The right insurance cover can help support your financial goals and provide peace of mind about the future. As your life changes, it's important to review your cover to make sure it continues to meet your needs. Here are four major life events that may be a good time to revisit your protection plan.
Four major life events that may change your life insurance needs
ARTICLE
7 September 2026
3 min read
3 min read
Getting married
When you marry or enter into a long-term partnership, your financial responsibilities often become shared. It’s a good opportunity to think about how you would manage financially if one partner became seriously ill or injured, needed care or was no longer able to contribute to the household income.
Buying your first home
For a lot of people, their first home is a huge purchase and it might become their biggest asset, alongside superannuation. It makes good sense to make sure that you’ve protected your ability to stay in the home you’ve bought. Consider how you would manage mortgage repayments and other household expenses if illness, injury or unexpected life events affected your ability to earn an income.
Starting a family
Starting a family often means taking on new responsibilities. As your family grows, it's important to consider how they would manage financially if you were unable to work for a period of time or were no longer there to provide financial support.
New job or change in financial position
If your earning capacity has increased, chances are your lifestyle has improved too. You may have bought a bigger house or completed renovations. Your higher disposable income may mean you’re enjoying driving a better car or travelling. If an unexpected illness, injury or life event affected your income, having the right level of cover could help your family maintain financial stability and their lifestyle. A new role, salary increase or major financial change is a good opportunity to review your insurance cover and ensure it continues to reflect your circumstances.
Get affordable, flexible cover
With AIA Priority Protection you can apply online in minutes with no medicals or complicated paperwork. You’ll receive fast, flexible cover designed to help protect what matters most, plus a 5% discount if you apply online.
Disclaimer:
Copyright © 2026 AIA Australia Limited (ABN 79 004 837 861 AFSL 230043). This is general information only, without taking into account factors like the objectives, financial situation, needs or personal circumstances of any individual and is not intended to be financial, legal, tax, medical, nutritional, health, fitness or other advice. Before acting on the information in this publication, individuals should consider its appropriateness having regard to such factors. The source information of the articles is current as of the date of publication and may be subject to change. While the information contained herein is believed to be accurate, AIA Australia expressly disclaims any and all liability for representations or warranties, expressed or implied, contained in, or for omissions from, the information.
Copyright © 2026 AIA Australia Limited (ABN 79 004 837 861 AFSL 230043). This is general information only, without taking into account factors like the objectives, financial situation, needs or personal circumstances of any individual and is not intended to be financial, legal, tax, medical, nutritional, health, fitness or other advice. Before acting on the information in this publication, individuals should consider its appropriateness having regard to such factors. The source information of the articles is current as of the date of publication and may be subject to change. While the information contained herein is believed to be accurate, AIA Australia expressly disclaims any and all liability for representations or warranties, expressed or implied, contained in, or for omissions from, the information.
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