Declined insurance

OshayAway

jonny2510 wrote: »

Apparently the application has been declined "due to the medical and family history disclosures on your application".

That's the automatically generated standard letter.

jonny2510 wrote: »

Should I be able to get more specific details above and beyond this?

Yes. It will either go to you or your GP.

jonny2510 wrote: »

Is a "reasons why" letter a standard industry term that I should request?

Yes. If they don't recognise it just explain that you want more details how their decision was reached.

jonny2510 wrote: »

When I carried out the application, it said they'd need to get more details from our GPs, though it was in fact declined before they spoke to the GP. In fact I found out it was declined, and then got the application form through the post a day later to sign (including the access to medical records authorisation). This is what leads me to believe I may have overstated one or more things to do with my medical past.

Interesting but not unusual. Would you feel comfortable giving a bit more information about your disclosures including family history?

OshayAway

iqCarInsurance wrote: »

There is no question that having had your application declined will have an effect when you apply for life insurance gain. But as for home and car insurance, I really don't think you will face any problems.

It certainly can prejudice future term assurance applicaitons but not always.

Say it was due to family history where another provider asked the question is such a way that it would not have had to have been disclosed otherwise, having to state it under the 'adverse decision elsewhere' question will make them aware of it anyway.

If it is for something that the insurer wouldn't be concerned with anyway, there is obviously no issue. The athematic smoker example given earlier would fit.

There are at least two term assurance providers who do not ask about declines or special terms offered elsewhere.

A good broker 'worth his salt' would check out all of these in detail.

OshayAway

Clifford_Pope wrote: »

I think we need to be clear what "declined" means.

If I fill in my details on Quotezone for motor insurance, I will get a long list of quotes ranging from £150 up to £8,000, and also lots who don't want to quote. That doesn't mean I have been "declined" insurance in the ordinary sense of the word, it means my particular requirements are not within the criteria that they want in their client portfolio at that moment.
If that means "declined" in the disclosable sense, then probably every single person in the country would be obliged to answer YES, and would then have to reveal a long list of all the Quotezone examples.

Similarly, you might be declined life insurance because:
they don't like horse riders
they only insure non-smokers
they have an age cut-off
they have an assured value cut-off
etc.

When I was arranging insurance for my old boat, classic insurers were happy, but some ordinary insurers said they didn't cover wooden boats over 25 years.
Do I have to disclose this ten years later when applying for car insurance? Nonsense.

Where the question exists for term assurance, it referrs to the decision by underwriting to decline or not offer standard terms on applicaiton, not a refusal to quote due to eligibility criteria.

For example, LV='s question (just because I have one to hand) poses the question this way: "Have you ever been declined or accepted at other than normal terms for life, critical illness, accident and sickness insurance or income protection with any provider."

Of the 4 examples you give, the only one that would need to be disclosed is the first one.

jonny2510

OshayAway wrote: »

Interesting but not unusual. Would you feel comfortable giving a bit more information about your disclosures including family history?

You've got PM