Income protection insurance refused

SJE89

In the process of buying our first home and sorting all relevant insurances. 

I’ve been told because I am prescribed painkillers the advisors have been unable to find a provider that will give me income protection cover. 

Why would that be? I’m surely not alone. If they refused everyone who has prescriptions they wouldn’t have much custom. 

TELLIT01

Presumably they perceive somebody on prescription painkillers as being to much of a risk of becoming unemployed.  Prescription painkillers are generally only given to people with chronic pain, unless it's a short term prescription.  If it is a short term prescription you need to speak to the advisor and make sure they are aware of that.

It's certainly not as simple as saying that anybody on a prescription is likely to be refused cover. 

SaverRate

It is likely worth speaking to Cura Insurance Brokers. My wife struggled to get income protection insurance and they found us a policy that would insure her whereas other brokers didnt offer this. 

Note - I dont work or get any financial benefit from Cura Insurance, just trying to help others! 

SJE89

TELLIT01 said:

Presumably they perceive somebody on prescription painkillers as being to much of a risk of becoming unemployed.  Prescription painkillers are generally only given to people with chronic pain, unless it's a short term prescription.  If it is a short term prescription you need to speak to the advisor and make sure they are aware of that.

It's certainly not as simple as saying that anybody on a prescription is likely to be refused cover. 

I have been given it as I’m having pain and am undergoing diagnostic investigations. Currently being referred to orthopaedics. 

SaverRate said:

It is likely worth speaking to Cura Insurance Brokers. My wife struggled to get income protection insurance and they found us a policy that would insure her whereas other brokers didnt offer this. 

Note - I dont work or get any financial benefit from Cura Insurance, just trying to help others! 

I think I will look around. I would have thought there would be insurers who to provide such “specialist cover”. 

DullGreyGuy

SJE89 said:

TELLIT01 said:

Presumably they perceive somebody on prescription painkillers as being to much of a risk of becoming unemployed.  Prescription painkillers are generally only given to people with chronic pain, unless it's a short term prescription.  If it is a short term prescription you need to speak to the advisor and make sure they are aware of that.

It's certainly not as simple as saying that anybody on a prescription is likely to be refused cover. 

I have been given it as I’m having pain and am undergoing diagnostic investigations. Currently being referred to orthopaedics. 

An undiagnosed condition is much more likely to cause you to have problems getting insurance.

Who is your "advisor"? Are they whole of market for protection insurance? If its your mortgage broker its possible they are whole of market for mortgages but not for insurance. 

dunstonh

I have been given it as I’m having pain and am undergoing diagnostic investigations. Currently being referred to orthopaedics. 

Its not the fact you are on painkillers.  It is because you are still undergoing diagnosis.    Insurers will not offer cover for people who have issues but have not yet had the diagnosis.  They will wait until diagnosis before deciding terms.    There may be a small number of specialist high risk insurers who may offer terms but for the mainstream, the premiums would likely put you off.

Why would that be? I’m surely not alone. If they refused everyone who has prescriptions they wouldn’t have much custom. 

Lots of people get cover with prescriptions.  However, that isn't the cause.  You have a yet-to-be-determined medical condition.  That is the blocker.

kingstreet

Rather than "refused" is it possible your application has been deferred or postponed pending the results of the investigations you mention?