As with other policies, the cost of a Managed Life policy will be affected by your smoking status, medical history, term length and sum assured.
But mostly, it'll depend on the individual circumstances of your medical condition(s) and/or your weight.
The Exeter will need to know specific details of your condition, for example how long since diagnosis, current symptoms and any treatment received.
They will take into account your BMI and/or your most recent HbA1c level in correlation to your age.
For example, if you're 50 and have a BMI of 42, then you're likely to pay a 100% loading on top of the standard premium.
Anyone at any age with a BMI of between 18 - 30 is considered a healthy weight and would expect to pay a standard premium.
The Exeter offers policyholders the opportunity to reduce their premiums over time (up to 35%) by improving their health and reaching specific health goals.
It's expected that you’ll pay elevated premiums for an impaired policy, however, you may not fall into the impaired category for every insurer.
Different insurers employ a different underwriting process and this, therefore, results in varying quotes for the same cover.
Contact Reassured today and one of our knowledgeable advisors can help you understand your available options.