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Haemochromatosis Life Insurance

Facts about Haemochromatosis Life Insurance

Have you been diagnosed with or experience symptoms of haemochromatosis? Here at Iam Insured, we understand how much of an impact this can have both physically and mentally, and that any form of support can help. That is where our passion lies – to support you with haemochromatosis life insurance policies, offered by the most reputable life insurance companies, helping you through these difficult times.

Whether you’re looking to protect yourself (critical illness cover), your family and finances (income protection) or an upcoming trip abroad (travel insurance), we have affordable policies to help you through the effects of haemochromatosis.

Get in touch with our expert team today who will get to know your personal requirements and advise on the most appropriate haemochromatosis life insurance cover. [EMAIL/TEL]

How much does haemochromatosis life insurance cost?

When applying for haemochromatosis life insurance, most insurance providers will request a copy of your medical history to understand your haemochromatosis diagnosis, symptoms, treatment/medication and any related medical conditions. This is a standard process to ensure you are receiving enough protection.

Within this process, providers will request a blood test to measure your ferritin levels, iron levels, and genetic testing for the HFE gene. If your haemochromatosis is well controlled, standard terms may be offered when applying for life insurance. If you have an iron overload where related medical conditions are present, such as liver disease or organ damage, haemochromatosis life insurance cover will be offered with additional premiums.
To retrieve your free personal quote or to progress your haemochromatosis life insurance policy, contact our team today! 01244 732 890

Your premiums for haemochromatosis life insurance will depend on:

  • The severity of your haemochromatosis diagnosis, including any related medical conditions such as organ damage.
  • Your blood test results including your ferritin levels, iron levels and genetic testing of the HFE gene.
  • The type of insurance product you’re looking for – (Income protection, critical illness cover, travel insurance).
  • The term of your haemochromatosis life insurance policy.

Percentage (%) loading for haemochromatosis life insurance

When applying for haemochromatosis life insurance, insurance providers will gauge the cost of your life insurance policy by using percentage loading. Percentage loading is where an additional cost is added to your premiums, based on the severity of your diagnosis. Please take into consideration that percentages will vary depending on your selected provider when applying for haemochromatosis life insurance.

EXAMPLE:

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 haemochromatosis life insurance

A further outcome you should expect when applying for haemochromatosis life insurance is ‘per mille loading’. This is where insurance providers add an additional figure on top of your premiums based on the amount of life insurance you apply for. This is usually the case when applying for cover for medical conditions such as cancer, however is a factor to consider when applying for haemochromatosis life insurance.

When applying for cover such as haemochromatosis life insurance, critical illness cover, income protection or travel insurance, an additional outcome you may experience is ‘exclusions’. Exclusions are categorised as medical conditions which are related or caused by your haemochromatosis diagnosis.
To gain a greater understanding of how exclusions may affect you or to retrieve your own quote for haemochromatosis life insurance, critical illness cover, income protection or travel insurance, get in touch today! [LINK]

When applying for haemochromatosis life insurance, critical illness cover, income protection or travel insurance, it is difficult to provide a full recommendation prior to understanding the severity of your diagnosis/symptoms. However, there are a few factors you can think about now, prior to applying to gauge cover amounts:

When applying for haemochromatosis life insurance, the underwritten guidelines are straightforward. If your diagnosis is mild, where an average level of iron is present, and you’re able to control your condition well, life insurance cover will be offered under standard rates. However, if your diagnosis is severe, including regular symptoms and related medical conditions, cover will be offered with an increase of premiums.

Here are some factors you should consider when gauging cover amounts:

  • Mortgage amount (£’s)
  • Outstanding debt (e.g. Loans, second charge, credit cards and other)
  • Dependents
  • Spouse or Partner
  • Income (after Tax)
  • Assets (e.g. car, house, business etc.)

To start your haemochromatosis life insurance policy today, contact our team on 01244 732 890.

When applying for critical illness cover, similar guidelines are followed when applying for life insurance. It is highly likely that insurance providers will request a full overview of your medical history. If your haemochromatosis diagnosis is mild where little symptoms are present, critical illness cover will be offered under standard terms. However, if your diagnosis is greater and you struggle to control your condition, an increase of premiums will be added to your policy.

To discuss how critical illness cover can support you through times of need, contact our team today! Here are some factors you should consider prior to applying for critical illness cover:

  • Income (after Tax)
  • Mortgage payments (annual)
  • Cost of living (annual)
  • Any other possible costs (e.g. medical treatment or adaptations)

If you are diagnosed with hemochromatosis, income protection may be available to you. Insurance providers will gauge your eligibility by understanding the severity of your symptoms, along with reviewing your full medical history and employment records. If your haemochromatosis is mild which can be well controlled, income protection should be offered to you under standard rates. However, if your condition is difficult to control or secondary medical conditions are present, income protection will be offered with additional premiums and exclusions.

If income protection isn’t suitable for you, contact our team today who will advise you on alternative similar insurance policies. Prior to applying, here are factors to consider:

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

To discuss your eligibility for income protection cover, contact our team today on 01244 732 890.

If you are intending to travel abroad, we advise purchasing travel insurance suitable for those with pre-existing medical conditions. This form of travel insurance will fully protect you while experiencing hemochromatosis symptoms. Click here to view our travel insurance options: [LINK]

Purchasing your haemochromatosis life insurance policy with Iam Insured

Do you suffer with haemochromatosis or symptoms of? Here at Iam Insured, we offer a wide variety of affordable policies through our database of top life insurance providers!
Whether you’re looking for haemochromatosis life insurance, critical illness cover, income protection or travel insurance, we can source the most suitable policies for you.

Please be aware that policies will vary, including the underwritten guidelines of each including premiums and exclusions included. Contact our team today to kickstart your own personal haemochromatosis life insurance policy! 01244 732 890

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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