Answered by Andrew Jenkinson
How the insurers view an applicant with a family history of cancer
Yes. Each insurer has their own way of measuring risk, therefore each insurer will view things differently. There are a few variants that the insurers will consider when it comes to covering a family history of cancer.
The insurers will only consider your natural parents and siblings, if you are unsure of your family history or don’t know your parents, the insurers will not take family history into consideration.
Some of the factors they consider will include the following:
- Your gender
- Type of cancer suffered by family members
- The number of family members that have suffered with the condition
Once this information has been assessed, there can be a couple of outcomes. The insurers may exclude the condition from any future claims, but you will be covered for everything else. Or they could increase the premium to reflect the higher risk, this is known as a “loading”.
We can help you find the most suitable provider
The research on finding which income protection insurer would provide the most favourable outcome, can be done by one of our advisers on your behalf at no extra cost.
Frequently Asked Income Protection Insurance Questions
Ciaran was Brilliant and provided a thorough service that delivered exactly what I was looking for. Very paitent and made even the most complex terminology sound simple.
Very professional service. I was overwhelmed by the amount of different policies which came up from my online search but Victoria from Drewberry helped me find the most relevant ones over the phone and answered any questions I had. I was really impressed by the standard of service Drewberry offered.
Jake Mills is the guy to go to. He listens to your needs and will stay in touch. He is a really good adviser and will find you the best policy for your needs. Always ask for Jake.