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

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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.


  • Accident Only Insurances

    The Plan B for when you're not eligible for Plan A — the next best thing to reduce your risks

    Accidents change everything.

    They can suddenly wipe out your ability to earn an income, endanger your family's stability and alter your confidence for the future.

    It's not uncommon for accidents to become the start of unexpected financial stress that can change your way of life. They can push you into more debt to pay for unexpected medical procedures, drain your cashflow, and can even force you to sell off investments or assets to cover debts, at the worst possible time.

    The last thing on anybody's mind should be money and returning to work.

    What to do when you don't qualify for comprehensive insurance cover?

    For many people, a surprise major medical bill or the sudden loss of their income is understandably overwhelming.

    Get professional advice (and we'd love to help you out with that)

    These types of specialist policies are designed to help people who, for a variety of reasons may not be eligible to qualify for comprehensive insurance cover, but who still have financial needs to protect and families to keep safe. These policies are not suitable for a DIY approach so be sure to get professional financial advice about your situation.

    No one's immune from life-changing accidents that can remove their earning capacity and destabilize the financial security of their family.

    Why use Accident Only Insurances?

    Accident Only Insurances are the next level of personal insurance policy designed to protect against the financial impact of an unexpected accident - whether that involves a Long term Disability, Loss of Income, or even an unexpected Death, as defined in the policy.

    • Accident Only Insurance cover as the name suggests pays a benefit in the event of an accident occurring and you needing to claim.
    • Accident Only Insurance cover can be a helpful part of your protection strategy when you simply don't yet qualify for comprehensive insurance coverage but still need some level of cover to reduce your risks.

    What types of Accident Only insurances are available?

    The three main types of accident only covers available are:

    • Accident Total & Permanent Disability (ATPD) - pays a lump sum benefit if you are totally and permanently disabled as a result of an accident. There are different types of cover from any occupation or the higher grade own occupation category of claim, and even special definitions to help protect your non-working partner too.
    • Accident Income Protection (AIP) - pays up to 75% of your income per month (and can reimburse your employer’s super contributions too) if you’re working and totally or partially disabled as a result of an accident.
    • Accidental Death (AD) - pay a lump sum of money if you died from an unexpected and unintentional accident.

    Pro Tip: Only a small number of insurers offer this type of specialist cover. Like all specialist insurance cover, this is not suitable for a DIY approach or a simplified online comparison service. Get professional advice from the risk insurance specialists at Unusual Risks Insured.

    When you may need an Accident Only Insurance option

    There are times when you may not be eligible for a comprehensive life insurance policy, but you still need protection.

    This could be for:

    • Temporary reasons - while you recover from an existing injury or complete planned surgery or therapies, or
    • Ongoing reasons - due to a previous or permanent health issue or even your type of occupation.

    There are different grades of Accident Only Insurance cover, all with varying levels of medical assessment and they can become a practical alternative if your current health or occupation makes getting comprehensive cover unavailable.

    Who this is especially relevant for?

    Many people for very different reasons simply do not qualify (or don't yet qualify) for a comprehensive insurance policy to protect themselves or their families, but still need an insurance alternative.

    This is especially relevant for people with:

    • a complex medical history - like leukemia
    • a very recent medical procedure where the long-term outcomes are not yet known - like very recent gastric banding, very recent mental health support, and organ transplant recipients
    • difficult to manage medical conditions - where the risk of ongoing management makes them commercially uninsurable - like Dysplastic Nevus Syndrome where a person can have so many moles on their skin, the risk of missing one during a routine examination for melanoma is overly high
    • family genetic conditions where the statically increased risks make them not commercially viable for comprehensive insurance cover
    • high risk occupations - like Crane Drivers, Tree Loppers, High Voltage Linesmen and frontline Emergency Services workers
    • self employed occupations with very long hours who don't qualify for comprehensive insurance cover or
    • who want to minimise their out of pocket expenses in the event of a workplace accident occurring

    Whatever the reason, an Accident Only Insurance policy can be the next best thing (when you don’t qualify for the best thing) and you can still protect yourself from the financial effects of accidental death, disability or loss of income an accident can create.

    Case Study

    Meet Ramesh.He's positive, energetic and living with a genetic kidney disease. An experienced software coder, he relies upon his ability to type code and to use design software tools.

    As a teenager, Ramesh found out he had inherited Polycystic Kidney Disease and later he received a successful kidney transplant from a sibling.

    As part of his healthy (and some would say overactive) lifestyle he's now become a keen cyclist later in life. He's part of a social bike club that does long rides on weekends and he finds it helps him clear his head and unplug from his online work life.

    • Ramesh was unable to qualify for comprehensive Income Protection or Disability Insurance cover due to his Polycystic Kidney Disease.
    • So he decided to take out the next best option of Accident Only Income Protection and Accident Only Total & Permanent Disability Insurance.
    • His Accident Only Income Protection cover can pay up to 70% of his income (and 100% of his employer's Super contribution) on a claim while he recovers.

    During a recent club group ride, a car failed to stop at a red light and collided with three of the lead bikes, knocking Ramesh off his bike into the gravel on the roadside, breaking both his wrists and three fingers.

    There is a lot of rehabilitation ahead and doctors are not sure if he'll recover full use of his wrists and hands. It's early days in recovery yet, and Ramesh is undergoing extensive hand and wrist rehabilitation.

    Lots of questions about his future race through his mind daily - but financial security is not one of them.

    His Accident Only Income Protection now pays him a monthly income which means he can still pay the mortgage and meet family living expenses.

    If he does face the possibility of a long-term disability, Ramesh's Accident Only Total & Permanent Disability cover will pay him $2,000,000 in a lump sum if doesn't recover the full use of his wrists and hands and he has to adjust to living with a permanent disability unable to return to work in his current job.

    Questions people ask about...

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

    Where to Now?
    Continue your journey…

  • All Services

    happy friends at high-tea talking about Unusual Risks Insured

    We specialise in helping people with well‑managed HIV or Diabetes (and other complex health conditions) get their life insurances and income protection sorted.

    Life Insurance means financial protection to those you love, at a time when they shouldn’t have to think about money.

    Income Protection means you safeguard your able to continue to earn a living, and keep your lifestyle until your recover.

    And we help their family members get all their life insurances sorted too, so nobody misses out

    • We also help medical professionals and emergency service workers protect themselves from the financial effects of contaminated sharps injuries, and
    • We provide Australia wide financial advice and insurances for Surrogates so intended parents can provide the highest quality personal insurances to help protect and support the surrogate parent providing surrogacy services.

    These days HIV or Diabetes doesn't have to be a life sentence

    But most insurance companies still treat you like it is.

    People with pre-existing well‑managed health conditions have, up till now, been prevented from accessing quality Life Insurance and Life Insurance products like Income Protection, simply because of their conditions.

    We believe everyone deserves a fair go and equal access to financial advice Drew Browne Founder Unusual Risks Insured

    How would you answer these 5 quick questions?

    1. Are you or someone you love living with HIV or diabetes?
    2. Do you need to learn more about blood-borne disease protection?
    3. Want to learn how to protect your partner, family and even your business from the unexpected?
    4. Are you just looking for help to get your life insurance sorted?
    5. Not sure if it’s even possible?

    Here's the great news!

    You'll be pleased to know that now there's an Australian company that can offer life insurance services to those who really need it - and you found us.

    On our site, you'll be able to:

    So what are the different types of Life insurance products available to you here?

    Life Insurances is a name that covers a range of personal insurances designed to protect people from the known statistical risks of life.

