Ulcerative Colitis Life Insurance
If you have been diagnosed with Ulcerative Colitis, you may have been quoted very high premiums or even refused Life Insurance altogether.
Knowing where to look to find the best Ulcerative Colitis Life Insurance policy can be tricky. But as a specialist in this area, we can help!
Ulcerative Colitis is an Autoimmune condition that causes the Colon & Rectum to become inflamed. The main symptoms of the condition are recurrent diarrhoea & stomach pains, though during a flare-up, an individual could experience the following:
- Swollen & painful joints
- Painful skin
- Dry & irritated eyes
- Mouth ulcers
- Shortness of breath
- Fever
- Rapid heart rate
Can I get Life Insurance with Ulcerative Colitis
In most cases, the answer will be yes! But here’s why the process may be a little less straightforward..
The Risks Associated with Treatment
The most common forms of treatment for Ulcerative Colitis are typically steroidal or immunosuppressant. As there can be long term complications or risks from taking these medications, Life Insurance companies will often increase your premiums to cover this risk.
Duration & Severity
The impact your condition has on premiums will vary depending on how long you have suffered with the condition, and how severe your symptoms are. All Life insurance providers will therefore ask a number of questions to gain a clearer picture of your unique situation, such as:
- When were you diagnosed with Ulcerative Colitis?
- Do you still experience symptoms?
- When was your last flare-up?
- What medication do you take?
- Have you experienced any complications?
Life Insurance companies in the UK all have different underwriting guidelines so knowing where to look to get the best rates can be difficult! At Your Life Protected, we specialise in securing Life Insurance for people with Autoimmune conditions such as Ulcerative Colitis. So if you are looking for a new Life Insurance policy, or if you already have cover but would like to see if you could reduce your premiums, give our experts a call on 01275 404 268 or request a Life Insurance quote online.
- Can I get Life Insurance with Ulcerative Colitis?
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In most cases the answer is yes. As Life Insurance companies assess your medical information at application stage, all current and previous conditions will be factored in, including your Ulcerative Colitis. The severity of your condition, symptoms, medications and any complications will be considered before terms can be offered, but in most cases, insurers should be willing to offer cover.
- How much will I pay for Life Insurance with Ulcerative Colitis?
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The price you pay will depend on more than just your Ulcerative Colitis diagnosis, many factors are considered, such as:
- Your age
- Cover you’re looking to secure
- The type of policy you apply for
- Smoking status
- BMI
- Other medical conditions etc…
Many people with Ulcerative Colitis will pay more than another individual without the condition, so knowing where to look for the best option is key, and we can help.
- Can I secure Critical Illness Cover with Ulcerative Colitis?
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Underwriting rules for Critical Illness Cover are often much stricter than those for Life Insurance, and because of this more providers may refuse to offer cover. The severity of your Ulcerative Colitis and treatment types can have a big impact on what options may be available, but in many cases we are able to secure Critical Illness Cover for clients with Ulcerative Colitis.
- I’ve been refused Life Insurance because of my Ulcerative Colitis previously; can I get cover?
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We often speak with clients who have been refused Life Insurance because of their medical history, and there are several reasons this may have happened: Some clients may have applied when symptoms of their Ulcerative Colitis were particularly severe or uncontrolled. They may have been waiting for new investigations or surgery, or they may have simply applied to a Life Insurance provider that had very strict underwriting guidelines for Ulcerative Colitis. In any case, we can assess your situation and provide any and all available options. Ultimately, just because you have been refused cover in the past, it does NOT mean cover won’t be available in the future.
