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<blockquote data-quote="AndBreathe" data-source="post: 732520" data-attributes="member: 88961"><p>When you buy life cover, you and the insurer are effectively placing your bets on a gamble. Within the term of the policy, you are gambling £x per month against the likelyhood of you dying, but if you do they will pay £y00,000 to those you have left behind. That's usually a great deal.</p><p></p><p>The insurer is gambling the same terms, but they bear an often huge cost if they guess wrongly and you die. Where we have pre-existing conditions, the risk to the insurer increases. That you are on insulin, overweight and by your own admission, not that well controlled, your risks are even greater. </p><p>Frankly, I'm unsurprised you have been declined. Have you asked any of the insurers if there are any conditions under which you would be accepted? They may come back and suggest some changes you could make - like achieve better control, or they may simply state you would always be declined. </p><p></p><p>[USER=90156]@novorapidboi26[/USER] has sometimes posted, naming a broker who helped him. Clearly all cases are different, but I seem to recall his brokers are specialists in "impaired lives".</p><p></p><p>Thanks novorapidboi, in anticipation.</p></blockquote><p></p>
[QUOTE="AndBreathe, post: 732520, member: 88961"] When you buy life cover, you and the insurer are effectively placing your bets on a gamble. Within the term of the policy, you are gambling £x per month against the likelyhood of you dying, but if you do they will pay £y00,000 to those you have left behind. That's usually a great deal. The insurer is gambling the same terms, but they bear an often huge cost if they guess wrongly and you die. Where we have pre-existing conditions, the risk to the insurer increases. That you are on insulin, overweight and by your own admission, not that well controlled, your risks are even greater. Frankly, I'm unsurprised you have been declined. Have you asked any of the insurers if there are any conditions under which you would be accepted? They may come back and suggest some changes you could make - like achieve better control, or they may simply state you would always be declined. [USER=90156]@novorapidboi26[/USER] has sometimes posted, naming a broker who helped him. Clearly all cases are different, but I seem to recall his brokers are specialists in "impaired lives". Thanks novorapidboi, in anticipation. [/QUOTE]
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