Before you read on, just stop for a minute and go through the steps you think your family or children would experience if you died unexpectedly. What happens to the house? What happens to the family income? How complicated is the whole legal process your family will have to go through when someone dies? And then there's the grief. get advice
Just because someone has life insurance declined it does not necessarily mean they will be turned down by every insurer.
The main reasons applicants have life insurance turned down or declined vary and can include:
Existing medical conditions
Family medical history
Weight
Drug / Alcohol Abuse
High Risk Occupation
The difficulty is each insurer will assess different situations and circumstances in different ways.
Applying directly to one insurer without knowing how they view specific circumstances or conditions may result in a policy being ‘loaded’ (which means increasing the price) or turned down or declined.
If an applicant has been turned down or declined it does not mean they will be turned down by every insurer and so it is possible to apply to other life insurance companies.
By speaking with a specialist adviser who has access to the whole of the market and the ability to discuss a specific case with insurance underwriters, to establish how the case will be viewed, can increase the chances of being accepted for life insurance.
Creditmarket.co.uk puts you in direct contact with qualified, experienced advisers who can help with Declined Life Insurance – Turned Down for Life Cover.
No obligation, no fees, just a dedicated adviser working hard to find you a solution.
Through our partnership with XL Financial Services we have access to a wide range of leading life insurance providers including some of the best known life insurance companies in the UK such as Aviva, PruProtect, Bright Grey, Royal Liver, Scottish Equitable, Scottish Provident, Axa, Liverpool Victoria, Zurich, Fortis and more.
The advisors at XL are highly trained, fully qualified, experienced, fast and friendly and XL Financial Services are authorised and regulated by the Financial Services Authority.
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