Another life insurance (assurance?) query

tasticz

Sandtree said:

tasticz said:
Do you know how much they have to pay GP for these reports?

Many surgeries publish their private practice fees. If its without a medical, as most are, its typically £100-£200 and normally at the lower end.

GP did call in for blood test but I believe that was classed as "regular" rather than insurer paying for it. So just the report. Thanks. 

Weighty1

tasticz said:

Weighty1 said:

There's no need to worry in this respect.  The guidelines and flow charts they follow do not take into account any costs which have been incurred underwriting a policy.  If they were going to increase the premium they would do it whether they had spend £0 or £1,000 underwriting a plan.  Some insurers now actually decline very small premiums plans if GP evidence is required as they feel it's simply not financially viable to bother writing the business, however, most companies don't have that rule.

Hi @Weighty1
Thank you again for your response.

I don't know what exactly they had asked for but I could see the report my GP had sent. It related to a medical examination that happened in end of Jan/start of Feb 2021 but good thing is I had explained it exactly how the doctor has written in the report they have sent. Hopefully they dont care too much about it!

Also, I assume they had requested the latest blood tests as that was also included which (luckily) was all OK!

Fingers crossed they have everything now they need. 

Do you know how much they have to pay GP for these reports?

Typically the standard cost of a GP report is about £105 and "targetted reports" which purely ask about specific things or additional information on top of a GP report is normally £25, so not massive sums that would require an insurer to alter your premiums.

csgohan4

MY GP charges insurers about 40-50£ for a generic report and each additional info report. It varies as you can see