If you have been declined life insurance, had your cover withdrawn, or your existing insurance policy cancelled, you may still be able to obtain cover.
We have helped many people obtain Life and Critical Illness Insurance, when they thought it was unobtainable.
Many people discover that when they apply for their insurance policy, the insurer declines the application. Sometimes the reason is known, but equally it can come as a shock.
The most common cause of a rejected life insurance application is some form of Pre-Existing Medical Condition.
We understand that this can be a stressful time. Not being able to obtain insurance can cause you problems with mortgage lenders etc, as well as causing you to worry about what would happen to you or your home if the unexpected happened.
It is important however not to make any rash decisions. At Platinum we have a proven track record in helping people who have been previously declined insurance. We do this in a number of ways:
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We know the insurers and their criteria |
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We make sure we understand your situation fully before making an application |
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We can talk directly to underwriters about your specific case |
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We can discuss alternative cover that may meet your needs |
We only submit an application to an insurer when we have discussed the case fully with yourself and the insurer, and we feel it has a reasonable chance of success. This approach significantly reduces your chances of being formally declined which you would otherwise need to declare on future insurance applications.
Whilst we cannot guarantee that we can obtain insurance for you, using a company like ours that has had experience in this particular field will greatly improve your chances.
As always we are keen to make you fully aware of how we work on your behalf and what the possible outcomes may be. Platinum will not charge you for the advice given or work undertaken.
Below are possible outcomes :
- The insurance company will accept your application on standard terms
- The insurance company will accept your application but charge you an increased premium
- The insurance company accept your application but will not cover certain eventualities - these are normally known as exclusions
- The insurance company accept your application but include some exclusions and charge you a higher premium
- The insurance company decline your application
Please feel free to contact us regarding any aspect of this subject.
Here are just some of the areas where we have been able to help :
