People from Australia are unique in their quest to protect the future of themselves and their beloved family, typically consisting of their spouse and kids. As a result of this, insurance companies are offering various types of life insurance cover as well as disability insurance cover for people. Obviously, life insurance is to protect the interests of the kids and the spouse, and disability insurance is to protect the interests of the insured person as well as the family, who may be otherwise forced to cough up huge amounts of money to look after the injured person. Many insurance companies are combining these two and offering you a chance to purchase disability life insurance, which will provide the benefits of both of these types of insurance covers.

In reality, disability life insurance is the addition of disability cover to a life insurance cover. This has to be purchased at the time of signing up for the life insurance cover. Obviously, due to the added risk borne by the insurance company, the premium amount is going to be higher than that of the life insurance policy by itself. Even with disability life insurance cover, the insured person will have to fend for himself for a few days, until the 'waiting period' pertaining to the cover is over.