If the policyholder owns a piece of land, he has to pay estate taxes. Life insurance can take care of the lives of the people that are left behind by the deceased person in case of untimely death. Get your Life Insurance Quote today! The conditions are divided into core conditions and additional conditions. It is a trend to compare life insurance quote Australia on the basis of the premium rates offered, as different companies offer different premium rates for similar policies. Without the right kind of expertise, you might feel vulnerable and exposed. Most people think that life insurance policies are for family protection, the policies can also pay debts, cover for medical expenses, burial and education. They have the financial capacity to provide for their funeral and burial expenses in the event of their death even without these insurance policies. However, the difference between the premium rates and other factors is a thing that should be compared between similar looking policies. When you love your family, you owe it to them to be responsible and not leave them in a lurch thus purchasing a life insurance policy is the need of the hour. You can choose a policy that pays out monthly to the beneficiary or you can choose to have a lump sum paid out to the beneficiary. To add to the misery, the plans of all these providers have several differences between them. The more expensive the vehicle, the more you will pay.