Know Your Script
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Life insurance & TPD · Australia-wide

Which Australian insurers accept medicinal cannabis patients?

There is no law on this

The short answer

No insurer publishes a cannabis policy, and no law requires one to. Underwriting turns on the condition being treated, not the medicine treating it - which is why two applicants on the same prescription get different answers.

General information, not advice. This page describes the law as at the last-checked date shown at the foot of it. It does not take your circumstances into account, and small differences in circumstances change outcomes. If a decision turns on this, speak to someone qualified about your own situation.

What the law actually says

There is no rule requiring an insurer to accept or refuse an applicant on this basis. Underwriting is commercial, guided by the Life Insurance Code of Practice and anti-discrimination law that permits differential treatment on actuarial grounds.

What happens if it goes wrong

Practically: an applicant is usually assessed on the underlying condition, its severity and its stability. The prescription is evidence about the condition.

What to say

  • Ask a broker to seek pre-assessment anonymously before a formal application, so a declined application is not recorded against you.

What not to do

  • Do not trust any published list of 'cannabis-friendly' insurers that does not cite the underwriting guide it came from, and date it.
  • Do not submit multiple formal applications at once.

Sources

No sources recorded yet. This is one reason the page is still a draft — a legal statement without a source is an opinion.

Cite this page

Know Your Script, ‘There is no such thing as a 'cannabis-friendly' insurer, and be careful who tells you otherwise’ (Australia-wide), https://www.knowyourscript.com.au/insurance/cannabis-friendly-insurers/ (UNVERIFIED DRAFT — not checked, not for citation).

This page has not been checked by anyone. Please do not cite it.

Last checked: DRAFT — never verified