Compare Quotes Impaired Life Insurance Can you secure affordable cover if high risk? Rated 'Excellent' with 58,634 customer reviews Homepage Life insurance Impaired Life Insurance What is impaired life insurance? If you've ever heard the term impaired life, or impaired risk, in relation to life insurance, you might wonder what it means? More importantly, if you're classified as impaired, you'll want to know what impact this has on you securing affordable life insurance. Impaired risk refers to an applicant who doesn't meet the insurer's standard criteria to obtain the most affordable rate. Impaired, signifies that you're considered a higher risk and therefore more difficult to insure. However, being labelled impaired doesn't necessarily mean you can't secure affordable life insurance. At Reassured, we have a specialist impaired life insurance team who can help secure cover where you may otherwise have had difficulty. Read on to find out exactly how being classed as impaired risk can affect your life insurance… 45% of customers declined elsewhere are accepted with Reassured Compare Impaired Life Insurance Quotes » Impaired risk life insurance If you’re regarded as impaired, the insurer has decided that because of certain key factors, often health-related, you’re more likely to make a claim. As a result of being deemed high risk by the insurer, your premiums will be more expensive compared with a standard applicant. Therefore, it's more essential than ever to compare quotes to secure the best deal. Once cover has been secured, whilst you may be paying slightly more, the terms of the cover won't differ from a standard applicant. Contact our dedicated team today to arrange life insurance protection. How much life insurance do you need? Enter your financial commitments below to understand the level of impaired life insurance cover you require. Remaining mortgage debt? ? £ Childcare, school or higher education costs? ? £ Loans, credit cards & any other debts? ? £ Additional lump sum gift? ? £ Funeral costs? ? £ Existing life insurance, death in service & savings? ? £ - Your total cover estimate £ 0 Let us find your best quotes. Compare Impaired Quotes » Impaired life insurance providers In recent years, the life insurance market has become more accommodating to impaired applicants. As a result, not only do many specialist insurers exist, but many mainstream insurers are accepting higher risk applicants. At Reassured, we work with major insurers, as well as impaired specialists The Exeter, to help secure you the best quote. Our award-winning team are trained to understand individual circumstances and determine the insurers most likely to accept your application. We have a specialist team dedicated to finding cover for applicants who may have struggled previously. 45% of customers who have been declined elsewhere have found cover through Reassured. Contact us today to discover your policy options and receive your free quotes. Does this mean you can't secure life insurance? No. Although a small percentage of applications are declined outright, in the majority of cases being impaired doesn’t mean you’re uninsurable. As discussed, the modern life insurance market is much more accommodating than it used to be, and provisions for all sorts of circumstances. Some insurers now specialise in providing impaired life policies and being labelled as impaired doesn’t mean you won’t be able to secure standard cover. It may mean, however, that you need to shop around and compare quotes in order to find the most competitive deals. We can help you compare multiple quotes, at no cost to you. How does impaired life affect your policy? The main impact being an impaired risk will have on your policy is the amount you pay for your monthly premium. Another potential impact is an insurer may ask more health and lifestyle questions. Others may request access to your medical records. In certain cases, you may be asked to go for a medical exam, in order to satisfy the insurer of your current health. Usually, the terms of your cover will not be affected and you will be insured for all the same causes of death as a standard applicant. However, the cost and terms of your cover will vary depending on your individual circumstances. Compare quotes from impaired risk specialist insurers Compare Impaired Risk Life Insurance Quotes » Who is classed as an impaired risk for life insurance? There are many reasons why an insurer's underwriters may class you as an impaired risk. We have broken this down into 4 areas: medical conditions; dangerous occupations; sports professionals and dangerous hobbies. 1) Medical condition You may be considered impaired if you have a pre-existing medical condition, which could impact your life expectancy and/or your ability to work. Those with a family history of hereditary health problems, drug and/or alcohol addiction, heavy smokers or the clinically obese may also fit into this category. Monthly premiums could increase by 25%, 50%, 75%, 100% or even 150%+, depending on how serious a risk the condition is considered. Common impaired conditions include: Cancer Diabetes Crohn's disease Heart attack Epilepsy HIV Mental health Severe depression Multiple sclerosis Obesity Stroke Permanent disability 2) Dangerous occupations People who work in a job where there's an increased risk of death and/or serious injury, are likely to be classed as impaired too. This includes those in the armed forces, people who work at height, as well as those that handle heavy machinery. Common impaired occupations include: Armed services Police service Fire service Offshore workers Fishermen Stuntman Prison officer Security guard Airline pilot HGV driver Even if you're job is not considered high-risk, but you're self-employed, you could be particularly vulnerable. This is because you don't enjoy the protection provided by an employer; death in service, company pension, health care, sick pay etc. 3) Sports professionals Some sporting professionals may also find they're a higher risk in the