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Protection

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Can I get any protection if I have diabetes?

Depending on your age, how long ago you were diagnosed and how well controlled it is yes, we can source a provider that may offer you protection which can include Life Cover as well as Income Protection.

Some providers offer conditions on their covers, such as requesting annual blood test results and others will underwrite your application based on the medical information provided from your GP. Most providers who offer cover to diabetic patients will request either a medical screening, GP report or in some cases both.

If you suffer from diabetes and would like to protect yourself or your loved ones, please do not hesitate to contact us.

Why have me and my husband been advised to take out two individual policies instead of a joint one?

Sometimes these types of policies are not that much more expensive than having one joint policy. If you both pass away it would mean that your beneficiaries would have more of a payout.

A joint policy would end as soon as one of you die and if you had two separate policies and one of you are still alive it will continue until the end of the policy or on death.

It is important to note that everyone’s financial situation is different and it may be that these are is more suited to your circumstances and budget.

What type of cover do I need?

There are different types of life insurance available and what you require will depend on your personal circumstances and needs.

Is it a good idea to use a general insurance broker?

General insurance brokers have access to a range of products which you may not be able to access directly.  

Speaking with a team of experts who understand the market is always a good idea as it can save you time and money.

What type of cover do I need if I have a mortgage?

The only insurance you will need to purchase when getting a mortgage is usually buildings insurance. Mortgage lenders will require buildings insurance to be in place at the least and this is to protect the security (property) they are lending against.  In short, buildings insurance covers your home against any damage that may need to be repaired or even a full rebuild in the event of a fire amongst a list of perils the buildings insurance will cover against.

What do you mean I can insure my insurance payments?

Paying a little extra for Waiver of Premium on top of your usual life insurance premium means that if you are unable to work due to an accident or illness, your premiums will be paid by the Insurer for a set period.

For most people, if you have less income than usual, one of the first things to cancel or miss payments on is your life covers.

However, your life cover will simply end if you miss payments, so Waiver of Premium would be helpful to have.

If I die and I have not paid my mortgage, what are the consequences?

If you have appropriate life insurance, this will make sure that your mortgage is paid off when you die. If you die without life insurance, then your family, or those managing your estate, may be forced to sell the property to pay back the debt to the mortgage lender.

What happens when my Life Insurance application is submitted?

When an application is submitted, it is assessed by the medical underwriters. They will confirm if further information is required to make a decision.

The insurer may require you to undertake a medical screening where a nurse will take blood/urine samples or a medical report may be requested from your GP.

Once all tests and necessary information have been reviewed, the underwriter will confirm if your application will be accepted or if the premiums will be increased.

One of my past times is Mountaineering, can I still get income protection?

Yes. Some providers do offer cover. It will depend on the number of accidents you have had, how often you take part in the activity, and the height you climb.

Contact us, and we will source the best provider for you.

What is ‘Waiver of Premium’?

This is a premium which allows the Insurer not to pay a premium during a period of disability depending on the length of time.  The insurance company will waive the payments for you after you have been disabled for a minimum of six months.

Can I get income protection if I’m a nurse?

Yes, you can.  Contact us so we can go through your individual circumstances and find the product best suited for you.

Is there an age limit on Whole of Life?

This is an insurance policy that will pay out to your beneficiaries whenever you die, at whatever age.

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