Personal Insurance can make a huge difference to your life and the lives of those closest to you. Aside from giving you peace of mind that the things you’ve worked hard for will be protected in the event of your illness or death, there are many other options and benefits that may be available to assist with adapting to the changes this will bring, such as:
Accommodation
For an immediate family member in the event you are hospitalised more than 100km from home
Financial Advice
Help to make the most of a lump sum insurance benefit
Grief Support
Counselling for bereaved family members
Rehabilitation
Helping you get back on your feet physically, emotionally, and financially through professional allied health support programs or job retraining
It’s good to know
Your OASIS Insurance Adviser can help you tailor cover to suit your needs, to protect your assets, loved ones and future. Our qualified Advisers will help you understand your options and make the right choices. Our flexible product range ensures:
You can choose a premium to suit your lifestyle, budget and needs
It’s easy to make changes if your circumstances change
You are not locked in – all policies come with a cooling off period to ensure you are happy with your decision
You are covered even if you travel or move overseas
Meet Anna and Charlie
“We are so grateful knowing we are covered should anything happen. We’ve both worked too hard and our family is still so young not to protect what we have.” Anna.
Information and support
Frequently Asked Questions
How does Life Insurance work?
Life Insurance encompasses a range of different products designed to protect you and your family from events that can occur – including death, loss of income, total and permanent disability, and major illness. Some offer lump sum payments, others provide ongoing financial support. Oasis Insurance Advisers can help you choose the right cover for your circumstances.
Why do I need Life Insurance?
Which life insurance is the best?
The top 10 Australian retail Life Insurance providers offer similar cover with varying exceptions for certain occupations or pre-existing conditions. It can be difficult to understand and compare the different policy terms and restrictions. Oasis Insurance deals with all the top Insurers and our expert Advisers can help you decide which policy is the best Life Insurance for you.
Do I need Life Insurance or Income Protection (or both)?
Life insurance is designed to insure your life and pays a lump sum of cash to your dependants if you pass away or suffer a critical illness or injury. Income protection insures your income and pays up to 75% of your salary for up to two years if you are temporarily unable to work due to illness or injury.
Do I already have insurance in my Superannuation?
Is Life Insurance tax deductible?
Income Protection Insurance premiums are generally tax deductible for most taxpayers, however personal Life, TPD or Trauma Insurance premiums are usually not tax deductible. If you are purchasing cover for business purposes, you should speak to your accountant or financial Adviser to determine your tax implications.
Can I nominate more than one beneficiary?
What if I want to change my policy or level of cover?
It’s easy to change your policy should you need to. Speak to your Oasis Adviser or email cover@oasisinsurance.com.au the details and we will be in touch to ensure your new requirements are accommodated and that you understand what those changes mean for you.
What happens if my health changes after I’m covered?
It’s important to discuss any pre-existing medical conditions with your Adviser when applying for any life insurance product. Once you are covered, you will remain insured even if your health changes.
What are the risks associated with under-insurance?
Life insurance for your mortgage – do you need it?
Why get insurance through an Adviser rather than direct?
Is purchasing insurance direct cheaper?
Helpful Links?
Further information on insurance, including tools and resources, are available through the Australian Government’s MoneySmart website here.
