Cookie Use

Drewberry™ uses cookies to offer you the best experience online. By continuing to use our website you agree to the use of cookies. If you would like to know more about cookies and how to manage them please view our privacycookie policy.

What Does Moratorium Underwriting Mean on My Health Insurance?

I have just been given company Private Medical Insurance through work and received my policy documents today. It said my Health Insurance policy has moratorium underwriting, but I’m a little confused as to what this means?

Question asked by Anna Biggins

What is Medical Insurance Underwriting?

Thank you for your question, Anna. This is one of the most popular questions that our clients ask us about their Individual Health Insurance.

It’s important to understand the answer as it can make a significant impact on the amount of coverage you receive from your Private Medical Insurance (PMI) policy.

Moratorium underwriting can be quite difficult to understand, which is why we’re here to help.

To start with the basics, the term ‘Underwriting‘ is used to describe how insurers assess the extent of coverage you are eligible for – either before you take out Health Insurance or when you make a claim.

Typically, insurers would use your medical history to decide the level of coverage that you will get with your policy.

There are three main types of Underwriting when it comes to Group Private Medical Insurance:

  • Full medical underwriting (FMU)
  • Moratorium underwriting
  • Medical history disregarded or MHD (note that PMI with medical history disregarded underwriting is only available on larger group schemes and is the most expensive).

What is Moratorium Underwriting?

The type of underwriting on your Company Heath Insurance scheme, moratorium underwriting, does not require you to submit any details about your past health.

Instead, the insurer will exclude treatment for any conditions you have suffered from in the recent past. This is often set as the past 5 years, and any conditions suffered during this period are defined as pre-existing.

However, there is a complication to be found with moratorium Health Insurance underwriting, known as a 2 year rolling moratorium, which is used by some insurers.

What is rolling moratorium medical underwriting?

If you have a 2 year rolling moratorium it means that although pre-existing conditions would be excluded from the plan at the point of application, your insurer may allow you to include them in your plan at a later date.

In order for pre-existing conditions to be included in your Private Health Insurance plan, you would be required to go a certain length of time without exhibiting any symptoms of your preexisting condition in addition to not receiving any treatment, medication, or professional medical advice.

Typically, this period extends to 2 years and if you manage to fulfil this requirement, the condition will be added to your plan. Should it reoccur from that point, you would receive coverage from your insurer for it.

It is important to note that the definition of Moratorium Underwriting can vary between insurers. To ensure that you are getting the right amount of coverage, you will need confirm the definition in your policy terms with your insurer before you make the final decision.

What is Full Medical Underwriting?

Full medical underwriting involves disclosing your full medical history prior to your Health Insurance policy being finalised on a health declaration form. Your insurer will use this information to decide the conditions and treatment you’ll be eligible for under the plan.

PMI with full medical underwriting requires a medical application to join the scheme.

This application will include declaring any past health conditions or treatments you may have had as well as any conditions you are currently suffering from or being treated for.

With all of this information, the insurer would then decide what you would or would not be covered for under your PMI policy.

What is the Best PMI Underwriting?

The question of which type of Underwriting is the better one is a question that we are often asked by our clients. Because so many people have wanted to know the answer, we have put together a full length guide – Moratorium Underwriting vs Full Medical Underwriting.

Need Help?

If you still have any questions regarding either type of Underwriting on Health Insurance or would like an answer that’s a bit more personal to you, feel free to pop us a call on 02074425880.

We started Drewberry because we were tired of being treated like a number and not getting the service we all deserve when it comes to things as important as protecting our health and our finances. Below are just a few reasons why it makes sense to talk to us.

  • There is no fee for our service
  • We are independent and impartial
    Drewberry isn’t tied to any insurance company, so we can provide completely impartial advice to make sure you get the most appropriate policy based solely on your needs.
  • We’ve got bargaining power on our side
    This allows us to negotiate better premiums for you than you going direct yourself.
  • Benefit from our 5-star service
    We pride ourselves on providing a 5-star service, as can be seen from our 2419 and growing independent client reviews rating us at 4.92 / 5.

This firm is the best in the market!! The staff are experienced and they know exactly how to help with such major decisions. Thank you especially to Rauri: a 5 star service throughout. I will recommend and use Drewberry again.

Alberta Opoku
06/10/2019
Compare Top 10 UK Insurers
Takes approx. 60 seconds

Or call us on 0208 432 7333

Compare Top UK Insurer Quotes Logos
Contact Us
Head Office & Pensions and Investments
Millennium Bridge House
2 Lambeth Hill
London
EC4V 4GG
Personal Insurance & Accounts Payable
Telecom House
125-135 Preston Road
Brighton
BN1 6AF
Drewberry London Office MapDrewberry Brighton Office Map
Our Core Principles
  • 1You Come FirstWe are a client focused business who always aim to put you first.
  • 2We are ExpertsTo provide you with the best advice, we need to know our stuff!
  • 3We are HumanWe are real people with feelings who are here to help you.
  • 4We are ProfessionalProviding a 5-star service requires a professional approach to everything we do.
  • 5We are here to EducateWe don't believe in sales, we are here to educate so you can make informed decisions.