Kidney Transplant Life Insurance
Facts about kidney transplant life insurance
If you have received any form of major organ transplant, you might be skeptical on your likelihood of obtaining life insurance. Whether that be a kidney transplant, heart transplant, liver transplant or pancreas transplant, there are suitable life insurance policies available, ready to support you.
In the case that you have undergone a kidney transplant, here at Iam Insured, we work alongside top UK health insurers who provide kidney transplant life insurance, critical illness cover, income protection and travel insurance – All suitable to protect your personal needs.
If you have received transplant surgery and would like to discuss the available options open to you, contact our expert team. They will advise you on the most suitable policies for kidney transplant recipients, along with general kidney transplant life insurance. 01244 732 890
How much does kidney transplant life insurance cost?
When you apply for kidney transplant life insurance as a transplant patient, your current health will need to be taking into consideration. This will then influence the cost of your cover, including the addition of terms and policy exclusions.
If you are applying as a living donor who has experienced organ donation, you are more than likely to receive standard terms when applying for kidney transplant life insurance. This can vary depending on the insurance provider you select, however if no lasting damage is present, standard premiums are usually offered.
Your premiums for kidney transplant life insurance will depend on:
- Your current health condition, including any ongoing kidney transplant symptoms.
- The extent of your medical history.
- The type of insurance product you’re looking for – (Income protection, critical illness cover, travel insurance).
- The term of your kidney transplant life insurance policy.
Purchasing your kidney transplant life insurance policy through Iam Insured
Whether you are an organ donor or a kidney transplant patient, we can provide you with a variety of policies to protect you. Whether that be a generic kidney transplant life insurance policy, to income protection, critical illness cover or travel insurance – Our expert insurance providers have suitable cover for you.
Policies, premiums and exclusions will vary depending on your personal circumstances, however we will work with you to find the most appropriate yet reasonable cover for you. Contact our team to progress your kidney transplant life insurance policy today.
Exclusions for kidney transplant life insurance, critical illness cover, income protection or travel insurance
An additional outcome when applying for either kidney transplant life insurance, critical illness cover, income protection or travel insurance is ‘exclusions’. Exclusions are classified as conditions which can be related to your kidney transplant surgery/symptoms. In some cases, they will be excluded from your policy.
To find out how exclusions could affect you or to retrieve your own personal quote, contact our team 01244 732 890.
They will guide you in finding the most appropriate yet affordable protection, whether that be a generic kidney transplant life insurance, critical illness cover, income protection or travel insurance.
How much cover do I need?
When applying for kidney transplant life insurance, the amount of cover required will depend on your current health history, along with your personal requirements, and the type of cover you are looking for. If you are looking for kidney transplant life insurance, critical illness cover, income protection or travel insurance, here are some ways to help you gauge cover amounts:
Kidney transplant life insurance amounts of cover
If you are looking for a general kidney transplant life insurance policy, your likelihood to obtain will depend on your current health state. If you have undergone transplant surgery, you will usually have to wait 1-year post surgery to receive full life insurance protection. Additionally, the severity of your symptoms will have an influence on your eligibility for a standard or a special terms policy. Here are factors you should consider if you are eligible for kidney transplant life insurance:
- Mortgage amount (£’s)
- Outstanding debt (e.g. Loans, second charge, credit cards and other)
- Spouse or Partner
- Income (after Tax)
- Assets (e.g. car, house, business etc.)
To gauge a personal calculation, see our Iam Insured life insurance calculator , or to discuss your application for a kidney transplant life insurance policy, contact our team on 01244 732 890.
Kidney transplant critical illness cover amounts
Critical illness cover is currently unavailable for those who have received a kidney transplant. However, this cover is available for those who have donated their kidney. Critical illness cover may be obtained under standard terms if no lasting complications post-surgery are present. Here are factors to consider when gauging kidney transplant critical illness cover amounts:
- Income (after Tax)
- Mortgage payments (annual)
- Cost of living (annual)
- Any other possible costs (e.g. medical treatment or adaptations)
To discuss your likelihood of obtaining a standard terms critical illness cover policy, contact our team on 01244 732 890.
Kidney transplant income protection amounts of cover
For those who have received a kidney transplant, income protection cover is currently unavailable, however we would recommend an accident, sickness and unemployment policy. If you have donated a kidney, income protection cover may be available to you, to support you financially while you recover. However, exclusions may be applied. See your insurance providers terms and conditions prior to applying for income protection cover. If you are eligible, consider these key factors to gauge cover amounts:
- Monthly income (after tax)
- Mortgage/rent payments
- Debts (other)
- Cost of living
Kidney transplant travel insurance amounts of cover
If you are looking to travel but have received an organ transplant, we advise a travel insurance policy suitable for those with pre-existing medical conditions. This will provide you with peace of mind and ensure you are fully protected while travelling to a different country.
Percentage (%) loading for kidney transplant life insurance
When applying for kidney transplant life insurance, insurance providers will analyse your medical history to calculate your premiums using a percentage loading strategy. They will take into consideration whether you are the organ donor, or transplant patient, including any lasting symptoms. This will then help them calculate a percentage loading which will be added on top of your kidney transplant life insurance premiums. Be aware that percentages do vary depending on your selected insurance provider.
Per mille loadings for kidney transplant life insurance
In addition to percentage loading, you may experience ‘per mille loading’ when applying for kidney transplant life insurance. A ‘per mille loading’ will be a further amount added to your premiums which is calculated based on the amount of cover you apply for (e.g. £2 per thousand £’s of cover). This can either be applied for the whole term of your kidney transplant life insurance, or for a selected period of time.