A guide to life insurance

Empowering doctors to face the future with confidence

Life Insurance can be complex to navigate.

To support you in your search for life insurance products, we are introducing the Avant Guide to Life Insurance.

In this eBook, you'll learn about the main life insurance products, cover definitions, different types of premiums, what to expect in the application process, frequently asked questions about life insurance and more.

After reading this eBook, you'll know:

  • What life cover, income protection cover, total and permanent disability (TPD) cover and trauma cover is.
  • The different ways you can take out life insurance cover.
  • The common considerations for each type of insurance cover, ranging from 'basic' to 'comprehensive' cover.
  • The key differences of insurances held inside and outside of superannuation, and any cover specific restrictions.
  • The two major approaches to the underwriting process and any potential outcomes when applying for life insurance cover.

Take the first step to learn how you can use life insurance to create a safety net that helps to ensure you and your loved ones are taken care of financially.

We can assist you with arranging

Life cover

In the event of death or terminal illness, life cover can provide a lump sum benefit.

Income protection

When illness or injury prevents you from working in your occupation or any occupation, income protection cover supports you by paying a monthly benefit.

Trauma cover

If you suffer from one of the listed major health events, trauma cover can provide you with the financial resources to make lifestyle or career adjustments to help you recover.

Total and permanent disablement cover

When an illness or injury permanently prevents you from working in your occupation or any occupation, TPD cover can provide a lump sum benefit.

Download your eBook below

Privacy statement

Avant Mutual Group Limited and its related entities including Doctors Financial Services (trading as ‘Avant Life Insurance’) collect your personal information included in this form for the purpose of providing you with the ebook, providing our services (including marketing and promotion), conducting our business, communicating with and complying with the law. We may disclose your personal information to our contracted service providers as reasonably necessary to assist us in core functions and help us deliver services to you. For more information on our related entities, how we collect, use and disclose this information, how to access or correct your personal information held by us or to make a complaint, please read our Privacy Policy or contact our Privacy Officer at privacy@avant.org.au. 

By providing your details, you consent to your information being collected, used and disclosed as outlined above. Please contact us if you wish to change your consent.

Female doctor looking at camera in hospital hallway with stethoscope around neck

Apply for cover by 30 June 2024, and if accepted, we'll thank you with a $500 eGift Card*

Find out more

Want to get in touch?

Schedule an appointment with a life insurance consultant today.
You can also contact us at 1800 128 268 or email avantlife@avant.org.au for more information.

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Disclaimers

IMPORTANT: The information provided on this website is general advice only and has been prepared without taking into account your objectives, financial situation and needs. You should consider these, having regard to the appropriateness of this advice as well as the Product Disclosure Statement (PDS) and Target Market Determination (TMD) before making a decision to acquire a financial product. 

The life insurance products presented on the Avant Life Insurance Selection Tool (LIST) should not be regarded as representative of all life insurance products that may be available to you. The selection is for illustration purposes only and should not be regarded as an endorsement or recommendation by Avant Life Insurance to take out any of the life insurance policies presented, as we have not considered any of your objectives, financial situation or needs in providing you with these estimated premiums. The LIST can be used to obtain an estimate of premiums for the life insurance products compared. The provision of estimated premiums does not constitute an offer of insurance. Avant Life Insurance is not able to bind any insurer or ensure that any insurer sells any product to you. Accordingly, nothing on this website amounts to an offer by us or any insurer to sell any product to you or enter into any contract with you. 

The LIST compares the prices and some of the features of the life insurance products. However, it does not compare all of the features or benefits of each product, nor the relevant policy coverage, which should be considered before making any decision. When reviewing a product you should consider whether the product is appropriate for you and read the relevant PDS and TMD before deciding to purchase or continuing to hold a policy or plan. The PDS and TMD for each product are available by contacting us on 1800 128 268. Before using the LIST you should read our Financial Services Guide for detail about who we are, how we are remunerated and how the LIST works. Information on this website does not constitute legal or professional advice, and is current as at the date of initial publication. 

