Life Insurance for Alzheimer’s Sufferers

Will your life insurance policy cover Alzheimer's disease?

Most life insurers in Australia will provide you with a benefit should you suffer from Alzheimer's disease. However, conditions surrounding when a benefit will be paid can vary from insurer to insurer. Keep reading to find out more about how life and trauma insurance can provide financial protection for you and your family from Alzheimer's disease.

Speak with an adviser about your options

Is Alzheimer's disease covered by life insurance in Australia?

Alzheimer's disease is the second leading cause of death in Australia, according to ABS statistics. Three in every ten people over the age of 85 and one in ten people over 65 have dementia. Alzheimer's disease can be hereditary. In Australia, Alzheimer’s disease is covered in the following way:

  • Australian trauma insurance policies provide coverage for Alzheimer's disease. Trauma insurance, or also known as critical illness cover, provides protection for individuals who are affected by Alzheimer's disease and other serious medical events.
  • Financial assistance for your dependents. You can provide your loved ones with support by taking out trauma insurance, which can help them with daily living expenses and paying off outstanding debts.

What Australian insurers provide trauma insurance for Alzheimer's disease?

Most Australian life insurance companies will include Alzheimer’s disease as a recognised condition under their trauma insurance policy. However, definitions for a claimable event can vary.

ProviderProduct detailsHow to apply
amp-com-auInsured receives unequivocal diagnosis of dementia with mini-mental state examination score of 24 or less.Learn more
AIA LogoCondition must be confirmed by an approved neurologist or geriatrician. Insured must have significant cognitive impairment to a mini-mental state examination score of 20 or less.Learn more
asteronlife-com-auAlzheimer’s confirmed as irreversible failure of the brains function resulting in significant cognitive impairment.Learn more
BT LogoUnequivocal diagnosis of Alzheimer’s disease with a mini-mental state score of 24 or less.Learn more
comminsure-com-auClinical diagnosis of dementia as confirmed by a consultant neurologist with a Mini-Mental state examination score of 24 or less. Diagnosis must remain permanent and is irreversible. Any dementia related to drugs, alcohol or AIDs is excluded.Learn more
mlc-com-auUnequivocal diagnosis of Alzheimer’s disease that results in permanent failure of brain function with significant cognitive impairment and deterioration of the policy owners Mini-Mental state examination score to 24 or less.Learn more
zurich-com-auIrreversible failure of brain function resulting in significant cognitive impairment. Significant cognitive impairment is recognised as deterioration of intellectual activity to the point continual supervision is required.Learn more

What will an insurer require for a trauma insurance benefit to be paid for Alzheimer’s disease?

As with any claim for a trauma policy, the insurer will require written verification from a certified medical professional in order for the policyholder to be eligible for a claim. This confirmation will usually be from a consultant neurologist or geriatrician confirming significant cognitive impairment.

What is significant cognitive impairment?

Significant cognitive impairment is recognised as deterioration of the policy owners mini-mental state examination scores to 20 or less.

Is Alzheimer’s disease covered by total permanent disability (TPD) insurance?

There are a number of Australian insurers that will recognise Alzheimer’s disease as an event that can be claimed under a TPD policy. Similar to trauma cover, insurers will list different crisis events that will qualify for a TPD benefit if suffered by the insured. Cover for these events is usually available as an additional option. As an example, BT will pay a benefit equal to the insured monthly benefit for total disablement or severe disability benefit for a period of six months from the date the crisis event occurred. The benefit will continue to be paid until the benefit has been paid for six months or the policy expires. If at the end of this six month period the insured person is suffering total permanent disability or severe disability due to the crisis event they have suffered, the insured is entitled to receive the total disability benefit.

Compare quotes for policies with cover for Alzheimer's Disease

Compare Life Insurance or Income Protection Quotes

Please enter your full name
Please enter a valid email address
It's important to give us a valid phone number
Date of Birth
Coverage is the amount of money that you will be paid in the event of a claim. An insurance consultant can help you determine an appropriate amount. Calculator
Provides a lump sum payment if you become totally and permanently disabled and are unable to return to work.
Provides a lump sum payment if you suffer a serious medical condition. Cover can be taken out for 40-60 medical conditions depending on the policy you choose.
By submitting this form, you agree to the privacy policy
Compare Quotes

Compare Life insurance quotes from these direct brands

Details Features
Life Insurance
Life Insurance
Choice of cover options and flexible premiums to suit budget. No lock-in contracts and fast application.
  • Benefit payment of up to $1,500,000
  • Cover for applicants up to age of 65
  • 30 day cooling-off period
Go to site More info
Term Life Insurance
Term Life Insurance
Receive up to $1,500,000 in life cover and pay nothing for the first month. 10% Multi-life discount available.
  • Lump sum cover from $50,000 - $1,500,000
  • $15,000 Cash advance benefit
  • 10% Multi-life discount
Go to site More info
Term Life Insurance
Term Life Insurance
Save 25% on NobleOak life insurance and pay no premium for your first month.
  • Benefit of up to $1,500,000
  • Available for applicants up to 69 years old
  • 21 day cooling off period
Go to site More info

Maurice Thach

Maurice is a publisher for Daily research of Australia's insurance offerings allows him to breakthrough the noise of the many policies out there to uncover what can (and can't) be covered. Maurice hopes to make finding the right insurance easier for all.

Was this content helpful to you? No  Yes

Related Posts

Ask a Question

You are about to post a question on

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Disclaimer: At we provide factual information and general advice. Before you make any decision about a product read the Product Disclosure Statement and consider your own circumstances to decide whether it is appropriate for you.
Rates and fees mentioned in comments are correct at the time of publication.
By submitting this question you agree to the privacy policy, receive follow up emails related to and to create a user account where further replies to your questions will be sent.

Ask a question