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Life Insurance refused

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SteveH23

New Member
Relationship to Diabetes
Type 2
Hi all, just joined the forum and must say how informative it is and supportive, great stuff. My question is can anyone recommend or help me with a life insurance company. My wife and I had cover running along side the 25 years we had our mortgage. Unfortunately at the time, we took out the now dreaded endowment which didn't meet the final dividend and earlier this year we switched to a repayment. (luckily we don't have a large mortgage outstanding). I was diagnosed type 2 in April and after finding life insurance to protect the mortgage and leave something for the kids, I have been refused because of the short time I've been diagnosed and the higher covid risk. I understand why I would be refused but just frustrated as it's the 1st time I've ever been refused cover, I'm controlling the diabetes through diet, exercise and meds and have managed to shed a few pounds. So I am interested if anyone might be able to advise me where to look for a credible company that might be able to offer me cover. I've had a quick look online and have seen companies out there but as usual with things like this, am sceptical about some of their reputations.
Thanks for reading.
 
Hello @SteveH23 and welcome to the forum.
It is good to hear that you are finding the forum useful, and also that you are doing so well with getting diabetes under control. It would be interesting to hear what dietary changes you have made that are helping you.

I do not have any experience of life insurance issues, but hopefully someone else will be along that may have more information about this.
I am sure that the fact that you are getting your diabetes under control will be a help factor. I did read that some insurance companies may provide cover if you can show that the diabetes has been under control for 6 months.
Unfortunately I understand that insurance companies are being even more nit-picking in these Covid times.
I hope you find a solution soon.
 
The only way that this question can be answered is to ask several dozen insurance companes what their attitude is towards your condition, and would their product be suitable for your circumstances. You could not expect the answer to be unbiased.

Why nor get an insutance brocker to do this for you? The insuranes company will pay his commission so that his service are free to you, and he will provide unbiased advice.
 
Sorry to hear you’ve had trouble finding a policy that works for you.

I am a bit surprised they just outright refused... my experience was that companies seemed to just reduce benefits such that a shoebox under the bed was a better option for the monthly payments.

Life assurance / mortgage cover products for people with diabetes can be found though. One was arranged for us by a broker (through what eventually became Aviva) with critical illness cover when we got our first mortgage 25-odd years ago, which then paid out when my wife was diagnosed with terminal cancer. As @leonS suggests, an IFA or mortgage broker might be worth chatting to?
 
Hello @SteveH23 and welcome to the forum.
It is good to hear that you are finding the forum useful, and also that you are doing so well with getting diabetes under control. It would be interesting to hear what dietary changes you have made that are helping you.

I do not have any experience of life insurance issues, but hopefully someone else will be along that may have more information about this.
I am sure that the fact that you are getting your diabetes under control will be a help factor. I did read that some insurance companies may provide cover if you can show that the diabetes has been under control for 6 months.
Unfortunately I understand that insurance companies are being even more nit-picking in these Covid times.
I hope you find a solution soon.
Thanks for your reply. I have got my diabetes under control by being pretty strict on myself and cutting out the things I knew were bad for me and changing the way I eat. As a chef working long straight hours, I would tend to binge eat in the evenings, apart from tasting I rarely felt like eating during the day. If I had something to eat on an early shift, it would be something like a sausage In a white bap (both not ideal).
When I looked at what I ate, overall I did have a varied diet with lots of veggies mainly wholemeal bread more white meat than red and looking at some of the recipes on here, I was thinking 'well I eat a lot of this stuff anyway'. So what was I doing wrong? Like I say, I did tend to binge eat in the evening and not always eat anything during the day so I decided I needed to change my habits. Yes I was eating a varied diet but it was also what I was eating after a main meal and the size of the main meal itself. I would pile my plate high large portions, yes there was veg there, but also a mounting of potatoes. If I ate something like a chilli made with quorn as my wife and daughter are vegetarian, I'd have a mounting of basmati rice with it. Basically I was eating fairly healthy but in large amounts of the worse things on the plate for someone with type 2.
After a main meal, soon after I would hit the snacks. That may of been crisp's, I would easily munch 3 packets or one large bag. Sweets again, I would eat maybe 2 bags of haribo a night and cheese and biscuits would be another favourite. What makes it worse, to look at me you'd probably think where do I put it all as I've always been slim in build although I did start to get a bit of a belly just before diagnoses.
Exercise was another thing. We had a dog that sadly died a year before I was diagnosed. I'd walk him at least twice a day, often more. Just after being diagnosed we got a new dog so I am walking more again.
So with my diet, luckily with being furloughed, I have managed to get into a routine of eating 3 smaller meals a day. By the evening I'm not starving so can eat less. I've cut out totally the snacks, haven't eaten crisps, sweets and cheese even though I could eat a small amount of cheese if I wanted. I'll eat a smaller amount of potato and add sweet potato instead. I've started eating more fish, cut back on red meat and totally cut out bacon and sausages. I'm eating more beans and pulses especially in things like Moroccan vegetable style stews which leave me feeling satisfied for ages. I opt for brown rice now and again that leaves me more satisfied. I would take brown sugar in coffee and swapped that for sweetener.. Takeaways are very occasional now and when shopping I am more conscious of the labelling.
It has been a bit of a juggling act as my cholesterol was slightly raised so have had to watch my saturated fats to although that has come down. If I feel the need to snack I will eat whole nuts.
So basically for me it's been more of a case of changing my habits, exercise and swapping the things I like for more less processed whole foods.
Hope this helps you.
 
Sorry but you seem to have got things the wrong way round - you can eat meat, fish, seafood, eggs, cheese, full fat yoghurt is a good standby, and put cream in your coffee.
Avoid grain and potato, and don't worry about cholesterol, as you actually need saturated fat as part of your daily essentials, and cholesterol is more to do with carbohydrate than fat anyway (and it is produced by your liver) PLUS - cholesterol is part of your immune response, and so best not interfered with at the moment, if at all.
Try replacing rice with chopped cauliflower, you can also make quite a good mash with it, though a good squeeze to remove water givees a better result - swede, celeriac - even radishes can all fill the gap left by higher carb foods.
 
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