Insurance Watch – Life Insurance Online Specialists
In 1999 Insurance Watch launched Australia’s first online comparison website for life insurance, including TPD, Trauma and Income Protection insurance.
When the new Insurance Watch website was featured on the ninemsn Money television show, thousands of viewers logged on eager to see how their insurance policies compared.
Since then many Australians have used Insurance Watch to find a great deal on their insurance online, as confirmed by our customers’ testimonials.
Today Insurance Watch continues to take the confusion out of insurance, by providing online tools, quotes and tips to help consumers make informed purchases.
Who is Insurance Watch?
Insurance Watch is a fully licensed life insurance broker. This is unlike some other comparison websites who have no in-house expertise in the products they compare and only generate leads. Some other comparison sites Choice found in a recent review are “actually owned by the insurance companies they’re supposedly comparing”.
Insurance Watch Pty Ltd (ABN 49 073 368 171) is a corporate authorised representative No. 301423 for Synchronised Business Services Pty Ltd (ABN 33 007 207 650) AFS License No. 243313 for life insurance products. Both Insurance Watch and Synchron are privately owned companies.
What services does Insurance Watch offer?
Our team of qualified advisers have drawn on their years of experience to produce the consumer friendly guides and general information featured on our website. We compare quotes and benefits of more than 100 Life, TPD, Trauma and Income Protection policies online.
If you request advice on your personal situation this can be provided. All Insurance Watch advisers are registered with the Tax Practitioners Board (TPB) as tax (financial) advisers and are Practitioner members of the Association of Financial Advisers (AFA).
If you take out a policy through Insurance Watch we will provide you with assistance should you need to make changes to your policy or lodge a claim. Our claims expertise and in depth understanding of the terms and conditions of your policy can increase the probability of your claim being successful.
Our Financial Services Guide explains who we are, what services we provide, how your personal information will be dealt with, how we are paid by the insurance companies (we do not charge you any fees for our services) and your rights of complaint.
Rather than spending money on TV advertising like our competitors, we have chosen to share some of the commission we receive with our clients. Under the Insurance Watch 20% Reward we will refund 10% of the premiums you pay in the first two years of your policy. You won’t get this deal from other insurance brokers or from the insurance companies direct.
How we help you buy life insurance without any sales pressure
Using the Insurance Watch website you won’t be hassled by telephone salesman. You can use our online resources and compare quotes without supplying any personal information.
We compare policies from Australia’s largest life insurance companies. Not only do we provide premium comparisons but also detailed comparisons of product benefits. We explain the purpose of Life and TPD insurance, Trauma insurance and Income Protection insurance – what they are intended to cover, why each is different and providing tips on the features to look for.
We also compare the life insurance companies themselves – who owns them, how big are they, what awards they have won and how many claims they pay. Insurance Watch has become an online forum for customer reviews and ratings based on their experiences with insurers.
With our online tools you can research your insurance options in an environment free of sales pressure. Our life insurance needs calculator helps you to estimate how much Life, TPD, Trauma and income protection cover you may need. Our BMI calculator will help you to see if you qualify for some of the latest discounts on offer.
The Insurance Watch Compare Insurance Quotes Online (or “DIY Insurance”) service and other content featured on the website is designed for consumers seeking general advice only. As such this content and any operator assistance provided will not take into account your objectives, financial situation or needs and there is a risk that any product you select may not be appropriate for your circumstances.
You are able to request personal advice on your situation from one of our qualified advisers through our Get Advice service. Before recommending a specific policy, cover level or strategy to you they will first need to assess your personal circumstances.
Frequently Asked Questions:
No. Currently we compare quotes from 9 insurance brands. The life insurance companies behind these brands account for over 90% of the Australian market in terms of premiums in force.
As a life insurance broker we compare a diverse range of policies from multiple insurers to help you find a good deal. We provide our expertise and support should you need to claim. Plus we give you 20%* cashback over 2 years which you won’t get direct from the insurer.