Increase Your Savings with Life Insurance Direct Refer A Friend

Russell Cain Updated: 27 November 2020

The Life Insurance Direct Refer A Friend program offers anyone the opportunity to get one month’s worth of premium for free, up to a maximum of $100 for each successful friend referral. Not only will you save money, but you might even protect a friend against underinsurance.

Underinsurance is a massive concern in Australia. You probably know someone who has kids, a mortgage and other debts and doesn’t have any life insurance or doesn’t have enough of it. Our refer a friend program offers a win-win by giving both you and your referred friend a month off your life insurance policy, up to a $100.

You get a month off, your friend gets a month off, and Australia has less of an underinsurance problem. We also back up this offer with our Lowest Price Guarantee*.

About the life insurance referral program

Help your friends protect their financial futures and get rewarded while doing it. Refer a friend to Life Insurance Direct and collect up to $100 per friend that successfully signs up.

Even if you’re not a customer yet, but have requested a life insurance quote, you can still use your life insurance promotion code, valid for 90 days, to refer other friends. If you decide to apply within the 90 -day period and some of your friends have done the same, you’ll still receive up to $100 off your premium for each successful referral.

How to refer a friend

It’s easy to get cheaper life insurance premiums, just invite your friends:

Register your account and open your Life Insurance Direct Wallet.Click on ‘Refer a Friend’.
Copy your unique life insurance promotion code.
Refer as many friends as you like, by sharing your invite link via:FacebookTwitterLinkedInWhatsAppEmail

Use your invite link multiple times and increase savings on your premium. We’ll keep track of whether your friends have signed up, so we know how many premium refunds you are entitled to.

How do I qualify for the $100 off my life insurance?

When the person you have referred accepts the invite, by clicking on it, and fills in the life insurance quote form, they will become a successful referral when they either:

Sign up for a new policy with us, or Appoints Life Insurance Direct as their broker on their existing eligible policy.

When and how will I get paid?

For each successful referral, you’ll receive 1 month off your premium (up to a $100), 90 days after your friend’s policy is confirmed. You’ll receive your life insurance premium refund in the form of a cheque, which we will send via post.

What does my friend get out of it?

When the friend you’ve referred signs up with us, they will also get a month’s worth of premium free (up to $100), 90 days after their policy has been confirmed.

Frequently asked questions and answers

What if either my friend or I cancel our policy before the 90 days?

Your friend’s policy needs to be active at the 90-day period for you both to receive a month off your premium, or a maximum of $100.

When did this life insurance promotion start?

The refer a friend program launched in May 2018.

Can I refer friends over the phone?

Yes, you can refer your friends by phone. However, you might find that it’s easier to refer your friends by using your unique referral link.