LIFE INSURANCE
Life Insurance to Help Protect Your Family’s Future
Get guidance on life insurance options that can provide financial support for your loved ones during unexpected life events. Start your insurance plan today on 03 9191 8808.
What is life insurance?
Life insurance is a simple but powerful way to look after the people you care about most. It’s a policy held with an insurer that pays a lump sum to your chosen beneficiaries if you pass away. This payment, often called a death benefit, can help ease the financial burden at an already difficult time. It may be used to cover everyday living costs, repay debts, support children’s education, or provide longer-term financial security. While life insurance can’t replace a loved one, it can offer reassurance and stability for your family when they need it most.
The benefit can be used to address multiple expenses, including:
- Funeral and burial costs
- Mortgage costs
- Personal loans
- Credit card debt
While there are many variations of life insurance policies that offer a lump sum payment to policyholders, there are key differences in how they are paid. Some options are funded through your superannuation balance, which offers convenience and stability. Options outside superannuation (retail/stand-alone policies) are funded by post-tax income and offer higher, more tailored coverage.
Policies held within superannuation include:
- Life Cover
- Total and Permanent Disability Insurance/TPD (Any Occupation)
- Income Protection Insurance
Policies held outside superannuation (paid from post-tax income) include:
- Trauma Insurance
- Income Protection Insurance (this option ensures tax deductibility of the premium and can offer better coverage)
- Life and TPD Insurance (Own Occupation)
- Key Person Insurance
With many caveats and intricacies, it can often feel confusing to know where to start. Thankfully, our friendly advisers can sit down with you and spell out your options and their advantages to determine what is best suited to your financial goals.
Who we help
How our process works
1. Discovery
We take the time to understand your personal circumstances and priorities, as well as identify potential factors that can influence life insurance premiums.
2. Strategy & implementation
We provide clear, tailored advice on life insurance policies that help protect you and your dependents, while also spearheading the entire application process.
3. Ongoing review & support
As time goes on, we review your cover to make sure it still suits your specific needs and that you’re not paying for a policy that is no longer relevant.
Life Insurance
What makes our tailored approach different?
At Panorama, we pride ourselves on delivering a hands-on service that places your peace of mind and comfort first. We take the time to understand your personal situation and work to reach an outcome that works for you, your business and your dependents.
Our specialists utilise over 40 years of industry experience to navigate complex policies as well as work with the life insurer directly throughout the entire process. You can count on us to ensure you receive the appropriate cover amount and avoid paying for unrelated inclusions. Instead of a set-and-forget mentality, we provide a continuous review of your policy to ensure you’re covered for what matters most.
However, our work really begins when it’s time to claim. During a time of need, a life insurance payment can be essential in easing the burden placed on loved ones. Our team of advisers go the extra mile to liaise with policyholders, doctors, insurers and lawyers to secure the entitled funds for beneficiaries, with no job too big or small.
Meet the team
With over 40 years of combined experience, our industry-recognised professionals are here to ensure financial security and peace of mind for families, individuals and businesses.
Mark Crowe
Director
Bachelor of Business in Financial Risk Management / Diploma of Business in Banking & Finance
Thuy Nguyen
Adviser
Bachelor of Business in Financial Risk Management / Diploma of Business in Banking & Finance
Liana Bui
Service Manager
Bachelor of Business in Financial Risk Management / Diploma of Business in Banking & Finance
Testimonials
Life is too short to be caught up in the paperwork. Let us help!
We’ll bring the conversation to you if you if you would prefer to meet you online. Let’s start the conversation to get to know you, where are you at now and can we help you with your insurance and superannuation solutions.
Have more questions?
We’re here to help you protect what matters most.
Whether you’re planning for your family, your future, or your business, our team listens, simplifies, and guides you every step of the way.
Reach out and let’s build your peace of mind together.
Case studies
Our case studies show how practical, tailored advice helps navigate complex financial and insurance decisions in real-world situations.
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Our Insurance Partners
We do all the hard work, running around talking with these insurance partners to come up with the best deal for you.
We are big believers in giving back
We love team sport. It teaches you so much about life and in many ways prepares you for business. Learning about goal setting, working as a team, working with other people, how to handle success and how to handle failure. Some of the charities community groups we give back to:
Frequently asked questions
Explore the answers to some common questions about life insurance
In Australia, the main types of life insurance include Life cover, which pays a benefit upon death, Total and Permanent Disability cover, Income Protection, and Trauma insurance. Each policy addresses different risks, such as illness, injury, or loss of income. These covers can be combined to create broader financial protection tailored to individual needs and circumstances.
Life insurance held inside superannuation can be convenient and cost effective because premiums are generally paid from your super balance. This may reduce pressure on household cash flow. However, it can limit flexibility and may reduce retirement savings over time. Suitability depends on your goals, structure, and circumstances, so personalised advice is important before deciding.
The amount of life insurance you need depends on your income, outstanding debts, living expenses, dependents, and long-term financial goals. Adequate cover should allow your loved ones to repay debts, maintain their lifestyle, and meet future commitments if you pass away. A personalised assessment helps determine an appropriate level of protection based on your circumstances.
There is no single best life insurance policy or insurer that suits everyone. The right choice depends on your financial position, family situation, budget, and coverage priorities. Policies differ in definitions, features, and benefits. Our advisers compare multiple insurers to recommend a solution aligned with your needs, ensuring appropriate protection and long-term value.
Life insurance is not only for people with families. Singles, business owners, and individuals with debts or financial obligations can also benefit from appropriate cover. It can help repay liabilities, fund medical or funeral expenses, or provide financial support to others. Life insurance offers flexible protection suited to a wide range of personal circumstances.
Life insurance should be reviewed whenever your circumstances change. Events such as marriage, children, purchasing property, or changing employment can affect your coverage needs. Most policies can be adjusted to reflect new priorities and responsibilities. Regular reviews help ensure your cover remains suitable, affordable, and aligned with your evolving financial goals.
Book a time
Life insurance can be tricky to arrange. Thankfully, you’re not alone.
Get in touch with one of our specialists to arrange a consultation now.