Specialist Financial Protection for those You Love

Specialist Financial Protection for those You Love

We're the experts helping Australians living with complex health conditions, hard-to-insure occupations or using assisted reproductive strategies, to get their life insurances sorted

Live the unusual Life logo or unusualrisks com au

Welcome to Unusual Risks Insured

We exist to close the protection gap and make Life Insurances available to more people,
especially those who were previously excluded.

$ 63000000

Amount of Speciality Life Insurance in place

for people living with HIV, Diabetes, & other hard-to-insure health conditions

$ 8700000

Amount of Speciality Income Protection in place

bringing certainty, stability and equality to people's lives

Take Our Anonymous
Online Pre‑assessment

Find out in 60 seconds if your personal situation
is one we can work with


pre assessment online Unusual Risks Insured

when there is no average situation, person or circumstance unusual risks insured Australia

Wherever you are on your life journey

When it comes to the LGBTQIA+ Community, there's really no such thing as average – there's just way too much diversity among us for that.

That said, we've found three different life stages shared by many.

If you're Single, Partnered or Parenting, we can help you better understand your options and help you make some fabulous decisions.

crisis insurance

  • Crisis Recovery Protection

    Crisis Recovery insurance means you can focus on getting better, without worrying about how you’re going to get by once you recover.

    Crisis Recovery insurance (also called Critical Illness Trauma Recovery insurance) is designed to pay a specified lump sum (or in some cases installments) to you if you’re diagnosed with a specified serious illness or injury that's covered by the policy such as cancer, heart attack, stroke, and breast or prostate cancer.

    Up until now, this was simply not possible for people with complex health conditions.

    • Poor health can destroy wealth quickly. Hits to our health are often far worst than other financial losses because they often dry up our income-making capacity too.
    • Today people often use it as part of a backup plan to fund their major medical expenses, reducing (or even paying off) debts and maintaining their lifestyle while they recover.
    • Crisis Recovery insurance is a useful backup plan when you don't have access to savings or large sums of disposable cash when you may need it the most.

    An uncomfortable reality

    Today's rising cost of sophisticated medical treatments and pharmaceutical interventions means that having a health crisis now equates to having a financial crisis.  Money has become a potent treatment tool as advances in medicine.

    This is where Crisis Recovery insurance can be a powerful safety net.

    Depending upon the level of cover you choose, it can even allow you to make permanent lifestyle changes like not needing to return to work full time.

    Key Terms to know

    • The benefit amount is the amount the policy covers you for as chosen by you.
    • The defined conditions (listed in the PDS) are the specified conditions the policy is designed to pay out for.

    Practically speaking - 'remove the worry of paying bills while you recover from a serious condition'

    Case Study

    Meet George: single again and working hard to re-establish his life after a relationship change. After a recent Family Law Court order, he lost most of his assets and a sizeable chunk of his superannuation so he’s having to rebuild his life, a little faster than expected.

    Apart from just dealing with the stress of a relationship breakdown, he's also dealing with a diagnosis of prostate cancer. The prospects for full recovery look good, but George still needs a plan to make sure his partner and stepdaughter are cared for and have certainty about his personal financial position too.

    • He will need to continue to pay his rent and living expenses while he recovers and works through the uncertain length of rehabilitation after chemotherapy has finished.
    • George’s Crisis Recovery insurance payout means he can choose to afford the cost of elective cancer treatment and doesn’t have to ‘wait for a year to see how it progresses’ and ‘wait for a bed in a public hospital to become available’.

    His insurance benefit payment means he can continue to live in the same area where he feels settled and connected and continue to meet his usual living expenses. He can even afford to pay his sister to take 2 months off work to stay with him if he needs more help at home during treatments, while he focuses on getting better.

    George has significant financial options available, because he chose to set up a Crisis Recovery insurance backup plan, just in case.

    Why you may need Crisis Recovery insurance

    Crisis Recovery Illness insurance (aka Trauma Recovery insurance) is especially important for single people who may not have dependable family support, for people with dependents or who might have a non-working partner.

