Advice

[DronnyM]

Hi everyone. Hope everyone is doing best they can .

I'm just wondering if anyone can advise me on life insurance ?

Do we have to declare SAH ?

And if we do , how much more are we talking ?

I'm late coming into life insurance ( naughty I know )

Just need to do my research

Thanks for any advice given .

Take care

Michelle 😘

[Shreds]

I would imagine a failure to declare would be a valid excuse for them not paying out, which defeats the whole point of life insurance / assurance.

If they do accept you they will almost certainly want lots of medical paperwork so they can risk assess you and they will then probably load the premium accordingly.

From their point of view, it is a risk assessment and whilst they will be happy to take the premiums, if accepted, they may be reticent about claims if all material facts have not been declared.

Let us know how you go on.

[DronnyM in reply to Shreds]

Thanks for your advi

[cat3]

So far as I know Michelle, both life and car insurers will penalise if health issues are omitted from applications.

I opted for an ISA rather than life insurance, but my vehicle insurer was notified of my SAH (with my permission & signature) by the hospital as soon as I became cognisant.

At my first check-up, my surgeon told me to give DVLA his contact details for proof of competency when re-applying for my license. My insurance cost didn't increase. Hope this helps a little..

Cat. x

[DronnyM in reply to cat3]

Thank you 😘

[Robfromwales]

SAH?

[lcd8]

As others have said I would think you need to declare any medical conditions/incidents that have affected you. Otherwise you know what insurance cos are like? Its any excuse. They will probably have to consult their underwriters as to whether you are a bad risk and may want further medical info. I have a different problem. But I found a provider on the internet that would cover it. Unfortunately even they would only cover me for a limited term. But I'm hoping I can just extend when the time comes. Good luck.

[DronnyM in reply to lcd8]

Thank you 😘