Asthma life insurance, critical illness cover and income protection

The facts about getting life insurance with Asthma

Asthma Insurance should not be difficult to find for most sufferers of Asthma. Insurance for people with mild Asthma symptoms, or who have been diagnosed for long time, will generally be viewed as low risk by their insurance company. This means that many people with Asthma symptoms can expect to be offered standard rates or very small loading applied to their policy. However, as you have pre-existing medical conditions your insurance company will need to assess your medical history, and this could affect your premiums for policies such as critical illness cover, income protection and holiday insurance.

What does Asthma life insurance cost?

The cost of your Asthma insurance will depend on the outcome of the medical screening process. Some questions underwriters may have regarding your asthma symptoms are:

  • How frequently do you experience asthma attacks?
  • Which inhalers do you use and how often?
  • Do you require additional medical treatment (i.e. Steroids) to control your Asthma?
  • Have you ever required emergency medical treatment or hospital admissions due to an asthma attack?

Your premiums for Asthma Life insurance will also depend on:

  • Sum assured (£’s)
  • Term of cover (years)
  • Type of policy (e.g. Family, Mortgage, Whole of Life etc.)

Asthma life insurance rates/ratings

Rates for asthma insurance will generally be view as standard cover and as such will not receive and loading. Your insurance company may require additional underwriting if you are a heavy smoker or require additional medical treatment like steroids to control your asthma symptoms. If you have required emergency medical treatment or hospital admissions in the last five years or suffer from frequent asthma attacks you may see some loading applied to your premium.

Percentage (%) loading for Asthma life insurance

Percentage loading for asthma insurance will apply a % increase to your standard premium. This percentage will be calculated by your insurance company and using a risk-based scale and will depend on the outcome of your medical screening process and medical history. Acceptable levels of loading will vary between insurance underwriters and some Insurance companies can accommodate higher risk clients (e.g. 250%, 300%)


Basic premium
% loading
Final premium
£20.00 50% £30.00
£20.00 100% £40.00
£20.00 150% £50.00
£20.00 200% £60.00
£20.00 250% £70.00

Per mille loadings for Asthma life insurance

‘Per mille loading’ is very unlikely to be applied to your asthma insurance policy as it is often only used for very severe pre-existing conditions. ‘Per mille loading’ applies a set amount of loading (e.g. £1 or £2) per every thousand £’s of cover applied for. This can be applied to premiums on either a short- or long-term basis.

How much asthma insurance cover you need will depend on your financial circumstances and pre-exiting medical conditions. If you are having difficulty deciding on a cover amount, you should be sure to discuss this with your chosen insurance company. We cannot tell you how much cover you may need, but we can provide you with a few simple guidelines that may help.

It is important to remember that any premiums for asthma insurance could increase after underwriting if your asthma symptoms are severe. This will depend on the outcome of the medical screening process and if could affect your policies affordability if additional risj is identified.

  • The amount left to pay on your mortgage.
  • Any outstanding debt (e.g. Loans, second charge, credit cards and other)
  • Dependants
  • Spouse or Partner
  • Annual Income (after Tax)
  • Any financial assets (e.g. car, house, business etc.)

If you feel unsure or require more information to decide how much asthma insurance you will require to secure your family and home, see our Iam insured life insurance calculator [LINK].

As asthma symptoms are often considered either a mild to moderate pre-existing medical condition you are unlikely to have any difficulty obtaining critical illness cover at standard rates. Insurance for people with multiple hospital admissions or frequent asthma attacks that have rendered them unable to work will likely find loading applied to their premium. Critical illness cover will provide policy holders with a cash lump sum should they be unable to work.  When deciding how much asthma insurance critical illness cover you might need consider:

  • Your annual Income (after Tax)
  • Mortgage/rental payments (annual)
  • Cost of living (annual)
  • Any other potential costs (e.g. medical treatment or adaptations, replacement of lost or stolen inhalers)

Asthma insurance income protection cover will provide you with regular payments should you become unable to work. Underwriting for income protection is often far stricter making it more difficult for people with pre-existing medical conditions such as asthma to obtain cover. Suffers with mild asthma symptom will still obtain cover on standard terms. More severe cases with frequent asthma attacks, hospital admissions, or additional medical treatment are likely to have loading applied by their insurance company. If you are applying for asthma insurance income protection cover you should account for:

  • Monthly income (after tax)
  • Mortgage/rent payments
  • Debts (other)
  • Cost of living

Which insurance companies offer Asthma life insurance?

Insurance for people with asthma will not be difficult to obtain and your insurance company is unlikely to view it as a serious pre-existing medical condition. If your asthma symptoms are very severe you could be offered Asthma Insurance at a higher rate and may find that quotes could vary significantly.

If you are struggling to find asthma insurance that works for you, consider contacting a specialist insurance company like Iam Insured. Iam insured are authorised and regulated by the financial conduct authority and are registered in England and Wales.  To speak with one of expert advisors, contact our registered office now on [TELE] or send us an email [EMAIL].

Asthma critical illness cover and income protection providers

Asthma insurance policies which provide critical illness cover or income protection are often easily obtainable for mild sufferers. As your insurance company is likely to have stricter criteria for income protections, you could see additional loading to your premium. This is even more likely when dealing with insurance for people with severe asthma symptoms, frequent asthma attacks or additional medical treatment.

If you have been declined for an asthma insurance critical illness cover or income protection policy in the past, consider applying again through an insurance company like Iam Insured. We understand how valuable these policies can be to your wellbeing and can help you to find the right cover at the right price.

Our team of insurance experts will help you to get some of the best deals from the UK’s top companies to save you money.

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