    • Most Australian's just don’t have ready access to at least 6 months of emergency savings at hand that can continue to pay all their debts and normal living expenses.
    • Add to this the increased financial burden of unexpected medical and rehabilitation costs and a medical crisis can quickly become a financial crisis too.

    It’s especially relevant for:

    • Singles with low family support
    • Young families with large debt obligations and low salable asset values
    • People who are the major income earning in a relationship
    • People with low emergency savings at hand

    Take a moment to consider how much immediate cash reserves you have on hand today to put towards paying for a serious medical issue (particularly where you may need to stop work due to serious medical trauma or injury).

    • What's your realistic plan to cope with the mortgage repayment or the weekly rental, the car loan and credit card repayments and everyday expenses - on top of sudden medical costs for treatments and rehabilitation?

    Real Life Statistics

    • An estimated 145,000 new cases of cancer will be diagnosed in Australia this year, with that number likely to rise to 150,000 in 2020.Cancer Council – Facts and Figures
    • Almost half a million people are hospitalised each year as a result of injury, and a further 12,000 people die due to injury. Australian Institute of Health and Welfare – Injury, June 2017

    The average lifetime Cancer Management1 costs for people 15 years and over are:

    • $95,460 for head, neck and thyroid cancers
    • $74,600 for lung cancer
    • $51,460 for bowel cancer
    • $36,800 for prostate cancer
    • $36,040 for breast cancer
    • $20,360 for melanoma skin cancer

    Data source 1 Zurich, the Cost of Care whitepaper, pp.11 – 12

    How it works together with other insurance covers

    This is how Crisis Recovery insuranceworks alongside Income Protection.

    • Crisis Recoveryinsurance is designed to pay an immediate lump sum to help offset unexpected medical expenses should you suffer a medical crisis specified in the policy, to help you stabilise debt obligations and personal cash flow.
    • Income Protection insurance is designed to protect up to 70% of your income after a waiting period of your choice, while you cannot work due to sickness or injury.
    • TPD insuranceis designed to protect against long-term disability and pay a lump sum after a 6-month wait if you become permanently disabled, as defined in the policy and you can no longer work in your current occupation.

    Together they can protect your immediate loss of health and your future loss of income-earning ability.

    Questions people ask about...

    Crisis & Trauma Recovery Insurances

    Take a look at some quick questions people ask about Accident Only protection insurance.

    What is it?

    Crisis Recovery Insurance (AKA Trauma Insurance or Recovery Insurance) provides a lump sum payment if one of the many insured trauma events listed in the policy, were to happen to you, such as being diagnosed with advanced cancer or having a major heart attack or stroke.

    • While you may physically recover, you may still be suffering financially for many years to come so it makes sense to protect yourself from the increased financial costs if a significant illness means you can’t work for some time.

    How does Crisis Recovery Insurance help you?

    A serious illness puts stress on your mental and emotional well being. It can be financially devastating for you and your family. Crisis Recovery insurance is designed to pay you an immediate lump sum of money to help with recovery and income liquidity if you are diagnosed with one of the listed medical events.

    What's the chance of needing Crisis Recovery Insurance?

    • There is a 1 in 3 chance of needing to claim on a Crisis Recover policy during your lifetime.  (This type of policy is the one you will more likely than not, need to claim upon).

    You’ll usually receive a lump sum payment that you can use to cover things like out-of-pocket medical expenses and regular living costs. This means you can focus on getting well, without worrying about how you’re going to get by once you recover.

    Different policies have different levels of cover for specific conditions; such as being diagnosed with advanced cancer, major heart attack or stroke, advanced dementia or cancers.  Your Unusual Risks Financial Adviser can help map these benefits to your specific needs.

    Do I need Crisis Recovery insurance?

    Most probably, Yes.

    Crisis Recovery insurance can be particularly helpful if you don’t have other forms of financial assets you can sell if needed and protection such as Income Protection Insurance, Life Insurance, Private Health Insurance or Employee Benefits. How much you’ll need is usually based on your cost of living and maintaining any debts you have.

