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Excess versus premium: what actually matters

A cheaper premium that adds a higher excess is not cheaper if you claim. How to think about the trade without invented prices.

General information only. Not personal advice and not a PDS. Policy wordings, excesses, age limits, medical screening and exclusions change. Read the current Product Disclosure Statement and confirm cover with the insurer before you buy.

Reviewed by Callum Sherwood, Editorial lead. Last editorial pass September 2026. Contact callum.sherwood.seo@gmail.com.

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Compare the wording, not a leaderboard

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