Table 3.
Life insurance cover held by respondents and difficulties accessing cover.
| Do you hold the following types of cover? | % | n | ||
|---|---|---|---|---|
|
Life insurance (death cover) (n = 211) |
Yes 46.4% (n = 98) |
Basic cover through superannuation | 38.0 | 35/92 |
| Extended cover through superannuation | 22.8 | 21/92 | ||
| Cover outside of super (obtained before genetic test) | 29.3 | 27/92 | ||
| Cover outside of super (obtained after genetic test) | 9.8 | 9/92 | ||
| No cover | 48.3 | 102 | ||
| Unsure | 3.3 | 7 | ||
| Prefer not to say | 1.9 | 4 | ||
| Total and permanent disability (TPD) cover (n = 204) |
Yes 41.7% (n = 85) |
Basic cover through superannuation | 50.0 | 40/80 |
| Extended cover through superannuation | 23.8 | 19/80 | ||
| Cover outside of super (obtained before genetic test) | 18.8 | 15/80 | ||
| Cover outside of super (obtained after genetic test) | 17.5 | 6/80 | ||
| No cover | 51.5 | 105 | ||
| Unsure | 4.9 | 10 | ||
| Prefer not to say | 2.0 | 4 | ||
|
Income protection/ salary continuance cover (n = 196) |
Yes 33.2% (n = 65) |
Basic cover through superannuation | 47.5 | 29/61 |
| Extended cover through superannuation | 21.3 | 13/61 | ||
| Cover outside of super (obtained before genetic test) | 24.6 | 15/61 | ||
| Cover outside of super (obtained after genetic test) | 6.6 | 4/61 | ||
| No cover | 63.3 | 124 | ||
| Unsure | 2.0 | 4 | ||
| Prefer not to say | 1.5 | 3 | ||
|
Trauma and/ or critical illness cover (n = 193) |
Yes 21.2% (n = 41) |
Basic cover through superannuation | 29.7 | 11/37 |
| Extended cover through superannuation | 16.2 | 6/37 | ||
| Cover outside of super (obtained before genetic test) | 45.9 | 17/37 | ||
| Cover outside of super (obtained after genetic test) | 8.1 | 3/37 | ||
| No cover | 67.9 | 131 | ||
| Unsure | 9.3 | 18 | ||
| Prefer not to say | 1.6 | 3 | ||
| Have you ever had difficulty obtaining life (death cover), TPD, income protection or trauma/critical illness cover, based on your genetic test results? (n = 284) |
Yes* 19.0% (n = 53) |
Yes, I have had cover denied | 8.1 | 23 |
| Yes, I have had a financial adviser tell me that I would not be able to get insurance | 4.9 | 14 | ||
| Yes, I have had an increased premium applied | 4.6 | 13 | ||
| Yes, I have had certain conditions placed on my cover | 6.7 | 19 | ||
| No difficulties | 35.9 | 102 | ||
| I have never tried to apply for, or made enquiries about, life insurance products | 46.8 | 133 | ||
| [if yes to never trying to apply] Did concerns about genetic discrimination influence your decision not to apply for life insurance products? (n = 131) | This did not have any influence | 74.0 | 97 | |
| This had moderate influence | 11.5 | 15 | ||
| This had significant influence | 15.4 | 19 | ||
Bold values show individuals with no cover.