Are you worried you might be uninsurable?
No one is perfect, and insurance companies know this. More importantly, they want to do business and that means they want to offer insurance, if they can. Many people worry they are a lost cause, and nothing could be further from the truth. Yes, there is always a minority of people that may be uninsurable but for most, an option can be found. The best options come from getting the right advice to consider the following factors:
How Much Cover Do You Need?
By having very pragmatic conversations and prioritising needs you can be prepared for unfavourable terms, yet still find a way to justify the cost.
Not only will insurers take your current lifestyle habits into account but if you can change your habits then you are likely to become a lower risk. Stopping smoking, reducing alcohol intake, and adopting a healthier lifestyle may help in the short as well as long term.
If your situation is more acute with a single issue, providers can sometimes offer cover, excluding certain conditions that you are more susceptible to (whilst covering the rest).
Not all insurers are the same and some are better than others when it comes to covering certain conditions or being more relaxed, that might be more important to you, or being more relaxed at underwriting for your current health issues.
Don’t let pre-existing conditions deter you from applying for life or critical illness insurance thereby protecting your loved one’s future. It costs nothing to apply and you might be surprised…