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<blockquote data-quote="DCUKMod" data-source="post: 1693485" data-attributes="member: 345386"><p>Hello there</p><p></p><p>Are you using an IFA to lol at like assurance for you, or using your bank or whatever? </p><p></p><p>Most T1s with decent control and without complications can be underwritten for life cover, although will almost certainly have an additional risk premium applied, unless the period of insurance is very short. </p><p></p><p>If you are looking for Critical Illness Cover, policy will pay in the event of you suffering from certain conditions, such as cancer, a heart attack or stroke, unfortunately that's often much more of a challenge. Similarly for Income Protection lasting the whole of your working life.</p><p></p><p>I asked about an IFA because they can shop around on your behalf, and where appropriate speak with the companies to understand their specific criteria, once they have your medical history etc.</p><p></p><p>Not all companies approad any given condition exactly the same, but will sometimes close their book to certain conditions of they feel their risk portfolio isn't becoming overweight in any area. </p><p></p><p>I'm not an IFA. I did however spend a few years working for a major provider, in actuarial, underwriting and pricing areas, so I do have a good understanding of how these things tend to work.</p><p></p><p>Good luck with it all, and if you have any questions, feel free to ask.</p></blockquote><p></p>
[QUOTE="DCUKMod, post: 1693485, member: 345386"] Hello there Are you using an IFA to lol at like assurance for you, or using your bank or whatever? Most T1s with decent control and without complications can be underwritten for life cover, although will almost certainly have an additional risk premium applied, unless the period of insurance is very short. If you are looking for Critical Illness Cover, policy will pay in the event of you suffering from certain conditions, such as cancer, a heart attack or stroke, unfortunately that's often much more of a challenge. Similarly for Income Protection lasting the whole of your working life. I asked about an IFA because they can shop around on your behalf, and where appropriate speak with the companies to understand their specific criteria, once they have your medical history etc. Not all companies approad any given condition exactly the same, but will sometimes close their book to certain conditions of they feel their risk portfolio isn't becoming overweight in any area. I'm not an IFA. I did however spend a few years working for a major provider, in actuarial, underwriting and pricing areas, so I do have a good understanding of how these things tend to work. Good luck with it all, and if you have any questions, feel free to ask. [/QUOTE]
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