Life insurance for the young and healthy

The best thing about being young and healthy when applying for insurance cover is that premium rates are generally lower, with potentially less underwriting requirements.

Also, the likelihood of having exclusions or premium loadings applied or being declined is much lower than that of someone older, since younger people tend to have less health issues.

As a person ages their health is (generally) more likely to decline, which would increase the risk of having exclusions or premium loadings applied if they apply for insurance later in life.


It is estimated that 1 in 2 Australians have at least 1 of 8 selected common chronic conditions :

arthritis, asthma, back pain, cancer, cardiovascular disease, chronic obstructive pulmonary disease, diabetes and mental health conditions.

Collectively, these conditions accounted for 61% of the total disease burden in 2011 and contributed to 87% of deaths in 2015.Australia’s health 2018.


Please note that information in our news feeds are  general information and you should not act on it, or rely on it, without obtaining personal advice.  To find out the insurance options that may be best suited to you, contact us here. Always read the product disclosure statement issued by an insurer before considering to take out insurance.