Insurance
Insurance is how you swap a small, regular cost for protection against a big financial hit, like a house fire, a serious illness or a car crash. These guides explain the main types of cover in Australia, how much you might need, what's already in your super, and how to make a claim or complain if things go wrong.
Start here
Read in this order, or jump to what you need
Insurance basics: what cover do you need?
A plain-English overview of the main types of insurance, how to decide what you need, and what to do if a claim goes wrong.
2Life, TPD and trauma cover
How life, total and permanent disability (TPD) and trauma insurance work, and a simple way to estimate how much cover your family might need.
3Income protection insurance
How income protection pays you a regular income if illness or injury stops you working, plus waiting periods, benefit periods and tax.
4Insurance inside your super
What insurance your super fund may give you, who misses out on automatic cover, and how to check, keep, change or cancel it.
5Home, contents and car insurance
How to avoid being underinsured, choose an excess, check flood and storm cover, and pick the right level of car insurance.
6Health insurance basics: hospital, extras and tax
Hospital vs extras cover, the Gold to Basic tiers, waiting periods, the Medicare Levy Surcharge and Lifetime Health Cover loading explained.
Tools
Calculators for insurance
Fin Road Masterclass
Prefer to watch? Insurance on video
Short animated lessons that walk you through it step by step. Watch at your own pace, on any device.