Routes to Insurance

Hi everyone, this is the second episode of our Mental Health in Life Insurance week. Today is all about how people can go about getting insurance. We are taking a look at advised and non-advised routes, as well as comparison sites. It’s important to understand that no matter what we might think is the best route for someone, each of these routes can offer something different that may be what is a helpful first step to getting insurance.We are talking to Phil Jeynes from Reassured, Alan Knowles from Cura Financial Services and Neal Cross from MoneySupermarket for their insights.The key takeaways:People living with mental health conditions might not feel comfortable talking to someone about their medical history.Firms should adapt their communications and link with specialist partners, to support people that are living with mental health, to access insurance in a way that suits them best.There is work being done to encourage the use of iGPRs to better support insurance application underwriting times, to help reduce some of the worry that can potentially build during this time.Within the insurance world there can be a mindset that when applying for insurance it is advised vs non-advised vs price comparison site. In this episode we are stepping away from any kind of judgement of how someone chooses to get insurance, and focusing upon how each of these approaches to getting insurance, helps different people in different ways. Tomorrow we are going to be talking with Lisa Balboa (Hannover Re) and Fraser Ballantine (Zurich) about how underwriting decisions are made by insurers.Remember, if you are listening to this as part of your work, you can claim a CPD certificate on our website, thanks to our sponsors Octo Members.If you want to know more about how to arrange protection insurance, take a look at my Protection Insurance in Practice course here.

Om Podcasten

When you set out to get things like life insurance, critical illness cover or income protection, many people do not think that they are going to hit any snags along the way. But! Insurance is a world of risk and there are times that a persons circumstances will make insurers sit back and have an extra think about offering the insurance. Why?! This podcast is designed to answer that why. Kathryn Knowles is joined by guests to bring a clear and open chat about how insurance works. Kathryn brings her experience as a "quirky" life and the voice of the consumer to the discussion. She does this alongside her work as a specialist adviser, who is known for insuring the uninsurable.