Firstly, you will receive a confirmation email from us including a PDF document outlining the cover you have applied for. We will also send you any applicable documents to return to us (you can choose to have these emailed to you for fax back, or we will arrange for them to be couriered to you - at no cost to you)
When we have received the above signed documents we will submit your application to the chosen provider. They will assess your application & advise one of the following:
Policy accepted |
| If your policy is accepted we will send you a confirmation email to advise you. You will also receive a full policy document in the mail. |
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Futher information required |
| If any additional information is required the selected provider will contact you (either by phone, or through us) to gather this info. |
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Doctor's Medical Report |
| If you have disclosed a medical condition which the provider needs additional information regarding, they may write to your doctor (or medical practice) to gather that information. |
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Medical Appointment |
| If you have applied for a higher level of cover (refer below to underwriting limits), or your build is non-standard, the provider will require a blood test to be performed (This is fully paid for). This is either done by a healthscreen nurse (Sovereign), or can be completed by your doctor. |
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Special Acceptance |
| Upon completion of assessing your case, the provider you have selected may accept your cover with special terms (these can either be an increased premium, or an exclusion on a particular condition). In this case we will contact you & discuss your options. You will need to sign your acceptance of any terms offered |
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Declined / Deferred |
| In some cases the provider you have selected may not be able to offer you the cover you have applied for, or may defer your application for a period of time. In this case we will be in touch with you & advise what options are available to you. |
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| When are blood tests required? |
| If the amount of cover you apply for is above the amounts below you will likely require a blood test. This will be organised & paid for by the insurer. |
| Age Range |
Sovereign |
Fidelity |
Asteron |
TOWER |
|
0-35 |
$1 Mil |
$750k |
$650k |
$1 Mil |
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36-40 |
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41-45 |
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46-50 |
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51-55 |
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56-60 |
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60+ |
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| Is my information confidential ? |
| Yes. All of your personal details are held confidentially between Pension Transfers, LifeDirect & the selected insurance provider. |
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| Administration of your application |
| LifeDirect Online Insurance is contracted to administrate the completion of your application through this website. Once your application has been completed the Pension Transfers team will continue to provide you with ongoing service. |
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