There have been significant reforms to the way gay, lesbian, bisexual, intersex people and trans folk are treated by insurance companies.
Companies cannot make assumptions about a persons sexuality from the details of their living arrangements, occupation or medical history.
Disability discrimination in insurance is now illegal. That said, reasonable distinctions based upon actuarial data in insurance assessments are not considered discriminatory as Life insurance is based upon statistical probabilities and measurement.
In 2000 Mr Graeme Innes AM, the then Deputy Disability Discrimination Commissioner stated “ …insurers are in the business of insuring against risks, not already known certainties. The Disability Discrimination Act allows for distinctions and exclusions based on disability if and where this is reasonable. Reasonableness can be established on the basis of actuarial data that is reasonable to rely on in the circumstances, or by reference to other relevant factors. …"
What is reasonable? Section 46 of the DDA contains a specific exemption for the Insurance and Superannuation Industry to recognise that some informed judgment is part of the nature of most types of insurance in Australia. Reasonable decisions based upon actuarial or statistical data where this is reasonable available are permitted".
No. Never an issue.
Life insurance is about data and statistics. It has nothing to do with sexuality, gender expression, lifestyle, identification with a lifestyle, labels or tags.
We believe all people should always be respected; regardless of who they love or how they identify (or don't).
The team at unusualrisks.com.au believe its always the individual who matters more than all of that put together.
There have been significant reforms to the way gay, lesbian, bisexual, intersex people and trans folk are treated by insurance companies. The Australian Financial Services Insurance Council has issued guidelines removing the so-called 'gay questions' from application forms and now require all insurance underwriters decisions to be based on sexual 'behaviour' instead of a 'person’s sexuality'.
If you have taken a HIV test you do not need to declare negative HIV test results. The fact of having an HIV test will not, of itself, have any effect on your acceptance terms for insurance.
No. The privacy laws are very strict and you don't have to answer questons in front of your partner. In fact, you have to give your consent before being asked any sensitive medicqal questions too. You get to control where an application takes place and who you permit to be there.
Yes, when you use our services. We can complete the standard identification questions with you and then send you a web link so that you can complete your Personal Medical Statement, privately online if that's convenient. We can SMS you a password so that your information remains secure. Remember you can also use the services of a Tele Underwriter to complete the personal health questions at a time more convenient too.
Before you enter into any insurance contract, you have a legal Duty of Disclosure under the Insurance Contacts Act 1984 to:
This same legal duty continues to exist only until the insurance contract is formally issued (and the policy is in force).
The importance of the Duty of Disclosure is written on every application questionnaire and you should take the time to read it.
No. We’re here to help. We can do it all for you or you can be involved too. After a quick conversation we try and complete forms online or over the phone, whatever is best for you.
A typical application is made up of two sections.
Today where possible we use online and over the phone options to complete Life insurance applications so the whole process becomes easier and more private.