Usually, because they don’t know what you now know or they're really time poor and happy to take the view, 'something is better than nothing'.

Having a speciality Risk Adviser like unusualrisks.com.au looking out for you and your loved one's interests means you would never be exposed to such a risk.

• At unUsual Risks Insured, we're on record as boldly stating to all insurance companies, “Stop selling rubbish to good people!"

Those companies that continue to do so, cite commercial decisions. We believe, they find an advantage in hoping people will not read the fine print or have not got a professional adviser looking out for them.

Insurance premiums are structured to reflect the degree of an individual's risks a life insurance company accepts. eg: Smoking or not smoking.

Your type of employment will affect the policy premium. eg: a typical university-qualified professional working in a predictable environment like an office, would usually cost less to insure than a blue-collar Scaffolding Tradesman working on a high-rise building.

• If you have hazardous hobbies or pastimes, like competitive car racing, skydiving or deep-sea diving on shipwrecks, you would expect the premium to be increased to cover the additional risk.
• If you just go to the gym to keep fit or cycle or go bushwalking on the weekends, you wouldn't expect any premium increase.
• If you wanted a particularly large amount of insurance cover, eg: over $2,000,000 all life companies will request an HIV test, regardless of your age, gender, health or occupation.

Underwriting is simply the process that an insurance company uses to measure the degree of risk that you might present as a potential client. For example; people who regularly go hang-gliding on weekends might present a higher risk than those that don’t. The person responsible for this assessment is called an Underwriter.

Peace of mind. The degree of risk is assessed and the application completed at the time you make the actual application, not when you need to make a claim.  Having a professional policy that's fully underwritten upfront ensures all the assessments by the insurance company are completed so you (or your family) don't have nasty surprises at claim time.