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Could your family cope financially if you died?


Life is never the same after the death of someone close to you.

What is Life Insurance Cover?

Life Insurance Cover pays you a lump sum (or a fixed monthly amount) if you die or
are diagnosed with a terminal illness.

The terminal illness benefit (which is built into most Life Insurance policies) will pay
out if you are diagnosed with a terminal illness, and have less than 12 months to

Because Scott died in Bali the costs of getting him home were significant…

…What I hadn't realised at the time was just how thorough BRAVEday had been. As Dean and I started walking through the policy before we submitted the claim, it was explained to me that he had taken the extra precaution of getting all stand down periods waived under our new cover when we changed policies. This meant I was still covered under the policy which I hadn't initially thought I would be...

…A claim that in most circumstances with most insurance companies would have been difficult was processed quickly, with compassion and everything was taken care of to allow me to focus on my family.

Luella Bartlett

Why do I need a Life Insurance policy?

Life insurance cover protects those people who depend on you.  If you die, Life Insurance can provide financial security to your family, giving them time to grieve and the choice to
take time off work.  It can also be used to pay off debts like your mortgage, and to cover funeral expenses.


Do I have the right cover?

There are two different ways you can receive a Life Insurance pay out.  The first (and most common) is a one off lump sum payment.

The other way is to receive a pre-agreed monthly amount for a specified period i.e. $5,000 per month for 12 years.

Neither option is better, it all depends on your personal circumstances and what you are trying to achieve.


Can I fix my life insurance premiums?

Yes you can.

There are a couple of options available; your adviser can take you through these to find the one that's best for you.


Does it pay to have life insurance? 

Absolutely, without a doubt. Just look at our claim payout statistics:

Gender Age At Claim Occupation Policy Health Issue Claim Amount
M 44 Company Director Life Suicide $2,099,000
M 40 Company Director Terminal Illness Cancer  $1,508,578
M 62 Company Director Terminal Illness Cancer $604,107
F 50 Company Director Terminal Illness Cancer  $542,891
F 48 Homemaker Terminal Illness Cancer $500,000
M 49 Pilot Life Motorbike accident $251,083
M 35 Electrician Life Accident $250,000
35 Homemaker Life Suicide $222,246
M 42 Company Director Life Suicide $218,971
M 73 Retired Terminal Illness Kidney failure $190,000
M 66 Homemaker Life Multiple organ failure  $104,000
53 Boat skipper Terminal Illness Cancer $101,525
54 Electrician Life Accident $100,000
M 66 Electrician Terminal Illness Cancer $100,000
D 61 Teacher Life Cancer  $50,000
F 66 Retired Life Cancer $37,168
Take action

Talk about the life you want for your family, and how to make sure it happens, no matter what.

Protect your family. Get in touch.

The material contained on this website is provided for general information purposes only and does not constitute legal or other professional advice. Brave Day Limited does not accept any responsibility for any loss which may arise from reliance on information contained on this site.