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Life Insurance – Medical history increases the cost for 66% of applicants


Lucky applicants for life insurance can be insured within 48 hours and at the premium quoted - but 2 in 3 
applicants are faced with delays plus the prospect of having their premium loaded. 

So who are the lucky ones? Basically, you’ll have to be as fit as a flea with no family history of serious illness, 
under 45, in an office type job and probably applying for less than £250,000 cover. For everyone else there is 
going to be some hassle.

When an insurer provides an initial quote for life insurance, all they know is your age, sex and smoking status. 
They use these details to make an initial prediction of how long you are likely to live and on that basis they give 
you an initial quotation. They call it their “Standard Terms”.

If you want to progress your application you’ll have a multi-page application to complete. This isn’t as daunting 
as it may seem, as most online operators take your details over the phone and send you a copy of the completed 
application for you to check over. But the questions are extensive and if you miss out anything that later turns out 
to be significant, your insurance may well be invalidated. So be warned and take care!

The insurers use your application details to look out for anything that signals current or future concerns about 
your health or life style. Besides the obvious questions that reveal health problems, they also evaluate your weight, 
alcohol and nicotine intake, and any potentially inherited health problems. So if your father died of a heart attack or 
mother died from breast cancer, they’ll be concerned. 

Then there’s your life style. If you’re in a type of job where accidents do happen, construction jobs are a good 
example, or you are involved in any form of dangerous sport or flying, your premium is in line for loading. 
They’ll even want to know whether you regularly travel to countries that are known to represent health risks 
for visitors. And whilst the law doesn’t allow discrimination against same sex relationships, the insurance 
companies will almost always insist on a medical for these applicants.

Insurers freely admit that the number of questions they ask is increasing. They claim it’s to reduce the number 
of claims they refuse. Whilst that may be partly true, the trend has also coincided with an increase in the 
proportion of applicants who are seeing their premiums loaded. Some years ago it was nearer 40% - today’s 
for some insurers the level is virtually 66%.

How much extra might you be asked to pay? That’s a bit like how long is a piece of string. But to give you a feel, 
a woman aged 40 receiving medical treatment for post-natal depression was recently faced with a 50% loading 
on an initial quotation of £7.60. A woman whose mother had breast cancer similarly faced a 50 % loading. 
Seriously overweight people can also expect loadings of 50% to 100% or even refusal.

Faced with a loading what can you do? It’s important to appreciate that the insurance companies giving the 
cheapest initial quote are also likely to have particularly choosey medical criteria. That’s how they keep their 
quoted prices low. So if you’re faced with a loading, the best advice is shop around, Try one of the more 
expensive providers like Friends Provident who are sometimes a bit more lenient. 

Whilst this may sound overly complicated, remember that over the years, an extra £10 a month on a 25 year 
policy represents £3,000 of your hard earned money. If you don’t have the experience or time to do this, 
and after few of us do, speak to an online life insurance broker. 

Competition is high on the Internet and online brokers will normally reduce your premium by cutting their 
commission. Their systems are also well versed in finding alternative providers to alleviate loading problems. 
So keep things simple. Let your keyboard fingers do the walking and let the online broker do all the hard work!



About the author:
Michael Challiner has 15 years experience in financial services marketing at senior level. Michael now 
works as the editor of 
http://ww.express-life-insurance.co.uk
Futher reading http://www.life-assurance-bureau.co.uk/life-insurance/faqs/life-insurance-faq-home.htm
Futher reading http://www.express-life-insurance.co.uk/can-i-get-a-quote.htm






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