Life insurance brokerage in Australia

Life insurance brokerage in Australia involves helping individuals and businesses find suitable life insurance policies by comparing options from multiple insurers. Brokers assess clients’ financial situations, needs, and risks to recommend tailored coverage, including term life, income protection, and trauma insurance. Australian life insurance brokers must be licensed by ASIC and follow strict regulations under the Corporations Act. They provide expert guidance, ensuring compliance with industry standards while helping clients secure financial protection. Using a broker can simplify the process, ensuring individuals receive the best coverage at competitive rates.