H
hairymary
Guest
Special conditions (medical) were applied to our mortgage protection policy(start date 1/8/2003). There is provision in the terms of the policy to review the extra premium for additional risks. We pay a premium €251.20 per month which we consider extortionate.
On the original proposal form I am down as a smoker which I gave up on December 17 2004. The insurance company has told us that for them to take into consideration the fact that I no longer smoke we will have to take out a new policy.
Is this legal?
If we are no longer subject to the additional medical risk should our premium not be reduced accordingly?
Will a new proposal form allow me to state that I'm an non-smoker?
Is making a new proposal effectively the same thing as taking out a new policy?
Is there any point taking this to the insurance ombudman?
Does he have any real teeth?
On the original proposal form I am down as a smoker which I gave up on December 17 2004. The insurance company has told us that for them to take into consideration the fact that I no longer smoke we will have to take out a new policy.
Is this legal?
If we are no longer subject to the additional medical risk should our premium not be reduced accordingly?
Will a new proposal form allow me to state that I'm an non-smoker?
Is making a new proposal effectively the same thing as taking out a new policy?
Is there any point taking this to the insurance ombudman?
Does he have any real teeth?