Research by Scottish Widows has found a general reluctance by the public to disclose mental health conditions to insurers, with almost half (44%) of UK adults with a diagnosis not informing their provider.
The research found that more than 24 million UK adults have reported mental health problems directly related to the Covid-19 pandemic. In addition, nearly two-fifths (37%) of respondents believe their provider would only be interested in physical illness, with over one quarter (26%) viewing their mental health issue as personal and 18% worried they would not qualify for a policy or would incur further fees. Scottish Widows stated that during the course of last year it offered cover to 96% of customers who disclosed a mental health condition, with 87% accepted at standard rates for lif...
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