How does CPME underwriting work?
To make arrangements for a policy on a CPME basis you will need to provide the new insurer with your current insurance certificate. The new provider will also asks some questions about your previous medical history and any claims before deciding whether they will offer you a policy on the same terms.
The new insurer will copy any exclusions from your current policy. Therefore if certain medical conditions are excluded they will be excluded on the new policy as well. If there is a period of time for which a condition is excluded on your old policy (a moratorium) they may impose an exclusion period on the new policy.
The insurer may also be able to offer you a no claims discount based on your previous claims history with the old insurer.
It is important to remember that even though the medical exclusions may be copied over from the old provider all the other terms and conditions will not be copied. Therefore you will need to refer to the terms and conditions of the new insurer.
Consult an independent medical insurance broker
Arranging private medical insurance through a broker gives you the peace of mind that the cover is right for you and your particular circumstances.
Your broker can advise you on your options and find you the most competitive premiums as well as discuss which method of underwriting might be the most favourable.
The adviser can even call the underwriters at various insurers to gain an indication of how they would view your case.