    These include:

    For business owners and key people in business, we have additional personal insurances designed to protect business people from the known statistical risks of business life too.

    These include:

    For us, this is not just about getting a Life Insurance policy, this is an equality and human rights issue

    We believe that every Australian should have equal access to high-quality Life Insurance products, no matter what their sexuality, gender, race, age or beliefs. We believe this is not just about getting Life Insurance, this is a human rights issue.

    For our clients, it's about protecting and providing for those they love and simply getting on with living a full and adventurous life.

    Life Insurance can help you be certain your loved ones are provided for, children's educational needs are taken care of, and that your family of choice won't have to worry about their future if you’re not there to continue to protect and provide for them.

    A sad but all too common experience

    Often, when a couple set up life insurance to protect each other, one person has their application accepted, but the other is refused because of a pre-existing health condition. Both are left feeling that a wedge has been driven between them and that their needs and choices were not understood, honoured or valued. At unUsualrisks.com.au our mission is to change this.

    Life insurance offers financial protection to those you love at a time when they shouldn’t have to think about money

    An insurance payout can help your loved ones:

    • Stay in the family home by either paying out the mortgage or providing enough funds to allow then to remain in the community where they're most comfortable
    • Maintain the same standard of living by providing funds to be invested and used over time
    • Provide for future planned expenses for loved ones or maybe leaving a legacy that makes your difference in the world
    • If you're in business life insurance can help protect your revenue, secure bank loans and make shareholders and Key people to the business feel more secure too.
    • If you're sorting out your estate planning, life insurance can help equalise the value of an estate so that heirs are treated equally, just in case.

    When does life insurance payout?

    Life insurance will normally payout upon the death of the life insured or diagnoses of a terminal, illness in the last 24 months.

    • It can help their dependents cope financially if you unexpectedly pass away, and
    • It can help you in practical financial ways if you suffer a terminal illness

    Many people don't know that high-quality life insurance also pays out upon the diagnosis of a terminal illness in the remaining 24 months, making it a strong part of a backup plan.

    Most people don't know 30% of life insurance claims are made for terminal illness

    For Health Professionals and Emergency Services Workers, contaminated sharps injury protection offers financial stability to you at a time when you need to focus on your ongoing health

    An insurance payout can help you:

    • Pay you an immediate cash amount to use in any way to need
    • It can help pay out debts and remove financial stressors from your life
    • It can provide a financial cushion to your loved ones or yourself and help provide time for you to consider your next step
    • It can fund a change in your professional career, protect business shareholders and provide you with space to take time to consider what your next step needs to be

    So if you're living with HIV, managing diabetes or protecting yourself from these types of conditions (like using PrEP), we can help you with complete privacy, discretion and great advice.

    Enjoy your time here on our site, and feel free to get in touch and say G'day.

    And if you have sensitive questions or just prefer to chat with a person first, strike up an email conversation here or give us a call direct and ask to speak with Drew.

    Where to Now?
    Continue your journey…


  • 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…


  • How it works

    Life Insurance is a complex area with no second chance to fix a mistake

    Once you have a Life Insurance policy in force, it can't be taken away from you. But of course, there's the problem of getting one in the first place...

    Life Insurance is an 'underwritten financial product'. This means that levels of risk are often measured by insurance underwriters in 'likelihoods' and '% of chance'. Until recently, for HIV research, insurance underwriters had limited data to make predictions from so they simply refused to offer Life Insurance in circumstances where people were diagnosed with HIV.

    Why you need a specialist adviser from Unusualrisks.com.au

    When you have a pre-existing medical condition, getting high-quality Life Insurance requires the expertise of a specialty Risk Insurance Adviser because of 4 key reasons;

    • The different medical underwriting requirements are complex
    • The assessment criteria change constantly 
    • Not all insurance providers are able to work with pre-existing medical conditions (but they don't tell you that up front so the resulting formal 'application declined' goes on your permanent record)
    • We specialise in navigating through this complex area

    4 Incredibly important things you need to know about life insurance

    Here are 4 significant differences that are often overlooked when setting up specialty life insurance.

    • Once a Life Insurance policy is in force, it's considered to be 'non-cancellable' by the insurance provider (as long as you continue to pay the premiums)
    • It's automatically renewed each year without any further assessment, for the life of the product (regardless of any changes in your health, occupation or personal situation)
    • You may have the option to select level premiums for the life of the product. This can mean savings of thousands of dollars over the life of the product. The earlier this is done, the greater the savings that can be achieved.
    • You may be able to pay the premiums from your superannuation fund balance. When done in combination with level premiums, this can be a very cost-effective strategy for most people.

    When taking time means good value to you

    These are also 4 reasons why Life Insurance companies spend a lot of time in the initial assessment of the policy — because once you have a policy, it can't be taken away from you. So, now you can see the value in having a non-cancellable Life Insurance policy that's right for you.

    The typical scenario

    Sadly, we come across situations where people have already applied for life insurance only to be refused based upon their lifestyle and their medical conditions.

    • Every time they apply for insurance again, (any type of insurance covered by the Duty of Disclosure laws) they are legally required to disclose all past insurance refusals otherwise an insurance company can refuse a claim based upon non-disclosure.
    • If they apply for insurance again, they are then legally required to disclose past insurance refusals. This often becomes a real cycle of pain.

    Our anonymous pre-assessment process prevents this damage from happening.

    Why the standard life insurance application form works against you when you have specialty needs

    If you're health-conscious, eat and exercise well, maintain your weight and have an active lifestyle, this is important information that should also be taken into consideration by a life insurance underwriter. But with a standard application form, none of this is taken into account, so the result is almost always an automatic 'no'.

    The disturbing reality is that the safety of your data is not safe when you don't use a specialist like Unusual Risks

    One of the common practices for general advisers and employed advisers is to simply 'send your health information around to different insurance companies' in the hope that one of them might be interested and provide feedback on whether they can help. The ugly inside truth is that many of the risk insurers don't admit they don't both or provide helpful feedback because of vested interests and concerns over commercial intelligence.

    • Unless you're a specialist adviser, you don't have the time to research and stay on top of the changes that occur on a monthly basis.

    So now you can see why you need the specialist team at unusualrisks.com.au to get you the result safely, efficiently and confidentially.

    Everything we do is all about giving you the best chance of success without the risk

    At Unusual Risks, we understand the underwriting processes and the medical requirements that insurers need to work with. We can present you in the most favourable light so that your chances of success are the highest.

    • We use technology to help us anonymously pre-assess your medical position so that potential difficulties can be dealt with — without the need to identify you and create a permanent record that might influence a future application.

    In reality, someone living with HIV or diabetes is still more likely to be turned down for life insurance by mainstream insurers than someone who doesn't have these conditions. If you are offered cover, you'll pay about the same premium as other people with pre-existing conditions such as cancer, certain kinds of heart conditions, or smokers.

    Our anonymous pre-assessment processgives you the absolute best chance of success.

    How we do it?

    • We start by providing up-to-date, high-quality relevant information about what's now possible for people living with diabetes or HIV.
    • Then we provide an anonymous online pre-assessment service so that people can quickly find out if their medical condition is one we can work with.
    • Finally, we check your medical information with you to confirm if you were to make a formal application for life insurances, you'd have a very significant chance of success.

