Best life insurance for people with existing medical conditions?

womblingfour

We are in the process of increasing our life cover. I have looked on comparison sites but the quotes given are based on the assumption that the applicant has no health conditions that will require underwriting. DH has high blood pressure and raised cholesterol levels so will almost certainly be underwritten. Is anyone able to recommend a company that has offered competitive rates to those with existing medical conditions?

no-oneknowsme

My Husband has a few medicals conditions which are quite serious.

We are insured by Legal and general their prices are good . We pay £15 per month and thats for both of us.

Annisele

I think the short answer is "it depends". Different companies have different underwriting criteria, so you might might well benefit from going through an IFA. Sometimes an insurer will be competitively priced for £10k of cover but not for £200k of cover, or competitively priced for 20 year olds but not 50 year olds, so it's hard to give much of an idea.

Do you already know exactly what sort of cover you need (i.e. term or WoL, decreasing, level, that sort of thing)? If not, an IFA could help with that.

LillythePink

OH has cover with BUPA - he had cancer when he was 22 but because he had leukemia, it is weighted differently as it wasn't a localised cancer - for 352k we pay £68.

I have high BP, everything else fine, apart from being too a bit too short for my weight, they are charging me £133 for the same amount of cover - mine is through Scottish Prov.

The only difference is, OH is decreasing, mine is level

These are both basic life covers, no critical illness or anything - they won't give it to OH because of the cancer and i get mine through work.

rupertb_2

I looked into life insurance after I had just been told I had high blood pressure and it got me thinking about such things as what would happen if something serious did happen to me.

I wasn't actually able to take out any life insurance until I had another blood pressure reading that put me back in the norm, so I had to wait.

I got put on medication and as a result got my blood pressure back down to normal. Once my blood pressure was back to normal I applied for life cover and given it was back under control although the insurers had other questions regarding cholesterol and BMI etc as all were also normal I was accepted on normal premiums.

I guess it depends whether there are any other conditions you could have which increase the risk?