Alzheimer’s Life Insurance

Alzheimer’s Life Insurance Information & Questionnaire

Alzheimer’s disease is a progressive disease affecting the brain. If your doctor has diagnosed you or someone you love with this form of dementia, you will know how much of a devastating and life changing experience it can be. Trying to find an Alzheimer’s life insurance provider that will give you the level of cover your circumstances require is often an unwanted task that can be tiresome and discouraging.

Special Risk Managers are experts in providing life insurance advice for people who have received this daunting diagnosis. When it comes to finding the right type of cover for our clients with Alzheimer’s disease, Special Risk Managers are the industry leaders.

Alzheimer’s Disease Insurance In Australia

Alzheimer’s disease is the most common cause of dementia – up to 70% of the 342,800 Australians currently suffering from dementia have Alzheimer’s disease. Dementia is a type of long-term deterioration of brain function that results in memory loss, inhibited language skills, reduced reasoning and a host of behavioural and emotional problems.

Alzheimer’s disease is a type of dementia that presents itself in two forms: Sporadic Alzheimer’s disease and Familial Alzheimer’s disease. The vast majority of sufferers have Sporadic Alzheimer’s disease – the form of the disease that typically affects people aged 65 and over (although people who have Down’s Syndrome may get Sporadic Alzheimer’s as early as 30 years old). Head injuries, high blood pressure and heart disease are all risk factors for getting this type of Alzheimer’s. Familial Alzheimer’s disease is far rarer. It is inherited and has an early age of onset – meaning people of any age can be affected by this strain.

1.2 million Australians are already caring for someone who has been diagnosed with a form of dementia. Chances are, more than one person you know right now has Alzheimer’s disease, and the likelihood of this will only increase in the coming years. As the Australian population ages, Alzheimer’s disease will continue to be increasingly prevalent. By 2050, it is predicted that almost one million Australians will have some form of dementia, and unless a cure is found, Alzheimer’s disease will continue to be its leading cause.

The Costs of Alzheimer’s Disease

There is no known cure for Alzheimer’s disease, and simply managing its symptoms involves a considerable amount of time, effort and money. Because Alzheimer’s is a progressive disease that can be managed for many years before the sufferer passes away, the costs of long-term symptom treatment and care are high.

Sufferers and their families collectively spend millions of dollars every year looking after those with Alzheimer’s disease. As the condition progresses, the patient will become unable to work, and family members often have to employ a carer or take time off of work themselves to look after their loved one.