Life insurers have moved to reassure healthcare workers who are in the front line of the coronavirus outbreak battle that they won’t be denied access to cover.

They say the life industry will not use the virus risk as a reason to decline an application for cover. Nor will insurers charge a higher premium or apply a COVID-19 pandemic risk exclusion to any of the benefits offered, subject to relevant conditions and financial limits.

The Financial Services Council (FSC) says the life insurance commitment has been developed with a “broad definition” of a frontline health worker.

“This means not only doctors, nurses and hospital staff but also those who may potentially be exposed to COVID-19 such as police, pharmacists, paramedics and aged care workers,” FSC CEO Sally Loane said.

“While not everyone will be able to get new cover for other unrelated reasons, this commitment means potential exposure to COVID-19 alone won’t affect the cover these workers can get with participating life insurers.

“We hope this measure will help reduce any anxiety that our healthcare workforce may feel when working on the frontline. This is part of helping these Australians to have peace of mind for themselves and their families while continuing their vital service to our community.”