IFA Centre

• Client: Female
• Age: 44
• Smoker status: Non-smoker
• Medical condition: HIV
• Cover date: 20th August 2019
• Product type: Decreasing term insurance
• Cover amount: £432,000
• Cover term: 20 years
• Premium: £37.49

We were approached on the 2nd of May 2019 when the customer completed an enquiry on our website for life insurance. Our protection advisor then contacted the lady to discuss her life insurance needs and her pre-existing medical conditions. At this point the customer explained that she was looking for £432,000 of cover over a 20-year period to cover her mortgage. Due to the fact that she was looking to cover a mortgage, our protection advisor advised that she should have a decreasing policy as they are designed to cover mortgages, and tend to have cheaper premiums. The customer then disclosed that she has been diagnosed with HIV in 2012 with an undetectable viral load. Due to the fact that HIV can be a potentially high-risk medical condition, the insurers require a GP report for the customer, which usually takes between 4 and 12 weeks to complete. During this waiting period, the customer also had some medical appointments which also delayed her application. However, despite this our protection advisor managed to secure the lady £432,000 of decreasing life cover over a 20-year period to cover her mortgage for a monthly premium of £37.49. This is an amazing result as HIV can be a tricky condition to find cover for due to the potential risks associated with it, and up until fairly recently HIV cover was either very expensive or impossible to achieve, so with that in mind, this is a great result for the customer.

• Client: Male
• Age: 43
• Smoker status: Non-smoker
• Medical condition: Heart attack, tinnitus, asthma
• Cover date: 19th June 2019
• Product type: Level life insurance
• Cover amount: £300,000
• Cover term: 18 years
• Premium: £127.06

We were approached by this gentleman on the 14th March 2019 when he completed an enquiry through our website. Our advisor Alex then called him back to discuss his pre-existing medical conditions and his life insurance needs. At this point he explained that he was looking for £300,000 of cover for an 18-year period, and that he was a non-smoker with asthma, tinnitus, high BMI and he has had a heart attack at the age of 38 that required surgery. Alex then took this information and applied to one of our specialist providers for him due to the age the client suffered his heart attack which meant fewer providers were able to consider offering cover. Despite this, Alex managed to secure him £300,000 of cover for 18 years for a monthly premium of £127.06. This is a fantastic premium considering the client’s medical history and the amount of life cover he required.

Overall, the gentleman was delighted that we have been able to secure him the life insurance that he deserved, and we were able to keep the premiums within his budget as well. We were so pleased that we were able to give the gentleman the peace of mind that he needed, especially as he could be considered to be a more challenging case given the age that he had his heart attack. We love finding cover for people who may have thought that getting protection was impossible, and we want to help as many people as we can to get the protection that they deserve.