In October 2025, one of the world's largest reinsurers announced it would stop accepting new life insurance business in Australia. The decision by Swiss Re Life & Health Australia to pause new business activities was not framed as a retreat — it was framed as a statement about product sustainability. The company said it would use the pause to "drive sustainable product design, particularly in Total and Permanent Disability (TPD) insurance, where there are significant sustaina

A life insurance review in Australia is warranted when one of four things happens: a premium increase notice arrives, a major life event changes financial circumstances, an SMSF is established, or a policy has not been looked at in five or more years. According to Christopher Hall, AdvDipFP, Authorised Representative AFSL 526688, these four triggers account for the overwhelming majority of the 500+ policy reviews he has conducted across Australia — and in almost every case, t

Written by Christopher Hall, AdvDipFP | Authorised Representative, AFSL 526688 | March 2026 · Updated July 2026 Most Australians assume that because their super fund provides life insurance, they are covered. It is one of the most widespread and costly assumptions in personal finance. The reality — observed across more than 500 policy reviews — is that default super cover is, for the majority of Australian families, inadequate in amount, restrictive in definition, and frequen