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Hi, You will need to disclose the fact that you were declined cover on future applications that ask that question (most companies). However, if your weight decreases then you may be able to get cover in the future despite the previous declinature. Hope this helps. Stephen

I agree that most specified illness claims fall under cancer and heart related conditions and the likes of CJD is rare but VCJD can be diagnosed with a blood test so its not correct to say its only confirmed by autopsy. There is an element of an arms race between companies on who can cover most...

Ultimately reviewable whole of life policies become very expensive. Many insurers no longer offer reviewable whole of life policies due mainly to the level of complaints they were receiving at time of review from customers. There is guaranteed whole of life policies that cover death only but...

Sumatra raises a very valid issue but in the general publics defense, I know from talking to customers that severe hard selling of life assurance/mortgage protection products is being done by the banks. Customers have told me of some of the techniques being used to put pressure on customers to...

In regard to the income protection cover, it looks like you might be able to get it cheaper but it depends on your occupation as different occupations have whats called "occupation classes" from class 1 to 4. If you are class 1 (the cheapest) then they are cheaper quotes available assuming you...

Dear Dinarius, Its impossible to tell as you dont specify your exact age, your smoker status, whether you were given special terms etc. I suggest you contact an indpendent financial broker to do a proper review of your policies in order to get a comprehensive look at the value for money on...

There is no danger that the old policies wont pay out as you were accepted without underwriting under whats called a "Free Cover limit", a continuation option means that you would not have had to provide medical evidence at that point either. In regard to being over insured or not, I suggest...

The criteria for recommending a new broker is most likely geographical. If you dont like the broker they appoint due to their branch closing, you can always choose another to represent you. There shouldnt be an additional cost to you unless you agree one with the new broker and overall you...

Great post Liam. I have had experience with banks accepting Pulse Ltd. policies even though the term was short of their mortgage term. Also I found Pulse Ltd. quotations to be quite competitive considering they are taking on risks that other companies have declined to take on.

I am sorry but I have to contradict some of the posters here. A policy may lapse and some time may pass before the bank reacts (the insurance company may to slow to inform the bank, the bank may be slow to follow up) sometimes the follow up can take up to 2 years but eventually most banks will...

As Sumatra said, you should check for any loadings on the previous policy but to be honest every week, I come across customers who bought policies from their banks that cost a fortune compared to what they can get purchasing a new policy now for suitable cover for their needs. Sometimes they...

Actually I personally prefer the second option I suggested of a guaranteed whole of life plan. There is no premium reviews and depending on the individuals age/health status, these policies can offer very good value for money and dont have a cessation age.

Without knowing all the details, I can tell you from my experience that reviewable policies are quite simply not good value. Every review the premium gets larger (unless there is a saving element that gets diminished) and as people get older the reviews typically become more frequent. Assuming...

The model of broker consultants will change as time goes on. The advent of online techology for proposal submission, policy enquiry and fund values has diminished the role of the broker consultant to the newer breed of insurance broker. While there will always be an element of personal...

Agree with Sumatra, this method nearly always works out cheaper than buying an indexing policy. You know exactly from the outset what you will be paying long term and have the benefit of having higher cover in the early years in the unfortunate event of a claim in the early years.

Canada Life does not have a dust gathering portfolio. While they may not be interested particularly in the life protection market as often their premium rates are the highest, they do offer decent pension products that are suitable for some clients. Great West however realises that Canada Life's...

In order to keep paying for your existing policies you will need to keep paying the premium from an Irish bank account. Probably the best way to get a ball park figure of what you would be paying in the UK with a new policy is to visit a website like comparethemarket. However if you health...

I have found that many customers are uncomfortable with tele-underwriting. In some cases it can be unavoidable for income protection but most of the time there is a paper alternative which can be done in your own time. Clients often have to check their medical history records and can get...

Irish Life always sold through the broker market, there is nothing new there. In relation to selling through banks, each time Irish Life would have gone through a tendering process to obtain the rights to sell through those entities. I personally dont see any issue here. If a person wants...

There are good and bad apples in every industry. Unfortunately a lot of bank insurance sales people are target driven rather than customer focused. Bank sales people are also naturally only focused on their own products regardless of whether there is better out there. Researching the internet...