With a recent spate of massive health-related disasters hitting Australia, many are now looking to fill gaps in their insurance premiums by shopping around online.
We spoke to a number of insurance agents in Sydney about the most affordable gap insurance companies to get a feel for what they can offer and how they can be found in your area.
Read more about insurance, gap insurance and travel insurance in this story.
Gap Insurance AgencySydney-based GapInsurance is one of the most sought after companies in Australia, offering insurance to people who live in areas affected by major disasters.
In a statement, GapInsurers spokesperson Kate Stoner said:”GapInsurance’s primary focus is providing outstanding, affordable insurance that covers the needs of those who are at risk of death or serious injury due to an event or event-related health condition, or the immediate aftermath of an event.”
The primary objective of GapInsures premium policy is to ensure a consistent and consistent coverage for life and for individuals with a range of life-threatening conditions.
“Insurance rates for an average home are usually around $1,500-1,900 per year, with a high-end policy at around $2,500 per year.
However, when you factor in the premium you pay per year on top of your other premiums, the cost of a gap insurance policy can range from around $500-750 per year for a single person, to $1-1.5 million for a family of four.”
We are looking to ensure that our policies are of a high quality and we are looking for policyholders that are able to pay,” Ms Stoner added.”
It’s our goal to offer the most competitive pricing we can in an affordable way.
“Gap is a national and international insurer.
It operates across Australia, including in New South Wales, Victoria, South Australia, Western Australia and Queensland.