COVID-19 Commitment to frontline healthcare workers

We’re committed to ensuring health workers can access life insurance cover.

The life insurance industry has a critical role to play in supporting Australians at this important time.  Insuranceline intends to play its part to support our customers and the community when they need us most. We are grateful for all the doctors, nurses, medical practitioners, along with the healthcare workers who support them, such as police, pharmacists, paramedics and age care workers, who are on the frontline fighting the COVID-19 pandemic. 

We are pleased to have supported this FSC initiative to protect our frontline health workers. This commitment on behalf of participating FSC life insurance member companies is to ensure that frontline healthcare workers are not prevented from obtaining life insurance cover purely through exposure, or potential exposure, to coronavirus.

1. The commitment

Life insurance companies participating in this commitment agree as follows:

For relevant healthcare workers, exposure or potential exposure to coronavirus will not of itself be used to:

  • decline an application for cover, or
  • charge a higher premium, or
  • apply a COVID-19 pandemic risk exclusion to any of the benefits offered,

subject to the following:

  • The agreement applies to new underwritten applications for individual life insurance benefits up to the financial limits below for relevant healthcare workers.
  • The normal underwriting process and rules will apply to individuals for health conditions unrelated to coronavirus.
  • Applicants who have tested positive for COVID-19, or who are waiting for a test result, will not be immediately eligible for cover.

2. Relevant Healthcare Workers

Relevant healthcare workers includes, but is not limited to, all the following people working in any capacity in Australia, in any of the following:

  • Doctors, nurses, cleaners and all hospital workers
  • Ambulance workers and paramedics
  • People working at a GP Surgery or Clinic
  • Workers at a COVID-19 testing site
  • Allied healthcare workers people providing mental healthcare services
  • Workers developing a COVID-19 vaccine or treatment
  • Pharmacists
  • Police
  • Age Care workers
  • Volunteers helping to support people with COVID-19

3. Financial Limits

The Commitment applies to the total amounts of cover the applicant would have, including both the cover being applied for and any existing individual and group insurance cover with all life insurers in aggregate, up to the following amounts:

  • $750,000 of lump sum death cover.
  • $500,000 of total permanent disability cover (TPD).
  • $200,000 of trauma and/or critical illness cover.
  • $4,000 a month in total of any combination of income protection, salary continuance or business expenses cover. 

Nothing in this Commitment prevents any life insurer from providing additional coverage in excess of the above.