life insurance turned down lipoma

dogmatix72

Hello I have a couple of questions is anyone with knowledge can help?

1)I have visited my doctor to ask if I have anything noteworthy to put down on my life insurance application. He said no. I asked if a benign lipoma I was diagnosed with 7 years ago needs to be added he said no I wouldnt bother its not relevent. Is he right? Should I disclose this?

2) Despite him saying this a question come up on an online quote form asking If I had a lump, I was interested and said yes and followed the next few questions about this. Saying it was said to be fine and that it was a lipoma. The quote then said it couldnt give me insurance. It must be because of this as nothing else at all in the questionnaire was answered with a problem. So second question is, if I take his advise and do not put it on the next quote I fill out, will this now be known by other insurers just by filling out the first online quote? Are the online quotes shared?

Many thanks for any replies with someone with some real knowledge on this.

bossymoo

I would include everything, however small.

I am part of a widows support group and the amount of people I know that either didn't have life assurance or didn't disclose everything is frightening. At a time their spouse or partner really didn't need the additional hassle of no financial support or having to jump through hoops and chase insurers.

It is possible still to get cover without it being over priced. My husband had a malignant brain tumour as a child. He was treated successfully and had no recurrence into adulthood. Despite being 20 years clear of cancer, my own insurer (bupa) refused him. Others quoted £80-£90 per month!

I refused to give up, as we wanted to start a family. In the end I used a specialist broker (think they were called LifeSearch) who found us a policy with Axa, fully disclosed medical history, with no exclusion for his type of cancer recurring. For the princely sum of £8.91 per month!

I'm so relived I was persistent as sadly after being 25yrs clear of cancer it did come back with a vengeance, and all kudos to Axa, they did not quibble at all. At a very distressing time, at least I had peace of mind that our home was protected and I was under no pressure to increase my own working hours, so I could spend more time with our young children.

Keep looking, I'm sure you will find something suitable out there. And then make sure your will is all sorted too!

starrystarry

Don't take your GP's advice on this. It isn't up to him to decide what is and isn't relevant. If an application asks specifically about lumps etc, then you need to disclose it. Read the wording of the question carefully, as some questions will have time periods (e.g. "in the last five years have you...").

With regards to other insurers, they won't automatically know that you've disclosed it previously, but if the application asks whether you've ever had an application declined or special terms applied, you'll have to answer yes.

dogmatix72

Brilliant thank you both for your replies. To be honest thats why I entered the information even after my doctors suggestion not to. I was worried that if I did need the insurance that the claim would be turned down.

dogmatix72

Actually, I'm very sorry I use the word 'brilliant', completely the wrong word to use in the contect of the first reply. I am very sorry for your loss and really appreciate your help and advice.

christob

Lipoma's can grow and become a serious health concern over time. Just because it is small now does not mean that it may not become an issue and need to be removed in a few years. Lipomas can also have secondary complications depending on their location on the body. They can damage nerves, muscle tissue and sometimes organs. So I would definitely put this on your insurance claim form. Also, in some people lipomas can start appearing at a later time in life and you can develop dozens or even hundreds. This can become very expensive to treat!! Just be safe and include them. I write a lot about lipoma (just google Lipoma NET) if you are interested....I am a doctor of medicine and have studies the condition extensively. cheers. chris.