Archive for May, 2013

Life Insurance With High Blood Pressure

High blood pressure, or hypertension, is a very common condition in the UK where an individual experiences consistently increased blood pressure levels over a long period of time.

In the UK alone the National Health Service estimate that one quarter of all adults have high blood pressure that might benefit from treatment. And for those over the age of 60, this statistic rises to approximately half of all people living in the UK.

Life Insurance With High Blood Pressure

Here at Insuranet we have many years experience in arranging life insurance for people with high blood pressure

Though a potentially serious condition if left untreated, most people with hypertension can manage their situation effectively through a mixture of exercise, diet control and medication. However, as with any serious medical condition, such a situation can have a severe impact on your ability to find the right insurance policy. But it can be done!

Shop Around

The most important thing to do when you suffer from any medical condition is to ensure that you search the market and find the most suitable policy for your own personal situation.

Many standard insurance companies can offer life policies to people suffering from high blood pressure while other companies specialise in offering cover for those with hypertension.

Internet comparison sites can give you an indication of premium costs, but it is only when you drill down into the finer detail of your own personal situation that you can truly understand what the terms will be.

For a clearer picture of the range of policies available, please contact us as we have extensive knowledge of a broad range of policies and can guide you through the process.

Read the Fine Print

When buying life insurance with high blood pressure, the key to a high quality policy is in the fine print. Make sure you are fully aware of the exclusions of the contract and any extenuating circumstances that will not be covered. Protection may depend on regular medication or other personal circumstances, and these should be clear before you take up the cover.

If you have any concerns about anything within the terms of the policy then please talk to us as we will be able to walk through the paperwork with you and help you understand the finer points of the policy.

Be Honest

A significant proportion of life insurance claims that are rejected are due to incorrect information being included on the application form. This can be due to deliberate fraud or a complete oversight on the side of the applicant. So make sure your policy is going to be valid when you need it the most.

Though you may think that withholding information makes insurance cheaper, if you have paid years of premiums only for the claim to be rejected after you have gone, your policy just becomes a very expensive piece of paper with no benefit at all.

Be Flexible

If your insurance company requests further information either by way of access to your medical records or via a specific medical investigation then agree whenever you can. The more information your insurance provider has, the more tailored your policy will be to your own individual situation.

Providing supporting evidence to your answers or taking the time to complete further questionnaires can ensure all qualifying factors are met during the application process and actually make your premiums lower than you would think.

For those that say you cannot get life insurance if you have high blood pressure, we say you are wrong. High quality, well priced policies are available for many people who suffer from this common condition and, with the right advice, it is possible to find the one for you.

Please see our dedicated high blood pressure life insurance page here for further details.

Alternatively you can compare quotes here.

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.

Life insurance with hepatitis

Speak with us first before canceling your life insurance after being diagnosed with hepatitis

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:

The aim of income protection for self employed people is to ensure that, should you be you be unable to achieve your current level of income due to illness or disability, the cover you hold will compensate you.

self employed income protection image
In general an income protection policy will cover 65% of your total income. As this is a tax free payment, such a level is seen as equivalent to the gross income you should receive under normal circumstances after all deductions are made.

How to Calculate Your Income
Even for self employed people, income protection policies are designed to protect the income of the individual, as opposed to the company. This means that the level of income that you should declare is not the turnover of the company itself but the level of remuneration that you take home.

For a sole trader, subtracting business costs from the company’s turnover will usually provide the figure that you require. However, as the company finances become more complex, further adjustments may be required.

It is usual for an insurance provider to take an average of the last twelve months income to calculate a fair salary for your work. However, if your remuneration fluctuates greatly over a longer period, this can also be taken into consideration when making the calculations.

As with any type of insurance product, it is essential that you are completely open and honest about your level of income when applying for the cover. Though you may feel that it would a good idea to inflate your takings so that the level of benefit you can claim could be higher, your income will also be assessed at the time of the claim. If your salary is seen to be dramatically different from that which has been previously disclosed, the validity of your entitlement could then be in dispute.

Making a Claim
When making a claim on an insurance protection policy for a self employed person, the entire benefit that you are able to receive is calculated to a level which will ensure your income does not fall below the pre agreed level, which is usually 65%.

This means that if your illness or disability is reducing the level of your income rather than eradicating it altogether, your claim will be adjusted so that you achieve full benefit up to this amount but do not exceed it.

In the same way, if you hold more than one income protection policy, you will find that the full benefit you can receive across all policies will be limited to your maximum protection level, irrespective of how many premiums you pay. For this reason, it is usually more cost effective to have one comprehensive self employed income protection policy, rather than several small policies which can cost more.

Self employed income protection insurance provides a level of economic certainty that is just not possible without such a product.

By having all the facts before you start, you can ensure that you get the cover that is right for you.

Call us today on 0800 799 9330 for a no obligation chat about how income protection cover can help you or compare quotes here.