Life Insurance Broker Brisbane
Your Brisbane life insurance broker, protecting what matters most
Why use a life insurance broker?
Brisbane's trusted life insurance broker
Your Dedicated Life Insurance Broker
Katarzyna Urbanik
Director of Morgan Insurance - Senior Risk Adviser - Life Insurance, Income Protection, Trauma, TPD, Key Person Insurances
EXPERIENCE
20+ years in the financial & insurance industry
LOCATION
Brisbane, servicing Australia Wide
QUALIFICATIONS
- Bachelor of Business
- Diploma of Financial Planning (RG146)
- Advanced Diploma Financial Services
- Tier 2 General insurance compliance
Customer Reviews
Our process
Getting the right life insurance in place is straightforward when you have an experienced adviser managing it for you. Here's what to expect.
Initial conversation
We discuss your situation — your income, mortgage, dependants, and existing cover — to understand exactly what you need and why.
Application & research
We gather your details and compare policies across multiple insurers on your behalf — handling all the paperwork and submissions for you.
Review your options
We present your cover options in plain language — explaining the differences in definitions, premiums, and structure so you can decide with confidence.
Cover confirmed
Once your first premium is processed, your policy schedule is issued and your cover is in force. We're here ongoing for reviews and claims support.
What does life insurance cover?
As your insurance broker, Morgan Insurance Brokers can source comprehensive life insurance policies that offer protection across a range of circumstances. Here are the core benefits available under most life insurance policies.
Death benefit
Lump sum paid to your beneficiaries
A lump sum payment made to your nominated beneficiaries upon your death. The benefit is designed to cover outstanding debts such as a mortgage, replace your income for a period, and provide financial stability for your family's living costs and future expenses. The sum insured should reflect your current financial obligations, not the amount you set when you first took out the policy.
Terminal illness benefit
Access your benefit while you are still alive
If you are diagnosed with a terminal illness and given a life expectancy of 12 to 24 months, most life insurance policies allow you to access your death benefit early. This gives you and your family time to make financial decisions, clear debts, and plan ahead while you are still able to do so — rather than leaving your family to manage the financial consequences after you are gone.
TPD benefit
Total and permanent disability lump sum
A lump sum payment if you become totally and permanently disabled and are unable to work again. TPD cover is often included in a life insurance policy or arranged alongside it. The policy definition of TPD matters significantly — "own occupation" TPD pays if you cannot return to your specific occupation, while "any occupation" TPD requires you to be unable to work in any capacity. A broker compares definitions across insurers. See our TPD insurance page for more.
Trauma cover
Cancer, heart attack, stroke and specified conditions
A lump sum payment if you suffer a specified serious illness such as cancer, heart attack, or stroke. Trauma cover is separate from life insurance and pays a benefit while you are alive, giving you financial support to cover treatment costs, rehabilitation, reduced income during recovery, and any modifications to your home or lifestyle required during recovery. It is often arranged alongside life and TPD insurance as part of a complete personal insurance package.
Funeral advance benefit
Advance payment while the full claim is processed
An advance payment from your life insurance policy to cover immediate funeral and burial costs while the full death benefit claim is being assessed and processed. Life insurance claims can take several weeks to settle, and funeral costs in Australia typically run to $10,000 or more. The funeral advance benefit ensures your family is not left to cover these immediate costs out of pocket while waiting for the main claim to be paid.
Income protection
Replaces income if you cannot work due to illness or injury
While not technically a life insurance benefit, income protection insurance is almost always arranged alongside life cover as part of a complete personal insurance package. It replaces up to 70% of your income if you are temporarily unable to work due to illness or injury — addressing the financial risk that life insurance alone does not cover. Most Australians who need life insurance also need income protection.
Do I need Life Insurance?
Deciding whether you need life insurance brisbane depends on several factors related to your personal and financial situation. If you have individuals who rely on your income, such as children, a spouse, or other family members, life insurance can provide crucial financial stability. In the event of your death, life insurance can help cover living expenses, education costs, and other financial needs of your dependents.
Do I need life insurance?