    Many people use Crisis Recover insurance to offset their Income Protection cover (that only covers a maximum of 75% of your income) to pay for major medical and rehabilitation costs. Some people even use it to pay out a mortgage in the event they suffer one of the Crisis conditions listed in the policy.

    Where to Now?
    Continue your journey…


  • Does it still make sense to think about Life Insurances today?

    attractive bauld and bearded man with laptop computer

    Life still goes on, even in the middle of a Pandemic.

    Yes, it makes perfect sense to think about life insurance today - especially today - because life still happens to us all, all the time, even during difficult times.

    One of the dangers of living through difficult times (and the LGBTQIA+ Community is no stranger to surviving difficult times) is we can sometimes fixate on the biggest issue and ignore the most important issue - our life, love, and relationships continue regardless.

    Our innate adaptability can lead many LGBTQIA+ couples to embrace wildly different financial goals, styles and circumstances in our partners.

Individual Case Studies

Individual Case Studies


Meet Simon & Jordan

Close mates who use PrEP


Meet Lisa

She's a procurement manager for a busy national corporate and there's nothing she can't find when she puts her mind to it


Meet Terry, his young family & tattoos

The Unexpected things of life, tattoos & travel and saving for a home deposit.


Meet Ramesh, positive, energetic & living with a kidney transplant

Accident Only Insurance options


Meet Chris & Mirko

- growing their family through Co-parenting


Meet Ethan, single sensible & dating



Meet George

- an experienced logistics manager


Meet Jennifer & Amber

- climbed the corporate ladder in a busy city law firm


Meet John & David new home buyers

- and living with HIV


Meet Naomi

- nurse, single and super mum


Meet Rick & Devesh

- new Dads-to-Be through Surrogacy & IVF


Meet Tina & Garry, a serodiscordant couple

- and proud new parents of a baby boy

Our Specialty Services Include


Whoever you Love, however you Identify, regardless of any Gender you may (or may not) identify with, everyone is Welcome Here!

Browse Our Blog

Go there!

Reduce Your Risk of Type 2 Diabetes - Move More, Eat Mindfully, Stay Hydrated

Read More

Are you newly diagnosed with diabetes?

Read More

Did you know where you first began treatments matters to a life insurance company

Read More

Happy Sydney Mardi Gras 2023!

Read More

Do I need life insurance if I'm Single and LGBTQIA+?

Read More

Watch our Fun Explainer Videos

Explainer Video Dave life of the party - Unusual Risks Insured

Dave | Life of the Party

Watch Video

Explainer Video George, how much insurance is enough - Unusual Risks Insured

George| Experienced Logistics Manager

Watch Video

Explainer Video Modern Families - Unusual Risks Insured

Modern Family Insurances

Watch Video

Explainer Video Naomi, needlestick insurance - Unusual Risks Insured

Naomi | Nursing, needlestick & sharps injuries

Watch Video

About Us

Unusualrisks.com.au provides support to those people who insurance companies leave behind. We believe in giving every person the power to use life insurance products to protect & provide for their loved ones, their businesses and their legacy — free from barriers of stigma and discrimination.

We know that, as an LGBTQIA+ person (or someone who goes without labels entirely), you have specific financial advice, life insurance and privacy needs.

We're committed to serving the LGBTQIA+ community and its Allies. For us, it's about #AdviceEquality.

Make us part of your story so should the unexpected happen to you or whoever is family to you, you'll have a backup plan in place to help you financially recover and life can still get better for somebody you love.


Risk Insurance Providers





clear view




MetLife 1



one path



Contact Us

Working online & serving Australia Wide
from George St Sydney, NSW, Australia.
[ Gadigal Land ] & [ Darug Country ]

Say Hello! unusualrisks.com.au

Phone: 1300 137 403
Send a Message here

Get Advice-on-Demand via
email | phone | video | face to face

Everyone is Welcome Here!

 Progress Pride Flag

Logo of Unusual Risks Insured

Sorry, this website uses features that your browser doesn’t support. Upgrade to a newer version of Firefox, Chrome, Safari, or Edge and you’ll be all set.