Arranging life insurance with  Spondylitis

Arranging life insurance with Ankylosing Spondylitis

Our Client

We are often approached by clients who have pre-existing medical conditions or have suffered a serious illness in the past.

We were contacted by a couple who had recently taken out a new repayment mortgage of £425,000 over a term of 30 years. They needed to arrange mortgage cover which would repay their outstanding mortgage in full in the event of one of their deaths.

However, Mr H was diagnosed with Ankylosing Spondylitis in 2016 when he was just 26 years old.

What is Ankylosing Spondylitis?

Ankylosing spondylitis (AS) is a long-term condition in which the spine and other areas of the body become inflamed. AS tends to first develop in teenagers and young adults. It’s also around two times more common in men than in women.

The symptoms of AS can vary, but usually, involve*:

  • back pain and stiffness
  • pain and swelling in other parts of the body – caused by inflammation of the joints (arthritis) and inflammation where a tendon joins a bone (enthesitis)
  • extreme tiredness (fatigue)

These symptoms tend to develop gradually, usually over several months or years and may come and go over time. In some people, the condition gets better with time, but for others, it can get slowly worse.

*NHS Choices July 2019

Our research

We found that most insurers would increase their standard premiums by 50- 75%. Some even wanted to double their quoted premiums and a few declined to offer cover at all whilst he was on any kind of medication.

One insurance company, however, indicated that as long as the medication he is taking is not a steroid, is taken orally and the condition causes no major restriction on his lifestyle, they would be able to offer life insurance on their standard rates. As Mr H is taking his medication by way of injection, he was happy to proceed with this insurer.

The outcome

The application was accepted immediately on standard terms without the need for any further medical evidence which was exactly in line with our pre-underwriting research.
Mr H and Ms B were happy to take out the policy with a sum assured of £425,000 to fully cover the mortgage over the 30-year term and their monthly premium was £24.16.

It pays to speak with an expert.

Please note that the premiums provided are indicative only and are based on this specific case study/ example, which is shown for information purposes only. Your own circumstances will determine whether the amount payable is more or less than the figure quoted.

Client no. 144837127

Our process

When a client has a pre-existing condition or has suffered a serious illness in the past, the first thing we do is pick up the phone and speak to underwriters at many of the UK’s leading insurance companies. Discussing all of our client’s medical history helps us to identify the best company to apply to and avoids wasting time applying to companies who may be too expensive or worse, decline an application.  By completing our research thoroughly, we are able to shorten our research process and obtain the best possible terms for our clients.

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Next steps

Whilst you are welcome to get a quote online we would recommend you talk to one of our advisers.

Any quote we provide you with will take into account to your circumstances, your medical history, as well as your budget!

An online quote is just that – a quote – it isn’t a definite offer of cover. What really matters is the premium you are offered, after your application has been assessed.

Call Freephone 0800 644 4468 – Monday to Thursday from 09.00 to 19.00 and on Friday between 09.00 and 17.00.

Please feel free to read our Independent client reviews, or read about the team at Future Proof

Take a look at our handy guides ‘What Cover is Right for me?’

Do you suffer from a medical condition and concerned you can’t secure Life Insurance?  Please view our ‘Medical Guides’ for further information.

Whilst we will make every endeavour to help someone to arrange insurance, there is no guarantee of success.  All applications are subject to underwriting.

Please note that the premiums provided are indicative only and are based on this specific case study/ example, which is shown for information purposes only. Your own circumstances will determine whether the amount payable is more or less than the figure quoted.

Links to third-party websites exist for information only and we accept no responsibility or liability for the information contained on any such sites. The existence of a link to another website does not imply or express endorsement of its provider, products or services by us or St. James’s Place.

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