When arranging life insurance, depending on your personal circumstances, some policies come with exclusions.
These will be detailed on a case by case basis and will require manual underwriting.
For example, if you suffer from Type 1 diabetes, it may be written into your cover that if the cause of death is directly linked to your condition or caused by a related illness, such as heart attack or stroke, your cover will not be valid.
If this is the case, a pay out will be declined on this basis.
Alternatively, some policies may also include exclusions if you were to take up residence within specific areas of the world.
Moving to these areas could result in your life insurance becoming invalid and a pay out being declined.
All exclusions will be explained at the point of application and it may be possible to ask for inflated premiums to ensure all causes of death are included.
Alternatively, if you're likely to have exclusions included within your cover, due to pre-existing conditions, at Reassured we work with a number of specialist insurers who are likely to provide more comprehensive cover.
Contact our team today to discover your policy options.