Insurance with a History of Alcohol or Substance Abuse

Drug and alcohol abuse are issues that many Australians from all walks of life struggle with.

Ultimately, the addiction to substances is a form of disease, and disease doesn’t discriminate among which people in the community it can impact.

Our team at Special Risk Managers understand life can have many twists and turns, and the most important thing in effectively dealing with addiction is turning the page, and making a strong recovery.

We believe in supporting that goal, and that’s why we’re always pleased to provide a clear-cut overview of the paths available to obtaining a life insurance policy for Australians recovering from substance addiction

Can I Get Life Insurance or Income Protection If I Had a Substance Abuse Problem in My Past?

Many circumstances are considered when it comes to assessing your life insurance application.

Many of these considerations can be pretty straightforward and clear-cut, such as your age, and whether you currently hold a job which features a high level of risk.

Other factors are more complex, and assessing a life insurance application following a substance addiction will require a number of in-depth questions. These will typically be surrounding your health your addiction and treatment history, alongside whether you have any other existing health issues that are related to your former substance abuse. The substance to which you were addicted will also play a part in the assessment processes, with some drugs being seen more favourably in the eyes of the insurer than others.

It will also need to be considered how long it has been since your recovery journey began. Someone who has recently recovered from a substance abuse problem in the past year will be assessed in a different criteria compared to someone who began recovery over 10 years ago.

Finally, it is crucial to determine whether or not the drug or alcohol abuse has resulted in last damages to your health. Unfortunately, it is not uncommon to see significant health issues arise as a result of a sustained period of drug or alcohol dependency, further complication the process of obtain insurance.

Once this process is complete, your application for life insurance and income protection can then be assessed.

Although finding the right cover for your condition can be difficult, it’s not impossible. At Special Risk Managers, we’ll help you determine your life insurance and income protection options with a history of drug or alcohol abuse.

Call us on 1300 665 356 to get started.


Drug/Alcohol Questionnaire


What Happens If I Have a Relapse?

When you originally obtain your life insurance policy you are assessed on your life history up until that point. That means if you have a life insurance policy approved, it is presumed your life circumstances will by and large remain the same.

If they change in a way that would be an alteration of the original terms in which you agreed to your life insurance policy, then it is expected you would notify us immediately, or else the policy could later be found void. In event you have had a relapse into addiction, it is necessary to notify us as it would be an alteration of terms.

This said, depending on the agreed conditions of your original life insurance policy it is possible numerous options will be available concerning how to best resolve the issue and proceed on. That’s why in event a relapse occurs it is always essential to notify us ASAP to ensure this process can progress properly.

Making a New Start with Special Risk Managers

We understand life has many chapters, and recognise closing the book on difficult one is a terrific achievement, and we’re there to support you as you seek to make a new beginning.

So if you’re an Australian recovering from a drug or alcohol abuse issue and now wish to obtain life insurance with Special Risk Managers? We invite you to contact us to discuss your new chapter.