    10 Good reasons to choose Unusual Risks as your specialty risk adviser

    1. You control the conversation
    2. Easy online pre-Assessment
    3. The ability to be pre-Assessed anonymously
    4. The ability to complete personal and private questionnaires securely online
    5. Our expertise and deep understanding of HIV and diabetes issues
    6. Our skill at matching the right clients' health profiles to the right insurance providers
    7. Our ability to talk about anything without judgment or embarrassment
    8. Our No-surprises No-BS Guarantee
    9. All our practices, procedures and interactions with our clients are Trauma Informed
    10. Your choice of communication method: Video-to-Video, phone-to-phone or face-to-face (or just old-school email).

    Tell us how we can best work with you, and we'll make that happen.

    Where to Now?
    Continue your journey…


  • Income Protection

    Protecting yourself from sickness and injury – so you can keep on earning a living.

    We help people living with well-managed HIV, diabetes or other complex health conditions get high quality Income Protection cover

    Previously, people with complex health needs were excluded from high-quality Income Protection - now that's changed for our clients.

    • Income Protection is an insurance cover for one of the most important assets of all – your ability to continue to keep on earning a living.

    Explaining Income Protection

    Income Protection insurance as the name suggests is designed to protect your ability to continue to earn an income and pay up to 70% (previously 75%) of your income if you're unable to work due to sickness or injury. It can provide cover worldwide 24/7 and can even protect 100% of your employer's super contributions too.

    • The waiting period is the number of days before the income benefit payments start. It can be as short as 14 days and can be as long as 12 months (or even more), whatever you choose.
    • The benefit period is the length of time you’ll receive payments while you’re unable to work due to sickness or injury. These can often be for set periods of 2 years or more, even up to age 65 (and now in some cases age 70), depending on what you choose.
    • The payment method is the way you agree to pay the insurance premiums. These can be from your personal funds, perhaps from your super fund or even a combination of both, depending upon whatever you choose.

    There are so many different options available with Income Protection.

    Your financial advisor from unusual risks is the expert to best help you understand your options and cut through what can often feel an overwhelming process to find your unique solution.

    Our income drives our lifestyle - not just paying rent, mortgages, car loans and credit cards, but living a full and interesting life Drew Browne

    Practically speaking - always protect what you cannot afford to lose

    Case Study

    Meet Amber and Jenni: corporate professionals who, like most Australians, rely upon their weekly wages to maintain their lifestyle.

    Leanne had a back injury that over time deteriorated into a herniated disk in her lower back and she needed to claim upon her income protection insurance.

    This is how Leanne's income protection was useful in three different ways;

    • While needing to work part time with reduced hours due to the injury, her income protection insurance helped cover the part time loss of wages.
    • A year later when the doctors decided a surgical solution was needed and Leanne was unable to work at all, her income protection helped cover the full-time loss of wages while surgery, recovery, and rehabilitation occurred.
    • After successful surgery and rehabilitation, Leanne returned to work, initially part-time. Her income protection insurance again helped cover the part time loss of wages until she was able to fully return to work and continue her normal job. At that point, her income protection stopped and life returned to a new type of normal.

    Having access to flexible income protection, Leanne was able to take time off work as she needed and have her income continue to meet her mortgage, car loans, manage credit cards and plan a way through with financial certainty.

    In an unrelated incident the following year while cleaning a blocked gutter in the rain, while standing on a wheelie bin, Leanne slipped and broke her leg and was off work again - and her income protection commenced again as it was needed.

    Why you may need income protection

    The financial engine of our lifestyles is our continuing ability to earn our incomes.

    Over the course of a lifetime, most people will earn a small fortune (and rely upon their super contributions for their ability to eventually retire).

    Quick Tip: Just multiply your current annual income by the remaining years until you reach age 65 (retirement age) and you’ll see what you really have at risk if you lose your ability to earn an income.

    Protecting your ability to continue to earn an income makes clear financial sense.

    It’s especially relevant for:

    • Single people who might not have strong family or relationship support
    • People in relationships depending upon dual incomes
    • People with ongoing debts, like a mortgage, rent, credit cards and personal loans that couldn't be paid if they were unable to work due to sickness or injury.
    • People who have regular family expenses like food, household bills, council rates or strata fees, school fees, vehicle costs (and perhaps child support payments or IVF treatment costs) and who don't have immediate access to substantial savings to use to replace their lost income if needed
    • People who want an effective backup plan in place if one (or both of their incomes) were to stop due to sickness or injury

    A special note for self-employed people

    Self-employed and business people have different needs and restrictions on their incomes so if that's your situation, relax, the professionals behind Unusual Risks Insured can talk you through your special options too.

    Real Life Statistics

    • 20% of all mortgage defaults in Australia are ‘due to illness or accident in household'
      (Mortgage default in Australia: nature, causes and social and economic Impacts, Australian Housing and Urban Research Institute, March 2010)

    How it works together with other insurance covers

    This is how Income Protection works alongsideTotal and Permanent Disability.

    • 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 insurance is designed to protect against long-term disability and pay a lump sum after 6-month wait if you become permanently disabled, as defined in the policy and you can no longer work in your current occupation.
    • Crisis Recovery insurance is designed to pay an immediate lump sum to help offset short-term unexpected medical expenses should you suffer a medical crisis specified in the policy, to help stabilise debt obligations and personal cash flow.

    Together they can protect you against short term interruption in your ability to go on earning your income and long term permanent disability when you meet the conditions of both insurances you can receive both benefit payments

    Questions people ask about...

    Income Protection Insurances

    Take a look at some quick questions people ask about Income Protection Insurance.

    What is it?

    Income Protection Insurance provides a regular payment in place of your income if you’re unable to work for extended periods due to injury or illness.

    • Income Protection can protect up to 70% of your earned income if you're sick or injured and can't continue to work in your current job.

    How it helps you?

    Income Protection can help get you through a difficult period, without having to eat into your savings or rely on outside help – so a temporary setback to earning your income doesn’t put you behind for years.

    What's the chance of needing it?

    • There is a 1 in 4 chance of needing to claim for Income Protection insurance during your working life.

    It can pay you for as long as you remain temporarily disabled and unable to work, as specified in your policy and depending on the policy, can also replace your super fund contribution, so your retirement savings can keep growing even while you’re unable to work.

    Do I need Income Protection insurance?

    Most probably, Yes.

    You have a 1 in 4 chance of being off work for at least 3 months due to sickness or injury before you reach age 65 and most people do not have sufficient liquid assets in an emergency fund to replace their income (and continue to pay their regular bills) for more than 30 days.

    When you start thinking about Income Protection insurance, you're also protecting your ability to continue to receive an income until you either recover or retire.

    Where to Now?
    Continue your journey…


  • Insurances for Business Owners & Partners

    Business Owners and Professional Partners have unique risks and needs not usually adequately covered by their private family insurance plans.

    Business is filled with uncertainty. Now you can plan for that.

    While the risks to businesses are seemingly unending, the personal risks to Owners and Professional Partners can usually be found in 4 areas.

    These become increasingly sensitive and complicated issues for business owners and business partners who may have specific personal medical issues that deserve an enhanced level of privacy and are kept totally separate from their commercial activities.

    • Company directors may need to use life insurance to protect the company trading debts, the director's account (when Director's funds have been lent to the company) or to protect the capital investment.
    • Business partners may need to use insurances to limit becoming personally liable for company losses as their personal homes are often cross-securing the company debts.
    • Partnerships and Investors may require company key-persons to use a range of insurances to help protect capital invested.

    Why is this really important?

    Personal insurance applications are one of the very few areas in business life where an individual's personal health and lifestyle is mandatorily required to be disclosed.

