One of the most likely reasons for being declined life insurance is due to your medical history.
Each medical ailment is considered differently, with many pre-existing conditions not affecting your chances of getting cover or the cost of premiums.
In many instances, if your medical condition is well managed and not life-threatening, you're likely to be able to secure standard terms of cover, although premiums may be inflated to mitigate the insurers' risk.
In the instance of a newly diagnosed medical condition, it's likely your application will be deferred to allow the insurer to determine how the illness will progress over time.
This is also the case for recent major operations, as the life insurance provider will want clarification on your recovery before accepting your application.
As discussed, if you've been previously declined on medical grounds, you may wish to consider an over 50s plan which doesn’t take into account any information regarding your medical wellbeing.
Although it's worth noting, most over 50s plans implement a waiting period at the beginning of a policy, for which you must outlive for cover to be valid (usually 12-24 months).
To understand how your particular medical condition will affect your likelihood of being accepted contact our team today to discuss your individual case.