Multiple sclerosis (MS) is a condition that influences the brain and spinal cord, causing a wide scope of potential symptoms, including vision problems, mobility issues, sensation or balance. MS is not genetic yet there is an expanded risk for individuals who already have a family member with MS because they carry some of the same genes. However, other factors are needed to trigger the condition, and overall, MS is still considered to be a relatively rare condition when compared with diabetes or breast cancer.
Can I qualify for Income Protection if my mother has multiple sclerosis?
When applying for Income Protection with Multiple Sclerosis family history, although MS is not a genetic condition still it would be a little daunting task to convince the insurer and get favourable terms for the policy. The insurer you approach would be keen to know how closely you’re related to that family member who is affected by MS and if your mother is affected then they would have a diminished view on your application and underwriting process because the more closely related, the more likely that both will have MS. Insurers may also want to see a full medical report from your GP to have a clear picture of your health and the risk of you being affected with MS. After full medical screening insurers would be able to offer to cover but they may either exclude multiple sclerosis from your policy set claimable terms or may add small loading to your premiums.
However if your circumstances don’t allow you to have Income Protection, you can also consider Accident, Sickness and Unemployment cover, a form of short-term Income Protection. This form of policy is arranged without detailing your medical history, so your multiple sclerosis will have no bearing on you being able to have it. An Accident, Sickness and Unemployment policy will pay out a monthly income replacement for between 12-24 months if you are unable to work due to ill health or redundancy. It is worth noting that whilst your MS is not considered when you arrange the policy, the policy will exclude any claims related to your multiple sclerosis.
We would recommend you to talk to one of our advisers for life insurance quotes.
Any quote that your adviser provides you with will take into account your circumstances, your medical history, as well as your budget!
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