Historically, life insurance, TPD insurance and income protection options have been very limited when it comes to police officers. However, there may be some options and policies available that can be significantly more flexible than the default ‘group protection’ plans that the government or your super fund may provide.
Recent developments and improvements to product offerings have meant that a some police officers are now eligible for life insurance, income protection, disability insurance and trauma insurance. It is important to note that these changes are in reference to office based police officers. Options for police officers that operate outside of the office are unfortunately still very limited.
Different roles in the police force carry with them differing levels of danger and risk. As a result, there are a handful of police duties that are ineligible for both life insurance and income protection.
Roles in the police force that are ineligible for income protection and disability insurance generally includes the following: Motorcycle police, Bomb disposal, Special Operations, Wingman, Pilot, Diving as well as Search and Rescue.
It is important to remember that those who are ineligible for income protection and disability insurance could well be insurable for both life insurance and trauma insurance.
At Curo Financial Services, we pride ourselves on being able to utilise our many years of experience to achieve the best possible out come for you, our clients. Our executive level relationships at many of Australia’s top life insurance companies allows us to deliver results to our clients that far exceed their expectations. As a result, it is vital that you speak to us before coming to the conclusion that you are uninsurable, you could be pleasantly surprised.