    • Your private health and lifestyle history is considered an integral part of the insurance application and assessment process. This is because personal insurances are contracts between the life insured/policy owner and the life insurance company, so there's a legal duty to take reasonable steps not to mislead under Section 20B of the Insurance Contracts Actrequiring the full and frank disclosure of all personal sensitive medical and personal health data.
    • Should an application for insurance be formerly declined, this can have unintended and long-lasting effects on so many areas that it becomes a risk to all future insurance.

    This is why you need a specialty financial adviser from unusualrisks.com.au to help an individual and their company through the process.

    Read our article published on LinkedIn Pulse - Professional people with chronic health conditions need their own life insurance adviser - and this is why (or in our blog here) about why many professionals and business owners are using our services for enhanced privacy.

    How it all comes together.

    Business Key Person and Debt Protection

    The death or disablement of a key person could have a significant impact on the revenue of a business and therefore its ability to meet its day-to-day expenses.

    • This could be because the key person for example, has a unique skill or has particular knowledge relevant to the business or has relationships with key clients nationally or internationally.

    Business Fixed Expenses Protection

    Business Overheads cover, (also known as fixed business expenses cover), allows a business to continue to pay its fixed expenses if one of the business owners becomes sick or injured.

    • This type of cover usually pays a monthly benefit to the business, to meet its day-to-day fixed costs, generally for up to 12 months, if the insured person is disabled and is unable to work in the business at their full capacity.
    • All family businesses need an insurance firewall to reduce business liabilities becoming personal liabilities.

    Insurance policies to cover business overheads are generally owned by the business entity, sole traders or partners (in the case of a partnership and the policy premiums are generally tax-deductible, and the proceeds are treated as assessable income to the business.

    Building protection into your business planning is one of the most important decisions you can make.

    Business Owner and Professional Partnerships protection

    At some point, many businesses will borrow money from a financial institution or a director – this may be to provide a business with capital for a major purchase or improvement, or simply to provide a source of working capital.

    The purpose of business debt reduction insurance is to protect the business against its debts and to protect the guarantor and their estate against any claim over their personal assets.

    • If the Key-person or Guarantor to a business loan experienced a serious illness, accident or worst - an unexpected death - a business could experience significant financial difficulty and may find it hard to continue to meet all of its loan repayments.
    • A loan default could result and then trigger a 'call-up' of the business loan facility (usually 7 days notice) with a demand for the loan to be repaid in full.
    Most 'at call loans' deem a Key Person death or disability as an automatic trigger event to call up the loan.

    Business Owner & Partner Succession Protection

    If you own a business with other people, it’s important for everyone to agree on how the ownership of the business will be transferred, should one of the owners (or principals) pass away, become disabled, or leave the business for another reason; eg: resignation or retirement.

    • This is referred to as business continuation or succession, planning.

    How that is made possible is usually heavily dependent upon;

    • successfully applying and establishing personal insurances for protecting business risks, and
    • involves the full and frank disclosures of all personal sensitive health and lifestyle information.

    These create multiple specialty risks.

    Unusual risks are the experts to manage and protect the information security and advice structures required by these business owners and professional partnerships.

    logo of our parent brand Sapience FinancialAre you a business owner with additional business-related risk needs to consider?

    For small business Business Owners, our parent brand Sapience Financial has a significantly more detailed website designed especially for Professionals, Partnerships & Business Owners (and their families) where we address many of the risks and personal liabilities many business people (and their families) carry. On that website site business owners can browse through more tailored information and education on business risks.

    Feel free to continue yoiur business conversation with our small business financial advice brand Sapience Financial, here.

    Where to Now?
    Continue your journey…


  • Insurances for People taking PrEP

    Good News for Australians taking PrEP for HIV prevention.

    People taking PrEP are now eligible for the full range of Life Insurance products stigma-free: if you know specialist Financial Advisor Drew Browne, the person behind unusualrisks.com.au

    PrEPThis means people using PrEP can get a full range of insurance covers;

    All policies are now available to Australians taking PrEP - stigma and attitude free - through the specialist financial advisers behind unusualrisks.com.au

    So what is PrEP?

    You may have already heard about PrEP or perhaps you're looking for more information about how it affects your chances of getting Life Insurance or Income Protection cover?

    Either way, PrEP is a medical breakthrough that's already playing a vital role in the efforts to End HIV by 2020.  Now the medication is listed on the PBS (Pharmaceutical Benefits Scheme), just about anyone can now get on it.

    Taking PrEP is a highly effective medication for preventing exposure to HIV.

    • PrEP is an acronym that stands for pre-exposure prophylaxis. It involves HIV-negative people taking antiretroviral drugs to protect themselves getting HIV and prevent HIV infection – in just one tablet a day.
    • PrEP is, as the name implies, a pre-exposure strategy, unlike post-exposure prophylaxis (PEP), which is taken after potential exposure to HIV has occurred.

    In a nut-shell

    • Pre-Exposure Prophylaxis (PrEP) or technically more accurately, HIV Pre-Exposure Prophylaxis (PrEP), simply refers to the regular use of HIV medications by HIV-negative people to prevent them from acquiring HIV.

    • Studies also show it helps lower HIV- anxiety among its users. *JAIDS Journal 11.2019

    Who is taking PrEP?

    Whether exposure to HIV is through sex or needlestick injuries, there are many people using PrEP to prevent them from being exposed to HIV and taking control of their sexual health and future well-being. 

    • Studies show PrEP is effective but the uptake of PrEP has been slow with research showing that's partly due to Stigma and Discrimination concerns - something the team at unusualrisks.com.au understands and provides a complete solution for when you need to apply for Life Insurances or Income Protection.

    In Australia, lots of people use PrEP for lots of reasons

    • Some sexually active gay and bisexual men, transgender people and heterosexual people with an HIV positive partner who doesn't have an undetectable viral load, are part of the population groups at higher risk.
    • Similarly, Medical Professionals, Police, Fire, Ambulance and Emergency Services Workers are all at higher risk of occupational exposure to blood-borne viruses through sharps and needlestick injury.

    Real Life statistics

    • In Australia, approximately 30 needlestick injuries (NSI's) per 100 beds occur per year.
    • At least 18,000 healthcare professionals suffer from an NSI every year.
    • And 80% of reported NSI's involve a contaminated needle. The Alliance for Sharps Safety and Needlestick Prevention in Healthcare

    Research shows that the medication used for PrEP is highly effective at preventing HIV transmission among these population groups.

    You can learn more about PrEP here.

    What's the problem with PrEP and getting Life Insurance?

    Up until now, Australians taking PrEP have faced uncertainty, stigma and discrimination from Life Insurance companies towards the use of PrEP (and routinely find they also have to be the educator about PrEP).

    • People applying for insurance through online comparison websites report completing the application with full lifestyle and medical disclosures, only to feel insulted when a formal decline is issued due to 'lifestyle considerations'
    • People applying for insurance in their Superannuation fund report being routinely knocked back (and usually after having to disclose a full medical and lifestyle history) as the insurance provider doesn't 'deal with PrEP users'.

    Most insurance companies and super funds simply do not provide underwriting for people with unusual occupations, hobbies, pastimes or lifestyles - if you get what we mean.

    That's why people use the expertise of unusualrisks.com.au to get their insurances sorted - stigma-free.

    How have Life Insurance companies treated people taking PrEP?

    The New York Times broke the story of Dr. Philip Cheng, a urologist in Boston taking PrEP and being denied full insurance cover until he stopped taking, Truvada (the pharmaceutical brand name for PrEP) to prevent HIV infection.