eyes of the insurance underwriters. Sports deemed dangerous and where there is statistically a greater chance of serious injury or death include: Equestrian sports Motorsport Rugby Watersports Boxing Cycling 4) Dangerous hobbies / Extreme sports Even if you don't play a sport professionally, your lifestyle can impact your life insurance. If you regularly enjoy extreme sports, such as snowboarding, it's likely to increase the cost of your premiums. Commons impaired hobbies include: Skydiving Parachuting Scuba diving Snowboarding Rock climbing Gliding Motorsports Bungee jumping Hunting Skiing Reassured offer a dedicated fee-Free impaired risk service Exeter life insurance The Exeter offer life cover specifically designed for people with chronic or serious health conditions, who may find it difficult to secure standard cover. Their unique underwriting process provides impaired applicants with a greater chance of securing affordable life insurance. Even if they’ve been declined elsewhere. The Exeter have two types of protection: Manage Life Designed for people with obesity who have a BMI of up to 48 and/or type 2 diabetes Can reduce the cost of your premiums by losing weight and achieving goals set by the insurer Pays out a cash lump sum after the policyholder passes away, or is diagnosed with a terminal illness Real Life Designed for people who’ve experienced a serious medical condition, such as diabetes (type 1 and 2), stroke, HIV and heart attack Pays out a cash lump sum after the policyholder passes away, or is diagnosed with a terminal illness You’re unable to apply directly for Exeter life insurance, so get in touch with our team at Reassured today for your individual quote. Reassured's specialist impaired risk team Not all impaired applicants are handled in the same manner. Different insurers will employ different underwriting criteria, meaning life insurance premiums can vary in cost. At Reassured, we offer our customers a dedicated impaired team who specialise in finding suitable cover for all non-standard applicants. We're able to utilise our knowledge and experience to help secure a policy for those who have previously been declined elsewhere. Use a broker to compare quotes and find the right policy This is the ideal scenario in which to use our fee-free, no-obligation broker service at Reassured. Let us compare multiple quotes to help find you the right cover protection. What's more, our broker service is regulated by the Financial Conduct Authority (FCA). Read our comprehensive article on 9 reasons to use a life insurance broker » Impaired life insurance in summary: You may be impaired as a result of a medical condition, dangerous occupation or hobby Impaired risk applicants will pay more for their premiums This doesn't mean all impaired applicants are uninsurable Impaired life quotes can vary, as insurers employ different underwriting criteria Some insurers put exclusions in your policy, meaning you can't claim in certain scenarios There are insurers that specialise in providing impaired life insurance Undergoing a medical could reassure your insurer and reduce your premium Cover expires if you don't maintain your monthly premium payments Compare Impaired Life Insurance Quotes » Why Reassured to find the best impaired life insurance quotes? We've a dedicated impaired team, who work tirelessly to help secure you cover We've a great track record of securing cover for those who have previously been declined We've years of experience working with major insurers and smaller specialists We understand the different underwriting processes and criteria insurers employ We'll compare our panel of insurers, identifying the most competitive quotes 50,000+ people can't be wrong! We have an 'Excellent' average Trustpilot rating of 4.8/5 We never charge you a fee to use our service We're a non-advised broker - we listen to your unique circumstances and find the most suitable policies Related articles: Refused life insurance? 6 min Being refused life insurance doesn’t mean you have run out… Read now Motorcycle life insurance 6 min Do motorcyclists have to pay more for their life insurance… Read now High blood pressure and life insurance 6 min Securing life insurance with high blood pressure doesn’t… Read now Terminal illness vs critical illness 7min An in-depth comparison of terminal illness vs critical… Read now What illnesses are covered by critical illness cover? 7 min A comprehensive guide detailing exactly what is covered… Read now Life insurance for drug users 7 min A guide to life insurance for drug users from award-winning… Read now Does life insurance cover suicide? 7 min This article tackles the myth that insurers won’t pay out… Read now Life insurance no medical 9 min Did you know you can secure life insurance without needing… Read now Average life insurance cost UK 6 min The average life insurance cost in the UK varies depending… Read now Coronavirus life insurance 8 min What impact has the Coronavirus pandemic had on life… Read now Can you have more than one life insurance policy? 8 min Have you ever asked 'Can you have more than one life… Read now Best life insurance providers 9 min Many have attempted to quantify who the best life insurance… Read now We’re rated as 'Excellent' with 58,634 customer reviews Very easy to understand and very quick Yes very pleased with my choice very helpful easy to understand and very pleasant transaction all good! Mrs M Rushworth Articles Careers Press releases Insurer reviews Privacy Policy Terms and Conditions Gender Pay Statement About Contact us Modern Slavery Act © Copyright 2021 Reassured. All Rights Reserved. Reassured Ltd is authorised and regulated by the Financial Conduct Authority (616144). Registered office: 1st Floor, Belvedere House, Basing View, Basingstoke, Hampshire, RG21 4HG. 06838409 registered in England and Wales. By clicking “Accept”, you agree to the storing of cookies on your device to enhance site navigation, analyse site usage, and assist in our marketing efforts. Preferences Accept