Below is a real life case study that gives a good example of what people with a pre-existing medical condition face when trying to buy life insurance.
In this particular case, the customer had just bought their first property using a mortgage. Quite naturally they wanted to take out life cover to that in the event of their death, their partner could use the benefit from the policy to pay off the mortgage.
In this particular situation the client was looking to buy life insurance while suffering with Ulcerative Colitis. On applying to several well know insurers they were concerned that their application had been refused.
Besides this being worrying itself, they were also concerned about the number of declines they were receiving as they need to declare these declines when applying to other insurers.
While it is possible to obtain cover for somebody with Ulcerative Colitis, it is important to know which insurer to use. The team at life-insurance-help.co.uk are well placed to help you. Furthermore no application is made until an underwriter has indicated they are likely to accept you.
The reasons insurers treat this condition with caution is that there is no known cure for it. People who suffer with the can suffer very mild symptoms, while extreme cases could result in surgery and the possibility of a stoma. The symptoms can disappear for years and then comeback with a vengeance. Ulcerative colitis is thought to be what is known as an autoimmune condition. This means the immune system – the body’s defence against infection – goes wrong in some way and attacks healthy tissue. For this reason it is not possible to simply go on line to a price comparison website and walk away covered 5 minutes later. In every instance your application will need to be personally assessed by an underwriter and further tests may be required.
The life-insurance-help.co.uk team will work with you and present your case to underwriters who will give us an indication of how they are likely to treat your case.
None of this counts as an application for Life Insurance.
The information our team will require from you is as follows :
The exact diagnosis : Crohn’s disease is very similar to Ulcerative Colitis
When you were diagnosed : We don’t need the exact date but most people can indicate a month and year.
If you have received surgery : If you have we need to know what surgery and when.
What current treatment you are receiving : This will include names and dosages of any medication.
If any other treatment or surgery is planned
If you have ever been admitted to hospital with acute attacks : if so how often and when
If you have regular colonoscopy screening : if so how frequent are these screenings.
How often do you have ‘flare up’s during the year :
The length of the ‘flare up’ is helpful as well as the gaps between. Do you have symptoms between the ‘flare ups’
Have you ever had liver disease : Was it associated to Crohn’s or Colitis
Are you are to work full time and can you lead a ‘normal’ life. If your condition has an impact on either of these, please let us know.
The good news is that we are able to help you and we have been very successful in helping people with Ulcerative Colitis get life cover. Unfortunately Critical Illness cover tends not to be available.
We don’t charge you any additional fees or charges for undertaking these investigations for you. You will only pay the premium requested by the insurer.