MHD underwriting is available on business health insurance for larger group schemes. MHD gives you Medical History Disregarded underwriting and this means that pre-existing medical conditions are not excluded.

Your insurance company may only offer this for groups with 20 or more employees.

It is unlikely that you will be able to get this underwriting on a personal policy.

Although you may think this is the best option for your business, there are things that you should consider:

  • As pre-existing conditions will be covered, this could affect your claims loss ratio at renewal and this would mean that your renewal offer will be higher.
  • You would pay a higher monthly premium because the risk to the insurer is higher.
  • Your employees would have a higher p11d liability because of the higher premium.

Underwriting, why you should choose it carefully!

Underwriting, why you should choose it carefully!

When you are looking to buy a private medical insurance policy, have you thought about the underwriting that is available? The type that you choose could affect the price that you pay for your policy. Comparing quotations can be confusing if there are different underwriting options used. Common UK underwriting methods are: Full medical underwriting Continued personal medical exclusions : CPME (when switching from one insurer to another) Moratorium Continued moratorium: CMORI (when switching from one insurer to another) Medical History Disregarded (for large company schemes) Full medical underwriting Before purchasing your policy, a full medical history declaration is completed….