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Does Income Protection Cover Pre-Existing Conditions?

Pre-existing conditions may be excluded from income protection — but not always. Here's how underwriting works and how to maximise your cover.

8 min read Published March 2026

What counts as a pre-existing condition?

A pre-existing condition is any health issue you had before taking out the policy — including conditions you've had treatment for, been prescribed medication for, or received advice about. This includes both physical and mental health conditions.

How insurers handle pre-existing conditions

There are three common approaches:

  • Full medical underwriting — you disclose everything upfront. The insurer assesses your history and either accepts at standard rates, applies a premium loading, or excludes specific conditions. You know exactly where you stand from day one.
  • Moratorium underwriting — no medical questions asked. Instead, any condition you've had in the past 5 years is automatically excluded for the first 2 years of the policy. After 2 years symptom-free, the condition is usually covered.
  • Guaranteed acceptance — rare for IP, and usually comes with significant restrictions.
Which is better? Full medical underwriting gives certainty but requires disclosure. Moratorium can cover pre-existing conditions sooner if you've been symptom-free — but leaves you uncertain during the exclusion period.

Common excluded conditions

Back problems, mental health conditions, and musculoskeletal issues are among the most commonly excluded conditions — not because insurers dislike them, but because they are so frequently claimed and the insurer needs to assess the risk carefully.

Frequently Asked Questions

Yes — but back problems are commonly excluded or subject to a loading. An independent broker can find insurers most sympathetic to back conditions.

Moratorium underwriting automatically excludes conditions you've had symptoms or treatment for in the past 5 years, for the first 2 years of the policy. After 2 symptom-free years, cover for that condition kicks in.

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