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Australia - Life Insurance.

Catherine

Moderator
Obtaining cover for Crohn's for Life Insurance is very difficult.

Industry Superannuation funds usually have 1 unit of life and 1 unit of disability cover as standard. These funds allow you purchase additional units of cover. If the additional cover is purchased within 90 days of joining the fund(check the individual fund) no medical declaration is required.

Some funds also allow you to increase cover after a life events (eg marriage, birth of children, home loan) but the increase must be within a set time of the life events. (60 days) Again check the individual funds wording.

Also check whether the fund has any restrictions on pre-existing conditions.

At this time of I don't know of any life insurance policies, outside of Superannuation Fund which will cover Crohn's Disease as a pre-existing illness.

General Advice Warning

The information contained on this post is general in nature and does not take into account your personal situation. You should consider whether the information is appropriate to your needs, and where appropriate, seek professional advice from a financial adviser.
 
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