    • Many people applying for Life Insurances when disclosing they are taking PrEP to prevent them from being exposed to HIV have found themselves discriminated against and received forced formal declines on insurance applications for Life Insurance or Income Protection cover.

    When American News is not accurate or helpful for Australians

    Today as many people get their news from the internet, the growing risk is it may not always be relevant in Australia.

    • Many American Life Insurance companies take a discriminatory approach to how they underwrite the use of PrEP and outright deny any form of insurance coverage.

    • Many Australian Life Insurance companies and Superannuation Funds formerly decline applications for insurance by people using PrEP and discriminate in a similar way against people with well managed HIV or Diabetes.

    Good news for Australians taking PrEP

    The good news is Australians using PrEP and who need Life Insurance or Income Protection, now have a clear pathway to getting their cover sorted - stigma and discrimination free - through unusualrisks.com.au

    Where to Now?
    Continue your journey…


  • Life Insurance

    If you're thinking about life insurances, chances are you have something worth protecting.

    These days HIV or diabetes doesn't have to be a life sentence

    But most insurance companies still treat you like it is.

    People with pre-existing well‑managed complex health conditions have, up till now, been prevented from accessing quality Life Insurances and Income Protection cover, simply because of their conditions.

    Explaining Life insurance cover

    Life insurance (also called term life or death cover) is designed to protect against the financial impact of unexpected death and pay a specified amount of money to your beneficiaries, helping to make sure they’re looked after in the event should that occur.

    • The benefit payout is either paid to the owner of the policy, your nominated beneficiaries, or your estate.
    • High-quality life cover can also payout upon diagnosis of a terminal illness in the final 24 months.

    Practically speaking - don't leave your debt to people you love

    Case Study

    Meet John and David: partnered and paying a large mortgage together.

    David’s $1.5 million life insurance policy will ensure his partner John is cared for in the event of an unexpected death or terminal illness, and the amount of cover is sufficient to pay off the mortgage and provide funds to invest to help replace David's income too.

    • After driving home from a work event,  David is injured in a multi-vehicle car accident,  suffering a heart attack and passed away.
    • His life insurance payout meant his partner John could remain in the family home they’d renovated together, could pay off the remaining mortgage, could continue to live close to their established network of friends and family of choice in the community they had both contributed to and live the lifestyle they had designed together.

    It allowed John to face an unexpected major life change with the backup of significant financial options.

    Why you may need life cover

    Life insurance becomes even more important if you have people who rely upon you financially or if you have debts that need to be paid out upon your unexpected death.
    Most people don't know that 30% of all life insurance payouts have been for terminal illness

    Expenses to protect could include:

    • How much would be needed to pay off all your debt upon your unexpected death?
    • How much would your surviving partner (and any dependents) need to pay living expenses?
    • How much do children need to complete education and how will this be funded?
    • If you unexpectedly passed away, would you want your partner to need to downsize and move to a cheaper location?
    • Would you want them to have the stability of being able to remain in a familiar environment and help any children complete their education with the advantage of having a parent at home to look after them?
    • And what are the practical cost for end-of-life expenses and how will this be funded?

    Real Life Statistics

    • 30% of all life cover claims are for terminal illnesses.
    • 43,477 deaths were attributed to cardiovascular disease in Australia in 2017 and kills one Australian every 12 minutes. Australian Institute of Health and Welfare – Injury, June 2017

    This is not just about getting a Life Insurance policy, this is a human rights issue.

    We believe that every Australian should have equal access to high-quality Life Insurance products, no matter what their sexuality, gender, race, age or beliefs. We believe this is not just about getting Life Insurance, this is a human rights issue.

    Life Insurance can help you be certain your loved ones are provided for; your child's educational needs are taken care of and your chosen family won't have to worry about their future if you’re not there to continue to protect and provide for them.

    When does life insurance payout?

    Life insurance will normally payout upon the death of the life insured and can help their dependants cope financially after you die.

    Many people don't know that high-quality life insurance can also pay out upon the diagnosis of a terminal illness in the remaining 24 months, as well making it a strong part of a backup plan.

    A sad but all too-common experience

    Often, when a couple establishes a life insurance policy to protect each other, one person has their application accepted, but the other is refused because of a pre-existing health condition.

    Both are left feeling that a wedge has been driven between them and that their needs and choices were not understood, honoured or valued.

    At Unusual Risks Insured our mission is to change this and be the change we want to see in the world.

    How it works together with other insurance covers

    This is how Life Insurance works alongside Disability Insurances

    • Life Insurance can also payout upon a Terminal Illness in the last 24 months.
    • Approximately 30% of all life insurance payouts are for terminal illnesses.
      • This is referred to as a payment in advance and can be a significant financial help during the most difficult of times.
    • Crisis Recovery insurance is designed to pay an immediate lump sum to help offset unexpected medical expenses and help you maintain your financial liquidity in the event of an unforeseen (and usually expensive) medical crisis specified in the policy. This can help stabilise debt obligations and boost your personal cash flow at a time when you are focused on recovery.
    • Income Protectioninsurance 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.
    • Total & Permanent Disabilityinsurance is 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.

    Life insurance can provide a safety net for you today against terminal illness and provide for your family tomorrow.

    Questions people ask about...

    General Questions people ask about Life Insurance

    Take a look at some quick questions people ask about Life Insurance.

    What is it?

    The basic premise is simple:

    • Life insurance gives you peace of mind while you're alive, and financial support for your loved ones when you're gone.
    How it helps you

    Life insurance can make a huge difference for you, your partner and your family, not just financially but emotionally too.

    What's the chance of needing it?
    • There is a 1 in 10 chance of needing to claim for Life insurance or Terminal Illness.

    Setting up a life insurance policy sooner, rather than later, will give you immediate security, more options and flexibility you'll need in the future.

    Do I need Life Insurance?

    Most probably, Yes.

    It's something you should have if there are people in your life depending on you for everyday living expenses, renting a home or paying a mortgage and other major debts, protecting a family and even funding education costs or helping aging parents heading for retirement.

    If you expect to have someone in the future who will be depending upon you, you might like to get things sorted now while you have confidence you can qualify for a life insurance policy.

    Where to Now?
    Continue your journey…


  • Modern Family Insurances

    We understand that today's modern families can be biological or logical

    They can also include:

      same-sex couples
      same-sex parents
      one-parent families
      extended families
      blended families
      co-parented families
      gender neutral families
      families with carers
      people living apart together (TLAT), and even
      traditional parents with kids

    For someone living with pre-existing medical conditions like HIV or diabetes, a family can even extend to a network of close friends.

    However you identify and whoever is family to you, we believe no one should miss out.

    No one should miss out

    While our anonymous online pre-assessment is designed for people with well-managed HIVor diabetes, we understand that you might be here at our website because of different reasons too.

    If you're HIV negative or non-diabetic

    • you're HIV negative and have a partner, friend or relative who is HIV positive
    • you're non-diabetic and have a partner, friend or relative who is a diabetic
    • or if you're living with another complex health condition or caring for someone who is

    whoever you are, we'd love to work with you too.

    How can we help you?

    We find that generally, people want to be responsible.

    • When given the opportunity and the tools they rise to any challenge and actively look for ways to help protect and provide for their loved ones.

    Advice and help for everyone

    We can provide helpful advice and strategies about ways to protect and provide for your Modern Family - whoever that is to you - covering:

      Life & Terminal Illness protection

      Income Protection protection

      Medical Crisis Recovery protection

      Total & Permanent Disability (TPD) protection

    And a full set of personal insurance solutions for Self Employed people and those with high privacy needs.