Answer 5 quick questions to find out if life insurance makes sense for your situation right now.
Major life events that should trigger a life insurance review
The terms of your life insurance are agreed based on your lifestyle and circumstances at the time you took out the policy. When those circumstances change significantly, your policy needs to change too. Getting married, buying a home, or having children all add financial responsibilities and people who depend on your income — and each one is a clear signal to review your cover.
Marriage typically means merged finances, joint debts, and a partner who depends on your income. If you die without adequate life insurance, your spouse is left managing a shared financial life on one income — including a mortgage, living costs, and any other joint obligations you have taken on together.
What to review
A mortgage is likely the largest financial obligation you will ever take on. If you die with a mortgage outstanding, your family inherits the debt along with the property. Life insurance structured to clear the mortgage means your family keeps the home without being forced to sell or struggle with repayments on a reduced income.
What to review
Children are the most powerful reason most people take out or increase their life insurance. A child depends entirely on your income for food, housing, clothing, healthcare, and education for at least 18 years. Both parents need to be covered — including the non-working parent, whose contribution to childcare and household management would be costly to replace.
What to review
How often should you review your life insurance?
Even without a major life event, it is generally recommended to review your life insurance every 3 to 5 years. A review confirms your sum insured still reflects your income and obligations, your beneficiary details are current, and you are not overpaying for cover you do not need or underinsured for what you have.
A review also checks whether a different policy type or insurer would provide better value — premiums and policy terms change, and a broker can identify whether a newer policy structure suits you better than what you took out years ago.
Coverage amount
Is the sum insured still appropriate for your current income, debts, and the number of dependants relying on you? This is the most commonly outdated element of any life insurance policy.
Beneficiary details
Marriage, divorce, and children all affect who should receive the benefit. Outdated beneficiary details can result in the payout going to the wrong person or being caught in estate proceedings.
Premium competitiveness
Are you paying a fair rate for the cover you hold? Insurers reprice regularly and a broker can identify whether a newer policy would provide the same or better cover at a lower premium.
Life insurance for Brisbane tradies
Brisbane's construction and trades sector is one of the most active in Australia right now — Olympic infrastructure, South East Queensland development, and a decade of residential growth have made tradies among the most in-demand workers in the country. But that same physical demand makes the financial consequences of death or serious illness more acute than almost any other profession.
Most Brisbane tradies we speak with have one of two situations: no life insurance at all outside a default super policy they've never reviewed, or a policy taken out years ago that no longer reflects their income, their mortgage, or their family's actual cost of living.
Why default super cover usually isn't enough
Super funds calculate default life insurance on a generic formula — a flat amount or multiple of salary — without accounting for your mortgage, whether you're a sole trader with no sick leave, or what it actually costs your family to live in Brisbane. For a tradie earning $120,000–$180,000 on tools, the gap between what super pays and what your family actually needs is often significant.
What Brisbane tradies should be asking
Your occupation classification affects which insurers will cover you and at what premium. Whether you're an employee or ABN subcontractor affects how a policy is structured. We assess your individual risk, debts, and family needs — and know which insurers price trade occupations most competitively and which policy definitions give you the strongest protection.
Trades we regularly work with
Also considering income protection?
Life insurance covers your family if you pass away. If you're injured on site and survive — statistically far more likely — income protection keeps the mortgage paid during recovery. We handle both and can show you how they work together.
Life insurance for Brisbane real estate agents and property managers
Brisbane's property market has made real estate one of the city's highest-earning professions — but also one of the most income-volatile. Commission-based income, fluctuating settlement volumes, and the reality that most agents are sole traders or small business owners means standard employment safety nets simply don't apply.
The commission income problem
Most insurers calculate cover based on your income — but commission income is assessed differently to salary. If you're earning $150,000 in a strong Brisbane market year but your base is $60,000, some insurers will only insure the base. We know which insurers assess commission income most favourably and how to structure your application to reflect your actual earnings.
Calculated on your real numbers
A Brisbane agent with a $900,000 mortgage, two dependants, and $180,000 in commission income needs a very different structure to what a default super fund provides. We calculate cover based on your actual mortgage, Brisbane household costs, and your income replacement need — not a generic formula.
