Insure Me Now Life Insurance

Insure me now - Canstar outstanding value award winner

Insure Me Now is a provider of direct life insurance, SMSF life insurance and funeral and final expenses cover.

Compare Insure Me Now Life Insurance

Considering Insure Me Now Life Insurance? See our comparison table below for a snapshot of its products on our database. Please note that this table has been formulated based on a male non-smoker aged 30-39 in a professional occupation who is seeking cover. The results are sorted by Canstar Star Rating. Check upfront with your provider and read the PDS to confirm the details of a particular policy, and whether it meets your needs, before deciding to commit to it.

To compare more life insurance policies, please click here.

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How much does Insure Me Now Life Insurance cost?

Insure Me Now says the cost of its life insurance premiums depend on factors including your age and gender, your chosen benefit amount, the type of and amount of cover included, and your smoker status. Insure Me Now also takes your occupation, pastimes and health into account. At the time of writing, Insure Me Now says there are no additional policy or other fees that apply to its life insurance policies.

You can get a quote for Insure Me Now Life Insurance by comparing direct life insurance with Canstar.

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Eligibility to apply for Insure Me Now Life Insurance

According to Insure Me Now, Australian citizens and Australian permanent residents between the ages of 18 – 64 years may apply for an Insure Me Now Life Insurance policy.  Optional Total and Permanent Disability (TPD) and Trauma cover can be applied for persons up to age 59 and, if accepted, cover can continue to age 65.

Upon application, you may also be asked some questions about your health, lifestyle and family medical history to determine what level of cover Insure Me Now is willing to offer to you and how much it could cost you.

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How to apply for an Insure Me Now Life Insurance policy

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.

If you fit the eligibility criteria, you can apply for Insure Me Now Life Insurance by clicking on an Insure Me Now life insurance product in Canstar’s comparison tables, after you have entered your occupation, age, gender and whether or not you are a smoker.

You can also apply direct through Insure Me Now.

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Insure Me Now Life Insurance FAQS

At the time of writing, Insure Me Now does not have an online portal for its life insurance product.

You or your beneficiaries should firstly call Insure Me Now to advise them of the impending claim. Insure Me Now can run you through the claims process and organise to send a claims pack to you. Alternatively, you can download a claims form on the Insure Me Now website.

You must then complete the claims form and send a copy of the completed form and any documentation to Insure Me Now by email and send the original to Insure Me Now by mail.

Before you submit a claim, you may need to have certain details on hand, such as:

  • Your policy information
  • Information about the incident, if applicable (date, time, place)
  • Original birth certificate and death certificate if the claim relates to somebody’s death
  • Medical reports, test/examination/laboratory results, if applicable

If your insurance claim is approved, Insure Me Now will arrange the payment of your benefit to your nominated beneficiary.

Generally speaking, premiums for forms of life insurance such as term life insurance, total and permanent disability (TPD) insurance or trauma insurance may not be tax deductible, according to the Australian Taxation Office (ATO). Ask your tax accountant or financial adviser for more details on this.

Insure Me Now charges stepped premiums, which increase as you age. Inflation-based increases may also apply.

When you apply for Insure Me Now Life Insurance, your insurance premium is calculated based on factors such as your chosen benefits and level of cover, your age, your gender, your smoker status, your occupation and pastimes, and your health.

The cost of your premium is recalculated each year on your policy’s anniversary, so your premium may increase for your particular age bracket or your occupation category.

At the time of writing, no medical or blood tests are required to apply for Insure Me Now Life Insurance. However, in the event of a claim, Insure Me Now may require medical evidence including any tests or medical results.

Once you’ve applied for cover, Insure Me Now will contact you if a medical examination is required throughout the claims process.

After buying an Insure Me Now Life Insurance policy, you can apply to increase the amount of your cover. You may apply to add benefits for TPD and trauma cover if you are between 18 and 59 years. Your application to increase your cover will be subject to the same eligibility criteria that Insure Me Now uses to assess your eligibility for its product initially.

You may 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 Insure Me Now to discuss your options.

Keep in mind that increasing your level of cover is likely to result in you having to pay a higher insurance premium.

This may depend on the condition and policy you decide to take out. When applying for Insure Me Now Life Insurance, you must disclose (tell Insure Me Now about) any pre-existing medical conditions you have now or had in the past, as well as current medications and health issues.

Insure Me Now was founded in 2012 and is a 100% Australian-owned and operated company.

Insurance products offered by Insure Me Now are underwritten by Hannover Re Group, one of the largest life reinsurers in the world. Hannover’s life insurance business has been operating in Australia since 1958.

Insure Me Now Superior Life

Canstar Research
Rating:
Award: 2018 Outstanding Value Direct Life Insurance

Written by: Tamika Seeto | Last updated: January 24, 2019