    Advice and help for those practical issues like

      Transferring & Managing Existing Life Insurance Policies to consolidate and manage for you

      Updating & Managing Beneficiary Nominations for life insurance and super

      Establishing Life Insurances for Intended Parents and Surrogates

      Establishing Key Person Protection for Non-for-Profit registered entitles

    Advice and help for business people

    Business Ownersand their families often have additional needs not usually catered for in their personal insurance strategies.

    We can help you fix that with helpful advice about:

      Specialty Business Key Person and Debt protection

      Specialty Business Fixed Expenses protection

      Specialty Business Owners and Professional Partnerships protection

      Specialty Business Owner and Partnership continuation and succession protection

    The information you find on this website will give you a good understanding of insurance and related products and services available for people with pre-existing medical conditions.

    Where to Now?
    Continue your journey…


  • Sharpes Insurances for Medical Professionals

    Caring for caring professionals. 

    Blood Borne Disease Insurance compensates you if you contract HIV, hepatitis B or hepatitis C due to a sharps injury while working in your regular occupation

    Hospitals, surgeries, clinics and accident sites are often high-pressure, fast-paced environments where sharps injuries to medical professionals occur all too frequently.

    • A needlestick or sharps injury (NSI) can also have a devastating impact on your long-term income earning capacity

    White-collar professionals are often highly paid and highly leveraged, so they need a comprehensive insurance strategy to safeguard what they have worked hard to achieve.

    Accidents do happen

    Watch Donald's real-life story below of how a trauma nurse experienced an accidental needle stick injury.

    Do you have your own Blood Borne Disease insurance in place?

    Often the main reason medical professionals don't have the appropriate insurance in place is due to its complexity. It also takes time and expertise to understand how a bloodborne disease (BBD) can have a devastating effect on both your health and your ability to continue to earn an income.

    • Remember that each professional association and governing body may have additional reporting and special requirements that have to be followed after suffering a sharps injury (or blood spatter event) that can have wide-ranging effects on your career.

    We understand the needs of medical professionals and can help you protect yourself, your family and even your business partners from the financial consequences of work-related injury.

    The Unusual Risks Insured solution for busy and remote professionals

    unUsual Risks Insured have flexible face to face, phone to phone or online only solutions to meet these challenges and to provide absolute confidentiality when needed too.

    • This also means we can work easily with remote clients in different time zones.

    Australian nurses and healthcare workers suffer an estimated 18,000 needlestick injuries a year*

    *Cathryn L. Murphy, RN, PhD, CICP, CIC Improved surveillance and mandated use of sharp with engineering sharp injury protection: A national call to action. Healthcare Infection 2008.

    Blood borne disease insurance cover can provide lump-sum cover between $50,000 and $1 million for medical professionals (dentists, doctors, nurses and paramedics) and for people working in some other at-risk occupations (such as police and pathologists) if they contract HIV, hepatitis B or hepatitis C due to an accident while working in their usual occupation.

    This type of cover can be put in place alongside a typical life insurance policy and covers Bone Dust and Blood Splatter events.

    Read our case study about Needle Stick Injuries Naomi, nursing, needlestick and sharps injuries.

    Real Life Statistics

    • In Australia, approximately 30 needlestick injuries per 100 beds occur per year.
    • At least 18,000 healthcare professionals suffer from an NSI every year.
    • And 80% of reported NSI's involve a contaminated needle. The Alliance for Sharps Safety and Needlestick Prevention in Healthcare

    Managing the emotional risks

    Occupationally contracting HIV or hepatitis B or hepatitis C can cause emotional significant distress and career consequences that, in turn, can create financial anxieties for you and for those who depend on you.

    • Such stresses may have a real impact on your ability to keep working in order to provide for your family and/or run your business.

    Confidentiality concerns may further complicate the issue while professional body memberships and requirements may trigger consequences not previously envisaged.

    Managing the financial risks

    For medical professionals, a work-related injury could mean a long illness and or particular restrictions on the types of duties you can continue to perform at work. Some specialists can even be prevented from working in their chosen field.

    • All of these events can have devastating effects on your personal financial situation that could rapidly turn a comfortable financial position into a desperate one.

    We have a powerful supportive option to this problem

    Where to Now?
    Continue your journey…


  • Total & Permanent Disability Protection

    The better we protect the people who are important to us, the better our lives are.

    Total and Permanent Disability insurance (often called TPD for short) is designed to protect against long-term disability and pay a lump sum(or in some cases by installments) if you become permanently disabled, as defined in the policy.

    • Generally, a permanent disability means you can’t work in your current occupation or in a job you’ve already trained or studied for, or previously worked in.
    • Importantly the minimum waiting period is 6 months before any payment is available.
    • It’s important to carefully read the fine print in these specialty policies because different definitions usually apply to TPD insurance.

    Your financial advisor from Unusual Risks Insured is the expert to best help you understand your options and how to ‘sift through the rocks to find the diamonds’.

    Practically speaking - "don’t let disability ruin the rest of your life"

    Case Study

    Meet Tina and Garry: both parents and positive. Their overseas holiday of a lifetime to the snow turned into a nightmare when a skiing accident left Garry with a serious spinal fracture, two broken wrists, and now facing the possibility of life in a wheelchair.

    • Apart from dealing with the shock to the family, the couple had to contend with the cost of multiple surgeries, rehabilitation and completely modifying their home and car for Garry.

    Because they had sufficient levels of high-quality TPD insurance cover in place, they were able to pay out the remaining home mortgage, pay for modifications to the house and car, pay for world-class rehabilitation, and even advanced medical gene therapy. There were even enough funds for Tina to reduce her work hours to part-time for a year, and still meet the family living expenses while helping Garry adjust to a new life.

    Why you may need TPD cover

    Our greatest asset is our ability to continue to earn our income.

    Most Australians just don't have enough savings or backup resources available to protect their lifestyle if they suffer a permanent disability.

    • If you were unable to work, how would you afford to pay your living expenses?
    • How would you afford the new and ongoing medical costs associated with serious illness and injuries?

    TPD insurance can provide the funds to pay off debts, pay for medical treatments, and maintain your lifestyle while you focus on adjusting to what may be a very different lifestyle after a significant accident or illness.

    It’s especially relevant for:

    • people with partners (and dependents) - particularly if you’re a one-income-family
    • people who are financially responsible for a special needs sibling, aging parents, or managing a long term medical condition
    • people with mortgage debt or paying large rent, who have debts that couldn't be paid out from savings alone

    Real Life Statistics

    • In Australia, a person suffers a stroke every nine minutes and there are an estimated 475,000 stroke survivors living in our communities. National Stroke Foundation
    • Almost half a million Australians 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

    How it works together with other insurance covers

    This is how Total and Permanent Disability insurance works alongside Income Protection and Crisis Recovery insurance.

    • Total & Permanent Disability 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.
    • Income Protectioninsurance 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.
    • Crisis Recovery insurance is designed to pay an immediate lump sum to help offset short-term unexpected medical expenses and help you maintain your financial liquidity should you suffer a medical crisis specified in the policy, to help stabilise debt obligations and personal cash flow.

    Together they can protect you against long-term permanent disability and short-term interruption in your ability to go on earning your income. When you meet the conditions of both insurances you can receive both benefit payments

    Questions people ask about...

    Total & Permanent Disability insurance (TPD)

    What is it?

    Total and Permanent Disability protection (TPD for short) can provide protection against total and permanent disability by providing you a lump sum of money to make lifestyle modifications in case you become disabled and can never work again.

