The astonishing winner of six Mozo Expert Choice Awards^, BudgetDirect makes an impressive debut this year by offering one of the most competitively priced policies across the broadest range of customers. BudgetDirect’s life, income protection, TPD, and trauma insurance covers are designed with security in mind. For customers looking for multiple insurance policies from the same provider, BudgetDirect could be a compelling (and award-winning) option.
Applicants between the ages of 16-69 can apply for up to $15 million in cover for their life insurance policy. Spectacular benefits include a future benefit increase without needing to provide further medical evidence, where BudgetDirect either increases your benefit by $100,000 or 20% of your original cover amount (whichever one is lesser). Potential events that could get you this increased benefit include the birth of a child or taking out a mortgage (T&Cs apply). Other benefits include a terminal illness death benefit advance, funeral advance, and a lump sum payment when you pass away, depending on your plan and level of cover. For their optional extra Disability Income Insurance cover, BudgetDirect offers 2-year or 5-year benefit periods. They are currently offering 1 month for free (T&Cs apply).
For a full idea of the terms, conditions, limits, and exclusions, read the product disclosure statement (PDS) on BudgetDirect’s website.