Life insurance
Increasingly life insurance or income protection insurance are required in order to take out a mortgage.
If you are refused life insurance or the amount you have to pay is increased, the insurer needs to show that your mental illness could directly affect how long you will live.
Many severe mental illnesses have both an increased risk of suicide and accidental death. You may be denied life insurance or have to pay higher premiums on those grounds.
Fresh Finance
Formerly Ivan Massow, this company specialises in different types of insurance, including life insurance, for people with mental health problems.
London office
Tel: 020 7234 3311
Email: phil@fresh-finance.co.uk
Web: www.fresh-finance.co.uk
Address: 8G, The Leather Market, London, SE1 3ER
Tamworth, Staffordshire office
Tel: 01827 311 950
Email: leanne@fresh-finance.co.uk
Address: 7 Cavendish, Lichfield Road, Industrial Estate, Tamworth, Staffs, B79 7XH
Jeffrey Flanders Ltd
This company provides several types of insurance, including life insurance. They do not refuse to provide insurance on the basis of mental health problems.
Tel: 08703 300 2001
Web: no website
Address: The Old Barn, Vicarage Hill, Loxwood, Billinghurst, West Sussex, RH14 0RH
Many severe mental illnesses have both an increased risk of suicide and accidental death. You may be denied life insurance or have to pay higher premiums on those grounds.
Fresh Finance
Formerly Ivan Massow, this company specialises in different types of insurance, including life insurance, for people with mental health problems.
London office
Tel: 020 7234 3311
Email: phil@fresh-finance.co.uk
Web: www.fresh-finance.co.uk
Address: 8G, The Leather Market, London, SE1 3ER
Tamworth, Staffordshire office
Tel: 01827 311 950
Email: leanne@fresh-finance.co.uk
Address: 7 Cavendish, Lichfield Road, Industrial Estate, Tamworth, Staffs, B79 7XH
Jeffrey Flanders Ltd
This company provides several types of insurance, including life insurance. They do not refuse to provide insurance on the basis of mental health problems.
Tel: 08703 300 2001
Web: no website
Address: The Old Barn, Vicarage Hill, Loxwood, Billinghurst, West Sussex, RH14 0RH
Income protection insurance
You may be offered income protection insurance when you take out a mortgage. If you become ill, the insurers will pay your mortgage for a set length of time while you recover.
Among the greatest number of claims are due to mental illness and while we have little experience of discrimination in this area, this type of insurance being relatively new, it is conceivable that insurers may deem people with a mental illness at a higher risk of becoming ill and you may be refused insurance or have to pay a higher premium.
Among the greatest number of claims are due to mental illness and while we have little experience of discrimination in this area, this type of insurance being relatively new, it is conceivable that insurers may deem people with a mental illness at a higher risk of becoming ill and you may be refused insurance or have to pay a higher premium.
