What Is Neurological Disorders Life Insurance?
There is a vast range of types and severities of Neurological Disorders which will have a varying level of impact on the premiums you will pay for life insurance, critical illness cover or income protection. Our team of experts has helped thousands of individuals and families to get the protection they need even with a history of Neurological Disorders.
Some of the most common types of Neurological Disorders:
Alzheimer’s Disease
Arteriovenous Malformation (AVM)
Asperger’s Syndrome
Brain Tumour
Dementia
Duchenne Muscular Dystrophy
Encephalitis
Guillain-Barre Syndrome
Motor Neurone Disease
Meningitis
Narcolepsy
Spina Bifida
Tourette’s Syndrome
As you can see from the list above, there are some potentially severe medical conditions which fall under the banner of Neurological Disorders for life insurance,
critical illness cover or
income protection.
How Neurological Disorders life insurance, critical illness cover and income protection works
Some of the main factors which would be taken in to consideration by underwriters when assessing an application for a Neurological Disorders life insurance, critical illness cover and income protection are:
Age at diagnosis
Type of Neurological Disorder
Medication or treatment
Any surgery or hospitalisation
General level of health
If you are looking for a quote for Neurological Disorders life insurance, critical illness cover and income protection to protect your family, home or business then you should speak to one of our team of experts. Our advisers work solely for people who are classed as non-standard by insurance underwriters because of their medical history which means that we understand your needs as well as know which insurers would be better for your individual circumstances.
Critical Illness Cover
It can be possible to get Neurological Disorders critical illness cover in some cases where the condition is considered to be mild or low risk. There are also some Neurological Disorders where it is not possible to get critical illness cover so it is worth asking one of our expert advisers to see what we can do for you.
There has also been a number of improvements over the past several years for Neurological Disorders critical illness cover underwriting so it may be possible to get cover for your condition now where cover was not available previously. Some milder conditions such as Back Pain, Epilepsy, Migraines or Seizures can be fairly simple to get cover for and with little or no impact on premiums.
Income Protection Insurance
It is possible to get cover for Neurological Disorders income protection but only in a limited number of milder cases with non-severe symptoms. There are only a limited number of Neurological Disorders where income protection is available due to the potential longer term risks to health and your ability to work.
In most cases we see for Neurological Disorders income protection it can be difficult to get this type of cover where the condition is more severe and has more of an impact on your lifestyle.
Neurological Disorders life insurance
Due to the fact that these types of conditions can vary dramatically in severity, you will find that offers for Neurological Disorders life insurance can range from standard rates so the same as someone with no medical issues, all the way up to potential decline. It is a well known fact that Neurological Disorders are potentially life threatening in some cases but on the other hand, not many people consider these types of conditions to be non-life threatening and potentially low risk. It is important for Neurological Disorders life insurance applications to speak to an expert who understands your medical condition and knows how that can affect your premiums.
Some of the main issues when assessing any applications for Neurological Disorders life insurance are:
How long have you suffered from the condition
What type of Neurological Disorders do you suffer from
Have you undergone any surgery because of your condition
What treatment or medication are you taking
In a large number of cases, especially where the Neurological Disorder is considered to be more towards the high risk end of the spectrum (e.g. Brain Tumour, Multiple Sclerosis or Stroke), you may find that your premiums could increase to reflect the level of risk. Insurance underwriting for Neurological Disorders life insurance can vary dramatically from one insurance provider to another which is why it is so important to speak to an expert such as The Insurance Surgery.
If you suffer from a Neurological Disorder and have previously applied for life insurance or if you are considering looking at cover but simply do not know where to begin then we’re here to help. It is also possible that some insurance providers may decline your application for Neurological Disorders life insurance but that does not mean that every insurance provider would not accept your application so let us know if this has happened to you.
