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It is such a sad situation and one I had to deal with as a Business Development Manager many times.

Though never once quite as close as this one.

This is a primary reason why we advise a 4-week wait on a waiver of premium on all policies that can have it. The missed premium lead up to a disability is a very real issue and one that can often be avoided by having a waiver of premium, even on just a life cover.

Given the circumstances, and the short time frame, I hope AMP come to the party. Three unpaid premium is a lapse of cover, though reinstating with catch up premiums in usually still an option until the fourth is due. Which is when the medical disclosures kick in.

You could also argue at some point in the preceding 4 months a terminal illness claim would be able to be lodged and this would remove the need for premium the payments. There is a creative way to manage this if AMP is inclined to come to the party.

Other insurers in the past haven't flinched at paying in these sorts of situations, they want clients with the confidence that their insurer will pay when they really need it.

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