am-8pm AEST 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 insurance solutions to suit every stage of its members’ lives.
You can tailor your life insurance policy to suit your needs with optional cover for children, serious illness and total & permanent disability.