    How it helps you

    TPD is the ultimate long term peace of mind for you, your partner and your family's continuing financial independence.

    What's the chance of needing it?
    • There is a 1 in 20 chance of needing to claim for Total & Permanent Disability (TPD) insurance

    You can use this money to cover your medical and rehabilitation costs, as well as any future expenses, which may also include modifying your home or car.

    Do I need Total & Permanent Disability insurance?

    Most probably, Yes.

    TPD insurance is usually bundled with Life Insurance and usually covers a range of significant disabilities that can include hearing loss, loss of sight, mental health disorders, speech impairment, as specified in the policy.

    TPD policies either offer cover if you can no longer work in your usual job (own occupation) or may only cover you if you can't work in any job at all (any occupation).

    Premiums, terms and conditions will vary according to the definitions used in the insurance contract, so you'll need professional guidance before making any decision.

    Where to Now?
    Continue your journey…


  • Transfer & Manage My Existing Policy Service

    Can we take over the ongoing management of an existing life insurance policy for you?

    Yes, we can.

    This is one of our most asked about questions.

    The next most commonly asked question we're asked is;

    'Can you tell me if my existing policy actually covers me for a particular medical condition?'

    And Yes, we can do that too. (And we actually do a lot of that by the way).

    Are you one of the thousands of Australians who have lost track of their personal insurance policies?

    Do you have an existing Life Insurance policy, Income Protection policy, or perhaps a Super account providing insurances you've lost touch with?

    • Not sure what your old insurance policy actually covers, if it's still value for money and meeting your needs?
    • Maybe you have some concerns about its wording, cover limitations, possible exclusions, and whether it will actually pay out if needed?
    • Perhaps your health or personal circumstances have changed since you first took out these insurances and you're not really sure where you stand?
    • Maybe you feel it's just time to move on and start working with a Specialty Adviser like unusualrisks.com.au who's more aligned with what you value?

    If this sounds like you, it sounds like you could benefit from our second opinion and discrete Transfer & Manage My Insurance Policy Service.

    We can manage the transfer of neglected insurance policies when your provider has forgotten about you (or worse still - simply abandoned you).

    Sadly, this is a common and frustrating problem for many people. Advisors leave the industry, businesses are sold and closed and people lose touch for many reasons.

    It's the cause of many constant low-level irritations afflicting busy people already juggling busy lives and responsibilities.

    Relax. We have the solution

    Our Transfer & Manage my Insurance Policyservice can take over the day-to-day management of any life insurance policy already in force and manage them all under a single agency for you, with absolute security, privacy, and discretion.

    We can also provide additional professional insights and advice on;

    Who uses our Transfer & Manage Service?

    There are five (5) main types of situations where people use our Transfer and Manage Service

    1. People who feel disconnected from their current financial adviser (perhaps they left the industry)
    2. People who have specialty medical conditions and uncertainty about whether an existing policy covers that condition.
    3. People who feel overwhelmed by the paperwork, and jargon and want an expert to sort it all out for them.
    4. People who have decided they're better off using a specialistfinancial adviser with a deeper level of expertise they feel more aligned with.
    5. People who see the value in having their own specialty adviser looking out for them and their family's interests first.

    Why do people use our Transfer & Manage Service?

    Since the last damming report of The Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry, many people are now using our Transfer and Manage Service to get the clarity they need on existing insurance policies and to have us manage them all in one place.

    • Citing concerns over potential conflicts of interest, more and more people are moving away from financial services providers who are either owned, backed or franchisees of major financial institutions
    • People today are simply no longer prepared to support a business with a history of putting the commercial interests of their shareholders before the best interests of the customer.

    How to use our Policy Transfer & Manage Service

    There are 5 Steps to regaining control over a lost or abandoned policy using our Transfer & Manage Service.

    1. If you still have a copy of your original policy statement, grab it and look for the policy number (or member number). If you don't, relax, we can trace it if you provide us some basic information too.
    2. Send us the details (or a scan of the document).
    3. We'll send you back a pre-completed form to sign confirming you give us permission to make discrete inquiries on your behalf.
    4. We'll find out what you need to know and give you some options.
    5. When you're ready, we can take over and manage your policy for you.

    Where to Now?
    Continue your journey…

  • Update My Life & Super Beneficiary Nomination Service

    Can we manage your Life Insurance and Super fund Beneficiary Nomination for you?

    Yes, we can.

    This is another one of our most asked about questions.

    Understanding how to keep track of your insurance policy nominations can feel a little like rocket science.

    You probably already know that when you take out a typical Life Insurance policy, you have the option to nominate anyone you like as the beneficiary(s) to the policy, so they can receive any future payout if you unexpectedly pass away.

    • Standard Life insurance payouts are usually paid tax free to your nominated beneficiary.

    But did you know that if the Life Insurance policy is paid from a super fund, you are restricted to who you can nominate as a beneficiary, and there may be significant taxation complications too?

    Are you one of the many people who have lost track of their beneficiary information?

    Do you have an existing Life Insurance policy or perhaps a Super account with insurance you've lost touch with?

    • Maybe you haven’t nominated a beneficiary to your life insurance policy or super account?
    • Have you forgotten who you did nominate and now need to update your wishes?
    • Did you nominate a previous partner from a past relationship and now need to (urgently) update your nomination instructions?
    • Have you recently divorced or separated, or
    • You may have forgotten a binding nomination needs to be renewed every three years?

    If this sounds like you, it sounds like you could benefit from our Update My Life & Super Beneficiary Nominations Service.

    Making a beneficiary nomination is separate to making a Will

    Making a beneficiary nomination is something you can do today that will make a significant difference to your loved ones. It can give your chosen beneficiary a level of protected financial security outside the reach of any relatives and biological family members who may try and challenge a Will and seek to erase your partner's rights.

    • If you're one of the 76% of Australians who don’t yet have a Will, the government usually appoints an administrator and applies its own set of rules (called Rules of Intestacy) to decide who gets what in your estate – and you probably won’t like those rules.
    • To make matters worse these Intestacylaws are not uniform Australia wide so it’s a bit of a hit-and-miss affair and can become a source of heartache and sorrow for the modern Australian Family.

    Why everyone needs to make a beneficiary nomination

    Most people know that a Will takes care of your estate assets; like a house, vehicle, personal assets and artworks and collectibles etc.

    • What many people often don’t know is that Life insurance payouts and Super account payouts are usually considered non-estate assets and therefore do not form part of your Will and the assets it controls.
    • This means if something does not form part of your estate, it's not covered by your Will — and cannot be challenged with your Will.

    Who can I nominate as my Life Insurance beneficiary?

    Anyone you want.

    Who can I nominate as my Super Life Insurance beneficiary?

    Your super can only be paid out to an eligible beneficiary.

    An eligible beneficiary is either a dependent, a financial dependent or your legal representative (ie: the Executorof your Will or Administrator if you have no Will, for your estate).

    • Dependentscan include your spouse or de facto partner (regardless of gender), your children (biological, adopted, step and ex-nuptial), or someone (regardless of gender) with whom you have an interdependency relationship. In most cases, siblings are not considered dependents for super purposes unless financially dependent upon you.
    • You can also leave your super to a financial dependent, which may include someone who relies on you to meet daily living expenses such as rent, utilities and household outgoings. This also covers anyone who shares your major financial commitments such as mortgage

    Pro Tip:
    To be able to prove a person is financially dependent upon you and eligible to receive your super death payout tax free, they have to show they are ‘financially dependent' upon you - at the time of your death.

