Private (independent) Sick Pay Policy

Own_Worst_Enermy

Undervalued said:

(Removed by Forum Team) Some policies do not cover pre-existing conditions. Some will cover some pre-existing conditions, with attached conditions and exclusions / limits. Some pre-existing conditons will almost never attract cover - heart disease/problems and MS for example. The OP was also clear that they were looking for insurance for 12 months whilst their company sick pay kicked in (which raises the questions "how much sick leave do they think they will need in the first year?") and they appeared to indicate that they "weren't in the best of health". So they are looking for something that provides full benefits from day 1 for the first 12 months. Having just done a quick survey of the major providers, most restrict any pre-existing conditions cover to only some conditions (and often only one or two conditions, not multiple conditions), they provide very limited cover of those, and often nothing or almost nothing in the first year of the policy. As a result, the OP would very likely be unable to find  cover for pre-existing conditions if that is what they are referring to. If you are aware of a provider who provides full cover for all pre-existing conditions (not just the ones that you have) without exclusions or conditions or limitations, please do share that information, as it would be very helpful to lots of people. 

Which also raises another point. If an employee takes a large amount of sick leave during their first two years of employment, then there is a significant chance (with many employers) of their employment being terminated whilst the employer is almost entirely free to do so.

So aware of this thank you. I’ve covered for someone in a serious situation of needing treatment who returned to the workplace.

I have kind of got an ill-feeling when I’ve broached the subject early on of what happens when someone needs a medical appointment and then seeing sickness within teams then as overtime to the rest to know this isn’t easy.

LinLui

What public sector company has only been around for a year? 

elsien

LinLui said:

What public sector company has only been around for a year? 

She was referring to the income protection company, not the public sector employer. 

Own_Worst_Enermy

elsien said:

LinLui said:

What public sector company has only been around for a year? 

She was referring to the income protection company, not the public sector employer. 

Yeah correct.

Decided to leave pursuing till after diagnostics.

Own_Worst_Enermy

Well after all that this it was a moot subject if you have a higher bmi. Turns out the company I’d looked at was not much more than a broker who went on to sell an accident policy, couldn’t believe it.  Be careful folks of these sick pay policies. Very glad I read my alleged policy when I queried after receiving it I was then fed a bmi over 30 would be considered a risk for income protection.

Own_Worst_Enermy

I was further told that accident cover had replaced sick pay nonsense cover over many years ago.

I asked ok so the thin person takes out cover and finds themselves getting fat - no answer, it happens before you knock me. 

elsien

It's up the the insurer what pre-existing health conditions they will take into account. And as a BMI of over 30 falls into the obese category some insurers may decide that is a risk that they don't want to cover.
I'm  not sure what changes in health would need to be reported during the life of the policy - I suppose that's a question you'd ask at the time you were taking it out. 

DullGreyGuy

elsien said:

It's up the the insurer what pre-existing health conditions they will take into account. And as a BMI of over 30 falls into the obese category some insurers may decide that is a risk that they don't want to cover.
I'm  not sure what changes in health would need to be reported during the life of the policy - I suppose that's a question you'd ask at the time you were taking it out. 

Sounds like the OP is looking at an ASU/PPI policy 

You dont need to inform changes in health in either PHI or ASU however PHI is underwritten at point of purchase and all personal conditions coverages are confirmed/denied then, policy then runs continuously for 30 years or whatever your chosen duration. 

ASU on the other hand is an annual renewing policy, underwriting is done at point of claim not sale based on the terms in force for that year. They can have continuous requirements on what are considered lifestyle factors like smoking or BMI. As a non-advised sale its up to you to understand the policy and work out if its appropriate for your needs

Undervalued

Own_Worst_Enermy said:

I was further told that accident cover had replaced sick pay nonsense cover over many years ago.

I asked ok so the thin person takes out cover and finds themselves getting fat - no answer, it happens before you knock me. 

Accident cover (as opposed to sickness) is generally a lot cheaper unless the person is involved in obviously high risk activities.