The annual awards from Canstar have identified the best performers in the Australian life insurance industry. The Canstar five star ratings give a weighting to both premium (value for money) and product (features and benefits) to come up with the winners in the “Outstanding Value” categories.

TAL and Zurich were the overall winners, achieving a five star rating for their overall offerings.

The winners in each product category were:

Term Life Insurance:

  • AIA Australia
  • Asteron Life
  • TAL

TPD Insurance:

  • ClearView
  • Zurich

Income Protection Insurance:

  • Macquarie
  • TAL

Trauma Insurance:

  • AIA Australia
  • OnePath

Packaged Insurance:

  • ClearView
  • Zurich

If you are looking to compare these and other insurers you can read Insurer Reviews and Compare Quotes on the Insurance Watch website.