Tony Insurance

Tony Insurance, an Australian brokerage specialising in life insurance

Tony Insurance is an Australian brokerage that focuses its activity on arranging and maintaining life insurance. The firm presents itself as a specialist in this line and works with individual clients and business owners who need to protect their family, their assets or their business. Its approach is built around simplifying the application process and providing support throughout the life of the policy and at claim time.

Life products and associated covers

The life insurance offering marketed by the firm includes several types:

• Life insurance.
• Total and Permanent Disability (TPD).
• Trauma or critical illness.
• Income protection.
• Child trauma.
• Accident-only cover.

The company states that it compares cover across ten Australian life insurers, handles the paperwork associated with applications and continues to support the client during claims processing.

Health and general insurance

In addition to the life line, Tony Insurance offers health and general insurance. In health, the website mentions policies for singles, couples and families, as well as for SMEs and companies, with extras-only and ambulance cover options. In the general area, the firm lists cover for home and contents, motor vehicles, transport, landlords, marine and travel, among others.

Business insurance

The offering aimed at businesses includes buy/sell and key person insurance, public liability, cyber, commercial vehicle, commercial property and machinery breakdown, as well as other covers that the company does not detail on its page. The firm presents itself as a single point of contact for managing these needs through its network of professionals.

Track record and advisory approach

Tony, the professional who gives the firm its name, has worked in the life insurance sector since 2009. The company notes that its clients have collectively received more in claims than in premiums paid, a fact it uses to illustrate the value of cover when it is needed. Its advisory approach is based on clear, straightforward communication so that the client knows exactly what they are taking out.

Corporate structure and regulatory authorisation

Tony Insurance Life Pty Ltd, as trustee of Tony Insurance Life Trust (ABN 12 202 794 800) and operating as Tony Insurance, acts as a Corporate Authorised Representative of Sustainable Life Solutions Pty Ltd (ABN 66 655 297 886 / AFSL 536966). The firm is authorised to deal in life insurance products only. Any mention of other products or services is provided by external third parties and is offered under a referral relationship only. The information and advice published on its website is general in nature and does not analyse the client's personal situation, financial needs or objectives. Products are subject to policy terms and conditions, including eligibility criteria, exclusions and limitations, and the client should read the insurers' Product Disclosure Statements (PDS) and Target Market Determinations (TMD).