Travel insurance- declaration of pre-existing condition conundrum

dzondza

Hi there, as I am not clear on what classifies as existing medical conditions, I played with inputting two benign issues I had in recent past into an insurance calculator. Individually, one would raise the premium by £5 (20%), the other would not increase the cost at all. However when I inputted them together, exactly the same way as individually, the cost increases by £20 (40%). Does anyone know why that is? It doesn’t logically make sense to me. Thanks!

sharpe106

Statistically somebody with a condition and then another condition on top of that is more likely to be ill, then somebody with just the original condition.

dzondza

Thanks Sharpe for your answer. That’s still quite a big increase especially for two totally unrelated and minor conditions as far as I can see.

jimbo6977

Not knowing the conditions involved, but 2 conditions could quite easily raise the addition premium by ^2 rather than x2. 

And a third by ^3....

sheramber

 Insurance bas their premiums on risk assessment . In their experience that is the increased risk with two conditions as opposed to one.