{"id":84092,"date":"2026-09-29T13:13:17","date_gmt":"2026-09-29T03:13:17","guid":{"rendered":"https:\/\/riskinfo.com.au\/news\/?p=84092"},"modified":"2026-10-06T12:12:47","modified_gmt":"2026-10-06T01:12:47","slug":"high-cost-of-life-insurance-perception-reality","status":"publish","type":"post","link":"https:\/\/riskinfo.com.au\/news\/2026\/09\/29\/high-cost-of-life-insurance-perception-reality\/","title":{"rendered":"High Cost of Life Insurance &#8211; Perception\/Reality"},"content":{"rendered":"<div id=\"polls-372\" class=\"wp-polls\">\n\t\t<div class=\"pollHeader\"><strong>The high cost of life insurance in Australia is more perceived than actual.<\/strong><\/div><div id=\"polls-372-ans\" class=\"wp-polls-ans\"><ul class=\"wp-polls-ul\">\n\t\t<li>Disagree <small>(59%)<\/small><div class=\"pollbar\" style=\"width: 59%\" title=\"Disagree (59% | 75 Votes)\"><\/div><\/li>\n\t\t<li>Agree <small>(21%)<\/small><div class=\"pollbar\" style=\"width: 21%\" title=\"Agree (21% | 27 Votes)\"><\/div><\/li>\n\t\t<li>Depends on the product <small>(20%)<\/small><div class=\"pollbar\" style=\"width: 20%\" title=\"Depends on the product (20% | 25 Votes)\"><\/div><\/li>\n\t\t<li>Not sure <small>(1%)<\/small><div class=\"pollbar\" style=\"width: 1%\" title=\"Not sure (1% | 1 Votes)\"><\/div><\/li>\n\t\t<\/ul><div style=\"text-align: center\"><\/div><\/div>\n\t\t<input type=\"hidden\" id=\"poll_372_nonce\" name=\"wp-polls-nonce\" value=\"c356d018bd\" \/>\n<\/div>\n\n<p>The majority of advisers disagree with our latest poll proposition that the high cost of life insurance in Australia is more perceived than real.<\/p>\n<p>As we go to press, just under six in ten (57%) of those taking our poll are calling out the &#8216;more perceived than real&#8217; contention. However, 22% agree with the statement while another one in five say it depends on the product.<\/p>\n<p>While there&#8217;s a clear &#8216;winner&#8217; in this poll, this is nonetheless a mixed result, where there exist layers of circumstances and complexities attaching to this very bluntly-worded poll proposition &#8211; inspired by our report last week on <a href=\"https:\/\/riskinfo.com.au\/news\/2026\/09\/21\/confusion-driving-consumers-away-from-life-insurance\/\" target=\"_blank\" rel=\"noopener\">Confusion Driving Consumers Away From Life Insurance<\/a>.<\/p>\n<p>As we said last week, some Riskinfo readers may have questioned our sanity in even putting this question, given the incidence of the significant premium rate increases the industry has been experiencing in recent years.<\/p>\n<p>Time will be the ultimate judge as to whether life insurance premium rates in the 2020s were actually high or were only perceived to be high. In the meantime, however, and regardless of your own position, it is hoped the incidence and frequency of future premium rate spikes will be few and far between.<\/p>\n<p>Our poll remains open for another week and we welcome your thoughts&#8230;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The majority of advisers disagree with our latest poll proposition that the high cost of life insurance in Australia is more perceived than real. As we go to press, just under six in ten (57%) of those taking our poll are calling out the &#8216;more perceived than real&#8217; contention. However, 22% agree with the statement [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":84100,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[49,8271],"tags":[],"class_list":["post-84092","post","type-post","status-publish","format-standard","has-post-thumbnail","category-polls","category-pricing"],"_links":{"self":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts\/84092","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/comments?post=84092"}],"version-history":[{"count":5,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts\/84092\/revisions"}],"predecessor-version":[{"id":84102,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts\/84092\/revisions\/84102"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/media\/84100"}],"wp:attachment":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/media?parent=84092"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/categories?post=84092"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/tags?post=84092"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}