Life insurance refused on medical grounds.

OshayAway

VIGILANT22 wrote: »

A reason's why letter does not state the reason for decline...reason why letter is for recommendation of the product.!

Sorry vigilant, that's not correct. You are referring to the suitability letter which is issued by the broker / adviser. The 'reasons why' letter is issued by the underwriting department of the insurer in question. It is made available as individuals are entitled to know why anything other than non-standard terms are issued. This is why insurers are obliged to issue such. It also provides the opportunity for a decision to be challenged or appealed.
In most cases this letter will be sent directly to the life assured. However, in some cases, the insurer will address it to the GP in the event that the reason is involved or sensitive thus possibly prompting further questions from the individual, which a doctor would be well placed to answer.

dunstonh

It makes me wish I had not been honest:(

No point in committing fraud as you just end up paying premiums for them to refuse to pay out in a claim.

y friends mum had liver problems from drink and smoked around 20-30 a day and she still got a policy or had one.

smokers pay more to cover the extra risk. Liver conditions will have different degrees of risk to an insurer and they will price accordingly or adjust cover accordingly.

However, you havent got a liver condition. You said "Mental health, depression, asthma and pcos." That makes you a much higher risk. Sorry.

LittleMissAspie

May I ask what makes her a much higher risk? You can't die from PCOS and depression and asthma are very common and controllable.

OshayAway

LittleMissAspie wrote: »

May I ask what makes her a much higher risk? You can't die from PCOS and depression and asthma are very common and controllable.

It's impossible to say without the full facts. Personally, I doubt there were any issues with the PCOS. The other issues mentioned can be factors depending on the severity but i suspect it's a combination of risks that has resulted in the decision.
As an example, smoker / asthema / BMI in high 30's (OP has not mentioned bmi, just to use an eg) are not causes for non-standard terms in themselves but combined can result in decline. It's rare for depression to restult in decline but again depends on severity as apart from self harm risk, it can have affects on physical health. Some insurers are more lenient than others though.

dunstonh

Mental health covers a range of things which can be quite minor and controlled through to being a complete refusal. Depression can either by event based or clinical. Event based doesnt normally get you refused (normally a temporary premium increase unless very recent). Clinical often does result in refusal. Multiple conditions, as Oshayaway above says, can impact more than one condition.

The main risk is suicide, self harm and what happens if medication is not taken etc.

Purpletopaz

Hi I have sent you a PM!