Life Insurance for Multiple Sclerosis

Multiple sclerosis (MS) may make getting life insurance a little trickier, but having MS doesn’t have to mean you’ll be locked out of a good deal for this type of cover. Even in severe cases of multiple sclerosis, there are insurance options that can be approved for progressive MS.

In this article, we’ll help you understand what to expect when you apply for insurance and how to increase your chances of getting a good rating and premium deal.

We work with independent insurance advisors who can help you find your best offer for life insurance via their whole-of-market access – potentially saving you thousands of pounds over the long-term.

Call us on 0808 189 0463 or make an enquiry and we’ll match you with an expert advisor shortly. The advice you receive during your initial consultation is free and you’re under no obligation to make a purchase.

How to get life insurance for MS sufferers in the UK

The cost of your life insurance premiums will depend on the severity of your multiple sclerosis as well as other personal factors specific to your situation, including:

As an applicant for life insurance with MS, insurers will ask questions to determine how severe your condition is. Providers will rate the severity of MS based on three categories; mild, moderate, or severe.

A mild case of MS is where attacks are infrequent and rare and no disability has resulted from the illness. In a moderate case, attacks are more frequent but haven’t caused a disability, and severe are where the illness is progressive with frequent attacks. Some insurers will offer guaranteed issue policies and graded death benefit policies for people with a progressive case of MS.

However, particularly if you have a progressive type of MS, it can be helpful to speak to an expert insurance advisor about finding your best options for life cover. Make an enquiry and we’ll match you with an expert who can find the best policy for your circumstances.

Does life insurance pay out for MS?

Life insurance is a safety net that’s designed to protect your loved ones or assets with a lump sum payout when you die, so it won’t make a payout for multiple sclerosis as it is classed as a lifelong condition and not a terminal illness.

However, there are options for combining life cover with a critical illness policy which would make an early payout should you develop complications with your MS and need time to recover.

Get in touch if you’d like an expert to help you with more information on getting both life and critical illness cover.

How does the severity of an MS diagnosis impact insurance premiums?

Each insurance company will have its own criteria to judge the severity of an applicants’ multiple sclerosis and determine which premium rate to offer.

The questions below will help you know what to expect when you apply for insurance as well as understand how you might be able to increase chances of getting a good rating.

• When were you first diagnosed with MS?
• How many MS seizures have you had so far?
• When was the last MS attack?
• When treatments have you had for the condition?
• Has your condition gotten better or worse since your last treatment?
• Do you take medication for the condition?
• Do you smoke cigarettes?

In addition to these questions, insurers are likely to look at your overall health, medical history, and occupation to determine the level of risk and premium price. An expert can help judge your situation and compare quotes from life insurance providers to guarantee you the best deal.

Which life insurance companies cover multiple sclerosis?

There are many insurers in the UK ready to offer life cover to MS patients, a few of these high street names include:

• Protective
• MetLife
• Banner Life
• Transamerica
• Prudential

However, it’s worth bearing in mind that (apart from the high street providers) there are many more hidden or specialist providers which may be better for your situation, as each insurance provider will have their own set of underwriting guidelines for MS sufferers.

You should also keep in mind that most experts would not recommend approaching one of these providers direct, as that would mean only having access to their products and potentially missing out on a better deal available elsewhere. Insurance advisors sometimes have access to broker-only deals, too.

The best way to find out which UK provider would offer your lowest life insurance premiums is to speak to a life insurance expert. We work with advisors who have thorough knowledge of the UK insurance market and, thanks to their whole-of-market access, can find providers which offer the best quotes.

Make an enquiry and we’ll match you with an advisor that specialises in finding life insurance for those with medical conditions.

Speak to an expert life insurance advisor today

Getting life insurance with multiple sclerosis can seem daunting, especially if you’re searching the internet to compare quotes and policies. But working with an expert insurance advisor can make the process straightforward and increase chances of getting insured at the best possible rate.

Call us on 0808 189 0463 or make an enquiry and we’ll put you in touch with an advisor  who can work quickly to give you an estimation of your life insurance costs, and take you directly to the best provider for your circumstances.