Life insurance

[Hl2635]

Hi we complete on our house in a week and after our broket promising us life insurance he now cant, my husband has lvh and high blood pressure which is controlled, he has no side effects and it was discovered on a routine medical, can anyone help me find life insurance for him its really bringing us down and I'm considering pulling out of the sale

[Heythrop51]

Is your/his current life insurance not transferable? I don't know your situation but when I was not younger some people with medical issues just did not insure themselves. They and people buying unusual properties (high rise flats, house boats, etc.) tended to borrow from banks rather than building societies. These days it's one size fits all and computer decisions rather than a human making a judgement. Have a look online for brokers dealing with insurance for those with health problems.

[Suebedoo]

Hi - we had a similar situation when we were remortgaging a couple of years ago. There was not really anyway round it. What we did do was transfer the existing life cover we both had and then I boosted mine up. It does mean that if my husband dies before the mortgage has been paid off, I will be left with some mortgage to pay on my own which isn't ideal but if that did happen, there would be ways of reducing how much I have to pay back. What my broker did say to me was to do it the way we did it and then take a look a couple of years down the line as the risks may have been reduced and it may be possible to get cover. However, the cost of the life cover would still be a lot higher.

[Vanilla88]

Whilst it’s concerning to be refused cover, I wouldn’t let it stop you moving. I have lvh, controlled high blood pressure and aortic dilation I’m told that I should not expect to have a shortened life as long as s as look after myself.I was refused life cover and critical illness cover 20 years ago because I was obese with high blood pressure according to the medical examiner for the insurance company.

My own GP didn’t agree.

At the end of the day the even if you find insurance I suspect they will have a lot of clauses to prevent you claiming, and I would think your husband is more at risk (still low risk) of illness relating to his condition rather than death.

It’s up to you, but put it into perspective as insurance companies are just about making profit not actually looking after people’s needs. They balance risks and with an ageing population they probably have too many people at less than 100% health on their books already, so are refusing to add any more.

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