Underwriting your policy - moratorium
With this option you do not need to fill in a health statement. Instead, we automatically exclude any pre-existing conditions for which you (and any family member included in your application) have received treatment and/or medication, or asked advice on, or had symptoms of (whether or not diagnosed), during the five years immediately before your PMI cover started.
However, if you do not have any symptoms, treatment, medication, or advice for those pre-existing conditions, and any directly related conditions, for two continuous years after your policy starts, then we will reinstate cover for those conditions.
You should understand that long-term medical conditions, which are likely to continue to need regular or periodic treatment, medication or medical advice, will never be covered by your policy.
Please note: You should not delay seeking medical advice or treatment for a pre-existing condition or symptom simply to obtain cover under your policy.
Of course, as with full medical underwriting, new medical conditions arising after the start of your policy will be covered immediately subject to the policy terms and conditions.
What is the advantage of moratorium underwriting?
If you choose this option you will only be asked to provide basic information about you and any members of your family you wish to insure. You will not be asked to disclose details of your medical history, but it relies on you to understand that if you have any medical conditions or symptoms these will be excluded from cover. Also, if you can satisfy the criteria outlined in the above section, for a pre-existing condition, then treatment for that condition will automatically be covered should it later recur, subject to the policy terms and conditions.
Useful links
 |
 |
 |
 |
 |
 |
 |
