Compare life insurance quotes - and get 12.5% of your premium back every year.
Real-time quotes for Life, TPD, Income Protection and Trauma cover - from the same insurers used by financial advisers. Keep returns a large portion of the adviser commission to you as cashback, so you get the same quality policy for less.
- ✔ 12.5% of your premium back every year
- ✔ No email, no call - see quotes instantly
- ✔ Top Australian insurers
- ✔ Apply online or with our help
Why Keep
- ✔12.5% of every premium back - guaranteed on new policies
- ✔Same retail policies as financial advisers - not simplified cover
- ✔Quote in 5 minutes, apply entirely online
- ✔No adviser required - support available if you want it
Why do I have to fill out a form?
Generic price tables can't tell you what you'll actually pay. Life insurance premiums in Australia depend on age, sex, smoking status, occupation, cover amount, policy type and chosen premium structure. A $500k Life policy for one 40-year-old can cost $30 a month; for another it's $80. Showing averages, while useful to get a ballpark, won't actually tell you what YOU would pay.
For broader context on cover types, claims and policy features, see our complete guide to life insurance in Australia.
Our form takes around 5 minutes. We don't ask for your email or phone number to show you the quotes. You can leave the page without saving and we'll never contact you. And you're not locked in - you can save your quote, come back, or apply when you're ready.
No email required
See real quotes without handing over contact details. Give us your email only if you want to save or apply.
No phone call
We don't route you to a call centre. If you want to talk to someone you can book a time, or you can transact completely online.
Fully online
Compare, research, choose and apply without ever speaking to an adviser - unless you want to.
What you'll see when you run the comparison
All available quotes come back when you finish the form. For each insurer who would offer you cover, we show you the same four pieces of information - so you can compare like with like.
1
The premium
Monthly and annual cost at a glance. Select an insurer to see the breakdown by cover type.
2
The insurer
Choose between some of Australia's largest and most established life insurers.
3
Product rating
Independent ratings from research house Omnium, used across the Australian life insurance industry to score policy quality. Hit Compare to see ratings broken down by cover type.
4
Top features
The five features Omnium considers strongest for each product - so you can see what actually sets one policy apart from another without wading through the full PDS.
You can compare Life, TPD, Income Protection and Trauma cover in the same flow, or quote on just one. Add, remove or change cover options on the quote form to instantly see how your choices affect your premiums.
How to read your comparison
Cheapest isn't always best. Here's what to focus on when your results load.
Premium structure, not just the headline number
A stepped premium starts lower but rises every year with age. A level premium starts higher but stays stable in real terms until age 65. Over a 20-year hold, level premiums almost always cost less in total. See our life insurance costs guide for the comparison chart.
What the star ratings actually mean
Omnium rates every retail life insurance product in Australia against dozens of policy-feature criteria. A higher-rated product isn't a better deal at the checkout - it's a more comprehensive policy at claim time. A 3-star policy at half the premium may still be the right fit for your needs.
Bundling across cover types
Most insurers discount the TPD premium when it's linked to a Life policy, and some discount further again when Trauma is added. Compare the bundled price against the cost of holding the same covers separately.
Retail cover vs direct-sold cover
Keep compares retail life insurance - the policies sold by financial advisers, which you can also apply for online through us. Retail cover is different from direct cover (sold by TV, mail and call-centre brands) and from default cover inside your super. Here's how the three compare.
| Retail (via Keep) | Direct | Default super cover | |
|---|---|---|---|
| Underwriting | Full at application - no surprises later | Limited - exclusions often revealed at claim | None - but cover is generic |
| Cover amount | Tailored to your needs, up to $5m+ Life | Capped, often $1m or less | Fixed default amount, rarely enough |
| Claims acceptance (2024) | 97% Life, 95% IP* | 92% Life, 87% IP* | Varies by fund |
| Premium structure choice | Stepped, level, or hybrid | Usually stepped only | Group rates, reset at intervals |
| Cost | Lower on average - no call-centre overhead | Higher on average (heavy marketing) | Cheap but limited |
* Claims acceptance rates from APRA/ASIC Life Insurance Claims and Disputes Statistics, year ending 31 December 2024. "Retail" = policies sold through advisers/brokers; "Direct" = policies sold direct-to-consumer.
Retail cover is the channel recommended by the majority of Australian financial advisers for anyone who needs meaningful cover. It's also the only channel where you get to compare policies from multiple insurers before applying - direct brands only sell their own product.
Same cover. 12.5% back. Every year.
Every retail life insurance policy includes an adviser commission built into the premium. With Keep, that commission comes back to you - not to an adviser. Your policy, insurer, and cover are exactly the same, but you get a better deal.
Same retail policies
The policies you see through Keep are identical to those sold by financial advisers - from the same insurers, with the same terms, the same premium and cover.
12.5% cashback guaranteed
We collect the adviser commission and return a large chunk of it you. On a new policy that's 12.5% of your premium back every year.
No hidden fees
Keep earns by retaining a portion of the commission. There are no setup fees, no advice fees, and no exit fees - ever.
Ready to see your quote?
Takes 5 minutes. No email required. No commitment.
See your cashback estimate
Enter your expected premium to see how much cashback you'd receive. The calculator defaults to a 25% commission rate - adjust it if you know your actual rate.
- ✔ Estimated annual cashback based on your premium
- ✔ Adjust for your actual commission rate
- ✔ Works for any premium frequency
- ✔ Your first year's cashback is paid after 12 months. This is because insurers require commission to be returned if a policy lapses in the first year. From Year 2 cashback is paid quarterly with no delay.
"It wasn't until I signed up with Keep and transferred my policies - with no changes to cover and no underwriting - that I found out I could save 20% on my premium. It's allowed me to keep my life cover for longer than I would have otherwise, and I feel great about that security for my family."
Greg, Sydney
Recognition
Tweed Business Awards - shortlisted
Women in Finance Awards - shortlisted
Recognised for innovation and commitment to customer value in Australian life insurance.
Common questions
How does the 12.5% cashback work? +
When you take out a new policy through Keep, your insurer pays us an adviser commission - typically this equates to 25% of your annual premium. We return a large chunk of this by paying you 12.5% of your premium back every year. It's paid quarterly directly to your bank account.
Are these the same policies sold by advisers? +
Yes. These are full retail life insurance policies from major Australian insurers - not simplified or direct-only products. The policy you get through Keep is identical to what you'd receive through a financial adviser, with the same cover, same insurer, the same premiums, and same terms.
Does using Keep cost more than going direct? +
No. Your premium is set by the insurer and is the same regardless of which adviser you use. With Keep, you get the same retail policy at the same premium - and for Keep customers, 12.5% of that premium comes back to you every year as cashback.
Do I need a financial adviser to get a quote? +
No. Keep is designed to enable people to compare and apply for cover entirely online without engaging a financial adviser. We do provide general advice and the tools you need to decide what cover works best for you, and we are only a phone call away if you have questions. If you do want personal advice, we can connect you with a licensed adviser.
Can I compare Life, TPD and Income Protection together? +
Yes. Our comparison tool lets you view pricing and features for Life, TPD, Income Protection and Trauma cover side by side. You can get a quote for one type or all four at once.
How long does a quote take? +
Getting a quote takes about five minutes. No email address required, no phone calls, no commitment. You can compare policies instantly and apply online when you're ready.
Not sure what you should pay? See average life insurance costs by age , learn about cover types , or explore our TPD and trauma insurance guides.
Compare quotes and start getting your cashback
Five minutes. No phone calls. 12.5% of your premium back every year.