Being diagnosed with hepatitis or any other serious illness can be incredibly distressing for anyone. And, knowing how to move forward from such news is difficult.
However, the most important thing when it comes to existing life insurance after being diagnosed with hepatitis is not to be too hasty.
Though rumours will tell you that people with hepatitis cannot be insured and that your existing policy is now void, this is not necessarily the case. Furthermore, those with existing policies when they are diagnosed could well be in a better position than they first thought.
The hepatitis disease affects the function of the liver and can be either a temporary or permanent condition. Many people will carry hepatitis for years without actually ever having symptoms, while others will require constant medication.
Just as the condition varies greatly, so do the implications to your life insurance policy. Only by carrying out the following steps can you ensure that you get the most from the policy you already have.
1. Get Your Facts Straight
The first thing to do when you have been diagnosed with Hepatitis is to understand the facts. There are three distinctive types of hepatitis and ascertaining which strain you suffer from is key to the way you move forward.
Once you have found out whether you have hepatitis A, B or C, then the next step is to establish your specific severity and what can be done to alleviate the symptoms. In addition, you must understand the likely duration of the illness and what, if any, implications there are on your long term health.
2. Start Talking
The sooner you can start talking to us about your new medical situation the better. Not only are you required by law to advise your insurance company of any changes to your personal circumstances, but talking with us will help make you understand how you can move forward.
If you have a temporary form of hepatitis which was contracted through the process of a normal, healthy lifestyle then it is likely that there will be only minor changes to your life insurance policy, if any. Some companies may adjust the exclusion clauses within your contract or may reassess your premiums. However, the policy will still be in place.
If you have more chronic symptoms or a potentially life threatening form of hepatitis, then the insurance company may not be as willing to renew your contract. However even this isn’t the end of the road. There are still other companies who specialise in offering life insurance to hepatitis sufferers that will be able to help.
Your insurance company may require further information from your medical records or via a medical. If you can, always agree to such investigations. It will help the insurance company gain a clearer understanding of your situation and ensure your life insurance policy is tailored to your individual situation.
3. Get Some Advice
If there are any changes to your policy or your insurance company fail to provide continued protection, then please contact us for advice. Talking to one of our experienced protection advisers that specialises in life insurance for hepatitis sufferers will help you understand your options.
We can help you understand the implications of the changes requested and highlight any alternative policies that could offer better terms for the future.
Above all, do not cancel your policy until you have further cover in place. If your existing life insurance policy has been in place for some time it may still be the best solution moving forward even in your new situation.
Whatever the situation, the key to maintaining effective life cover is not to panic. Keep calm and think clearly and you will find that things may not be as bleak as you first thought.
If you would like a friendly, no obligation chat with one of our advisers then please call us on 0800 799 9330 or fill in our online enquiry form.
For further information about hepatitis please visit the NHS website here: http://www.nhs.uk/conditions/hepatitis/Pages/Introduction.aspx