We often get asked “Do I need to do a medical or get my GP to confirm my health to get the insurance?” The answer is sometimes – which is usually defined by what the protection is and the duration of, whom we are protecting (and their health challenges) which insurance company(s) we are wanting the insurance from.

I say this because different insurance companies are more or less understanding about specific health conditions (and their severities / when they were diagnosed). This may mean that insurance company A wants to get a medical or a Doctors report whilst company B not!

Understanding the amount of insurance required versus the insurance limits (all insurance companies have limits of protection(s) versus age) if needed we can split the protection so x2 or more companies can spread the amount of insurance load and negate the need to get medical(s) and the delay in getting the Doctors report

Whilst a Doctors report is paid for by the insurance company (with no obligation) the impact to family is that the time it takes to get the information back this can be weeks even months so the go live date and therefore premium changes upward!

In some instances, historic health conditions mean in the short term protection may not be available via medically underwritten insurance. However we can look at protection which requires no medical underwriting! Which families can be accepted straight away. With this style of insurance there are strengths and weaknesses which Golden Rock Solutions would be happy to point as as free independent advice.  

After all if we can get the insurance now with no medical it saves time, protects family quicker and ultimately saves on that monthly premium. But getting the right protection means in the event of a claim family is supported in the best way

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