This service is provided by Avant Life Insurance. “Avant Life Insurance” is a registered business name of Doctors Financial Services Pty Ltd ABN 56 610 510 328 AFS Licence Number 487758 (DFS). 

Campaign T&Cs:

*Terms and conditions: The promoter is Doctors Financial Services Pty Ltd ABN 56 610 510 328 AFS Licence Number 487758 (DFS) trading as Avant Life Insurance. This email and its contents do not constitute an offer of insurance or any financial product and any application for insurance is subject to the insurer’s acceptance. To be eligible for an eGift Card a customer must apply for any of the products listed on the ‘Avant Life Insurance’ Selection Tool (LIST) with an annual premium payable over $2,000 between 8 April and 30 June 2024 and be accepted for cover and have cover in force no later than 30 September 2024 (subject to acceptance by the chosen insurer on The LIST). One eGift card to the value of $500 will be issued per eligible life insured, following the policy being in-force for a minimum of 12 weeks. eGift Cards are not redeemable for cash. This promotion is not available with other offers and does not apply to plan upgrades. To the fullest extent permitted by law, Avant reserves the right to change or cancel this promotion at any time. To the extent not excluded by law, the promoter excludes all liability for loss or damage in relation to this promotion.

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NSW State Office AddressLevel 6, Darling Park 3, 201 Sussex Street, Sydney NSW 2000
Telephone 02 9260 9000 | Facsimile 02 9261 2921

Mailing addressPO Box 746 Queen Victoria Building NSW 1230

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In the spirit of reconciliation Avant acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respect to their Elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today.

IMPORTANT: Professional indemnity insurance and the Practice Medical Indemnity Policy available from Avant Mutual Group Limited ABN 58 123 154 898 (Avant Mutual) are issued by Avant Insurance Limited, ABN 82 003 707 471, AFSL 238 765 (Avant). Avant Cyber Insurance cover is available to eligible Avant Practice Medical Indemnity Policy holders up to the cessation of their policy and is provided under a Group Policy between Liberty Mutual Insurance Company ABN 61 086 083 605 (Liberty) and Avant. Private health insurance products are issued by The Doctors’ Health Fund Pty Limited, ABN 68 001 417 527, a member of the Avant Mutual Group. Avant arranges Avant Business Insurance as agent of the insurer Allianz Australia Insurance Limited ABN 15 000 122 850, AFSL 234 708 (Allianz) and may receive a commission on each policy arranged. Avant Travel Cover is available under a Group Policy between QBE Insurance (Australia) Limited, ABN 78 003 191 035, AFSL 239 545 (QBE) and Avant Mutual. Avant Travel Cover is underwritten by QBE and Avant may receive a benefit for arranging cover. Avant Finance is a registered business name of Avant Doctors’ Finance Pty Ltd (ACN 637 769 361) and licensed to Avant Doctors’ Finance Brokers Pty Ltd (ABN 75 640 406 784). Avant Doctors’ Finance Brokers Pty Ltd is a wholly owned subsidiary of Avant Doctors’ Finance Pty Ltd. Loan products may be provided by Avant Doctors’ Finance Pty Ltd or arranged by Avant Doctors’ Finance Brokers Pty Ltd. Credit services or assistance to which the National Credit Code applies are provided by Avant Doctors’ Finance Brokers Pty Ltd as authorised Credit Representative (Credit Representative Number 523242) for LMG Broker Services Pty Ltd ACN 632 405 504 Australian Credit Licence 517192. Legal services are provided by Avant Law Pty Ltd ABN 63 136 429 153 (Avant Law). Liability limited by a scheme approved under Professional Standards Legislation. Legal practitioners employed by Avant Law are members of the scheme.


The information provided on this website is general advice only and has been prepared without taking into account your objectives, financial situation and needs. You should consider these, having regard to the appropriateness of the advice before deciding to purchase or continue to hold these products. For full details including the terms, conditions, and exclusions that apply, please read and consider the relevant Product Disclosure Statement or policy wording and Target Market Determination (TMD) which are available on this website or by contacting us on 1800 128 268. Information on this site does not constitute legal or professional advice, and is current as at the date of initial publication.