A Guide To What to Expect From Your Life Assurance Policy. Page 2

The fact is that your life insurance policy may not give you fully comprehensive cover unless you ask for it

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Can Life Insurance be arranged quickly?: It is dependent upon two factors: - Click here to find out more details
What is Term Life Insurance?: Term Life Insurance is a category of insurance that will payout a lump sum to you or your family if you die or fall terminally ill during the term of the policy.
What is Whole of Life?: A Whole of Life Assurance policy has no predetermined termination date and it will continue in force until the policyholder dies or they surrender the policy.
What is Mortgage Life Insurance?: Mortgage Life Insurance is also commonly known as Mortgage Protection Insurance.

and in some cases you may need a special policy. The majority of policies will generally cover you against death by accident or illness but they will also take your past medical history into consideration before you'll get cover for everything. So, for example, if you have had an illness in the past then you may well find that your policy won't cover you for death that relates to this illness. Don't, however, be tempted to lie about your medical history just to get the cover you need - if you do die and your insurer discovers that you haven't told them the truth then you'll invalidate your policy and they won't have to necessarily make the payment on the policy. ( life insurance quotes )

These particular clauses are generally known as exclusions. In most cases the majority of insurers will have the same kind of general exclusions but not all will be exactly the same. So, there are some specialist insurance companies out there, for example, that will be able to give you cover for existing medical conditions in certain circumstances if you do have problems finding a ( personal loans ) standard insurer that will help you out. These specialist insurers, as you might imagine, may charge you a little extra for being more flexible but the extra cost is usually worth the peace of mind of knowing that you have fully comprehensive cover in place. And, if you shop around for a life insurance policy on the Internet to find the cheapest deal then it's perfectly possible to get a really good deal even if you do have an existing medical condition or problem.