Principal and agency owners
If you run your own agency or rent roll, life insurance intersects with your business obligations as well as your personal ones. The loss of a principal or key agent can affect client relationships, rent roll value, and ongoing income for your team. We work with Brisbane agency owners to make sure personal life insurance and business protection are structured together — not as an afterthought.
Commission income and income protection
Variable income requires careful structuring — not all policies handle it well. We keep this conversation separate to make sure both your life insurance and income protection are set up correctly from day one.
Life insurance works best as part of a broader protection plan
Life insurance covers your family if you die — but it doesn't replace your income if you're off work sick, protect your business if a key person is lost, or pay a lump sum if you're diagnosed with a serious illness. Most Brisbane clients we work with hold a combination of covers that work alongside each other. If you're reviewing your life insurance, it's worth considering whether any of these sit alongside it.
Income protection insurance
Life insurance pays out when you die — but what if you're too sick or injured to work for six months? Income protection insurance replaces up to 75% of your income while you're unable to work, keeping your mortgage and household running during recovery. Many Brisbane clients hold both policies alongside each other.
Learn about income protectionTPD insurance
Total and Permanent Disability insurance pays a lump sum if you become permanently unable to work — separate to your life cover and critical if you have a mortgage or dependants. TPD insurance can be held inside or outside super and is often structured alongside your life policy for cost efficiency.
Learn about TPD insuranceSMSF insurance
If you hold your super in a self-managed fund, your life and TPD cover needs to be reviewed as part of your fund's documented investment strategy — it's an ATO compliance requirement. SMSF insurance held inside your fund is paid from pre-tax super dollars, making it significantly more cost-effective than personal cover.
Learn about SMSF insuranceKey person insurance
If you run a business in Brisbane, your life insurance protects your family — but who protects the business? Key person insurance pays the business a lump sum if a critical team member dies or becomes disabled, covering lost revenue, loan repayments, and the cost of finding a replacement.
Learn about key person insuranceFrequently Asked Questions
FAQ's
No, a medical exam isn’t always required. For most standard cover amounts, insurers will ask you to complete a health questionnaire covering your age, weight, smoking habits, medical history, and family health history. A full medical exam, including blood tests, urine tests, and a physical is typically only required for higher cover amounts or if you have pre-existing conditions that need further assessment. Your broker will guide you through exactly what’s needed based on your situation.
The process is straightforward. Contact Morgan Insurance Brokers and we’ll arrange a time to understand your situation. We then approach multiple insurers on your behalf, compare policies, and present you with clear recommendations. There are no advice fees for this service. Once you’re comfortable with the recommendation, we handle the application, underwriting, and policy setup from start to finish.
When you buy life insurance direct from an insurer, you’re choosing from one company’s products and assessing the policy wording yourself. A Brisbane life insurance broker accesses policies from multiple insurers, compares them on your behalf. At claim time, a broker also advocates for you rather than leaving you to deal with the insurer alone. There’s no additional cost, brokers are remunerated by the insurer.
No advice fees · Australia wide
Ready to protect your family the right way?
Speak with a specialist life insurance broker today. We'll assess your needs, find compliant and cost-effective cover, and handle everything on your behalf.
We are providing you with general advice only and not personal advice. We have not considered your objectives, financial situation or needs before acting on this advice. You should therefore consider the appropriateness of this advice in light of your own objectives, financial situation or needs, before acting on this advice.
We request that you review the enclosed documentation together with your Product Disclosure Statement/s (and Insurance Policy Wording/s) for these insurances when considering whether the cover, conditions and other terms of insurance continue to meet your requirements (including your needs, objectives and financial situation).
The Insurer's Product Disclosure Statement contains important information about the features of this policy and your rights and obligations as a policyholder (including the cooling off period and how to access the dispute resolution system of the Insurer). The Product Disclosure Statement/s were given to you when you originally applied for or last renewed the policies. If you require more copies, please do not hesitate to ask us.