    Without expert assistance from the specialists at Unusual Risks, this can be very difficult.

    Practical Issues many LGBTQIA+ people face

    Not everyone is Out, fully Out or wants to be or safely can be

    • So often the most significant people in our lives, are not always legally known and adequately provided for in either our Life Insurance policy or Superannuation account beneficiary nominations. This is usually because nobody has taken the time to show us how to make provision for the people we love and protect our privacy at the same time.
    Almost half of all gay, lesbian, bisexual and transgender people hide their sexual orientation or gender identity in public for fear of violence or discrimination. Many never tell their financial adviser they have a same-sex partner.

    Some people in the LGBTQIA+ Community have complex past relationships

    When past relationships have ended, sometimes it can take longer to unwind ourselves from their effects and we simply may have forgotten to update our legal documents and policy nominations.

    • Because Life Insurance and Super account payouts are not automatically included with your Will (the technical term is non-estate asset) nominating your Life Insurance and Super account beneficiary directly can be a powerful way to keep funds outside your Will and away from the reach of those who may seek to challenge your Will and estate later.

    If you've changed Partners since your last nomination was made and you haven't yet updated your nomination, your former partner (and not your current one), could be entitled to the balance of your super fund payout.

    More complex issues LGBTQIA+ people face

    • If you're a Co-parent of non-biological children and not living with them, additional legal advice might be needed as the child of a lesbian co-mother or gay co-father will have to prove financial dependence.
    • If you're part of a couple who are Living Apart Together you might not qualify under these definitions and additional legal advice might be needed.
    • If you're part of a Polyamorous relationship, you might not qualify under these definitions and additional legal advice might be needed.

    Let's face the truth about discrimination and intolerance in many biological families

    Each LGBTQIA+ person may have differing levels of support from their own biological family.

    • Often LGBTQIA+ people need to take special actions to protect ourselves and our partners from our biological families.
    • Sadly, many LGBTQIA+ people have biological families who are not supportive or just downright homophobic, biphobic or transphobic.
    • Many biological families have rejected their LGBTQIA+ family member (either as a child or adult child) and are selectively intolerant, and even hostile towards their family member's partner and family of choice.

    Some may even seek to deny next of kin rights to our partner or even attempt to erase our existence or our partners existence, should we unexpectedly pass away.

    Where there’s a Will, there’s a relative

    We have seen some straight families who appeared initially supportive of their LGBTQIA+ children, change overnight when opportunistic siblings decided to challenge their absence in a Will, after their LGBTIQ+ relative unexpectedly passed away.

    • It’s fair to say, not everyone behaves their best when facing grief, and money.

    Case study – past relationships (and paperwork)

    Terry separated from her former husband and took the children interstate to start a new life in a same-sex relationship leaving her old life behind in a small narrow-minded country town.

    The eventual divorce was traumatic as was the move interstate away from her support network of friends and her children began to experience difficulty integrating into a new school and explaining the fact of them now having two mums.

    • In the busyness of their new beginning, Terry simply forgot to update the beneficiary nomination in her life insurance policy. It wasn’t until her partner Francine was reading a blog article from Unusual Risks Insured about Super Beneficiaries and started the conversation across the family dinner table.
    • It came as a shock with the realisation that by not making a replacement beneficiary nomination, Terry’s former husband was still listed as sole beneficiary to Terry’s super fund balance - which included $1,200,000 of Life Insurance cover.

    The following morning, Terry transferred her existing life insurance policy to Unusual Risks Insured to manage for her using the Transfer & Manage My Existing Life Insurance Policy service and immediately updated her Life Insurance Beneficiary nominations naming Francine and the children as sole beneficiaries.

    A potential disaster was averted, and a new relationship was protected. With this issue now off their mind, they can work together to help the kids settle down into a happier life.


    Why do people need a beneficiary nomination service?

    Life is busy and navigating relationships can be complicated.

    Add to this the ever-changing tax laws and you can accidentally find yourself leaving a Life Insurance policy payout to someone you no longer want to. And you can also forget to make allowances for the potential tax bill involved.

    Relax. We have a solution for these types of problems.

    • LGBTQIA+ people are often faced with each partner having differing levels of support from their own biological families and each partner may have a different level of comfort about being Out or not.
    • This imbalance can feel particularly uncomfortable when it comes to speaking with biological family members or considering speaking with a Financial Adviser for the first time.

    Getting your beneficiary nominations sorted is just one more thing you can do to bring more certainty and equality to your relationships, and at Unusual Risks Insured, we’d love to help you with that.


    Where to Now?
    Continue your journey…

  • What's on Offer

    So what type of insurance is on offer?

    Today, everything

    When Unusual Risks Insured first started making specialty insurance available to people living with HIV and other chronic manageable health conditions, only Life Insurance cover was available usually with restrictive terms and conditions.

    Over the years and after an immense amount of working with the international re-insurance teams, we are now proudly able to say, all types of insurance cover is open to all our specialist clients - and all through our enhanced privacy management process and health pre-assessment system.

    The Good Stuff!

    We believe the highest quality personal insurance products are the ones that clearly indicated what they do and do not cover upfront and who complete all their underwriting and assessments during the initial application; not left, or deliberately postponed until claim time.

    This means there are no hidden agendas, problems or extra work required during the most important time of the policy – claim time.

    • In a perfect world, everyone has access to the highest quality insurance available and the best risk advisers
    • But we don’t live in that perfect world yet so different types and levels of insurance cover are used to best meet the different needs of people

    Whether it’s a ‘best to budget' scenario, ‘take whatever I can get’ scenario or you want to ‘top up your existing cover' to protect the new mortgages or celebrate the arrival of a new member to the family – we can help you get through this minefield safelywith your dignity and privacy intact.

    Our expertise includes strategy, helpful advice and access to

    Helpful advice for Everyone:

    Helpful advice specifically for Business Owners

    So what's 'not' the good stuff, we hear you ask?

    Some insurance companies have taken a token approach to insuring people with HIV and provide 'time-limited' life insurance policies.  These low grade cut-down policies were designed, some would say, to take commercial advantage of people who could least afford to run the risk of never being able to claim on them because of their deliberately designed time-limited structure.

    • A time-limited policy is an outdated policy that lasts for a 5 or 10 year period only - then are effectively canceled when the term finishes
    • Similar to a car insurance policy, these time-limited policies have to be reapplied for at the end of the contracted period when the acceptance criteria goalposts can be moved by the insurance company at will.
    • Fresh medical, lifestyle and occupational assessments are required with no certainty of being eligible for cover.
    • Any policy that specifically excludes HIV.

    Thats why the team at Sapience Financial built the specialty brand unusualrisks.com.au - to be the change they wanted to see in the world.logo of our parent company Sapience Financial We believe that people deserve better, but better was difficult to find for the average person.

    Did you know some insurance premiums can be paid from a Super fund?

    A cost-effective way to pay the premiums for your personal insurances, like Life, Income Protection and TPD insurance is either automatically from a Superfund or split between Super and Personal payments?

    Talk with us more about your options when you're ready.

    Where to Now?
    Continue your journey…


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

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

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Watch our Fun Explainer Videos

Explainer Video Dave life of the party - Unusual Risks Insured

Dave | Life of the Party

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

George| Experienced Logistics Manager

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Explainer Video Modern Families - Unusual Risks Insured

Modern Family Insurances

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Explainer Video Naomi, needlestick insurance - Unusual Risks Insured

Naomi | Nursing, needlestick & sharps injuries

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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.


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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

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