Is life insurance a thing in Australia?

Is life insurance a thing in Australia, yes life insurance is common thing in Australia with 60% of adults having some life cover via superannuation, with $500K to $1M cover costing $30 to $80 per month, and market $10B premium per year via TAL, AIA, Zurich, MLC. Life insurance in Australia, also called term life or death cover, pays lump sum $500K to $1M if you die or terminal illness diagnosed 12 months, with 4 million policies and $8B claims paid per year. Most Australians have life insurance inside superannuation automatically, with default cover $100K to $200K for $20 to $40 per month deducted from super, with 70% of super accounts having life cover. Outside super, personal life insurance $500K to $1M costs $30 to $80 per month for 30 to 40-year-old non-smoker, with underwriting and higher cover. For example, 35-year-old non-smoker $750K cover $50 per month via TAL. Life insurance is thing in Australia, with 60% having cover via super, though underinsurance common as default $200K insufficient for mortgage $500K, so many top up to $500K to $1M. So yes, life insurance is thing in Australia with $10B market, 60% having cover via super and personal, costing $30 to $80 per month for $500K to $1M, paying $8B claims per year for death and terminal illness.