The ‘right to be forgotten’ has been extended to the guaranteed income insurance since 1 February 2022. This means that ex-cancer patients who have been cured for at least ten years can now insure themselves without any problems and without extra costs against loss of income in the event of incapacity for work.
Why was the ‘right to be forgotten’ created?
In order to take out guaranteed income insurance, the prospective insured usually has to complete a medical questionnaire . This allows the insurer to estimate the risk of death and determine the premium. The health status of the candidate insured is one of the most important parameters google Right to be forgotten from UK.
Due to their medical history, many ex-cancer patients did not have access to guaranteed income insurance or had to pay sky- high premiums for it, even if they had been declared cured for a long time. That unjust situation was sued, with success: Assura Lia, the professional association of insurance companies, approved a new code of conduct that gives ex-cancer patients the right ‘to be forgotten’.
What exactly does the ‘right to be forgotten’ mean?
The ‘right to be forgotten’ means that insurers are no longer allowed to take into account the cancer history of the candidate insured in their acceptance and premium criteria, at least if his treatment has been completed for more than ten years .
That ‘right to be forgotten’ has existed since February 1, 2020 for ex-cancer patients who want to take out outstanding balance insurance . Since 1 February 2022, it therefore also applies to taking out guaranteed income insurance .
Please note: the ‘right to be forgotten’ does not mean that the candidate-insured no longer has to state his illness on the medical questionnaire. He must still spontaneously or in case of new medical formalities disclose his medical history to the insurer.
What are the exact modalities?
Insurers are no longer allowed to take a cancer condition into account when determining the current health status of the candidate insured. He must have successfully completed his cancer treatment at least ten years ago and must not have relapsed or been incapacitated for work as a result of the cancer after that.
In concrete terms, this means that insurers:
- can no longer refuse a candidate insured on the basis of his previous cancer condition,
- may no longer exclude cancer pathology from coverage,
- not be allowed to charge an extra premium for the cancer condition,
- no longer waiting times* are allowed for ex-cancer patients.
Insurers may, however, exclude from coverage the permanent economic and/or physiological disability as a result of the cancer (which already exists at the time the candidate insured takes out his insurance contract).
To which insurance policies does the new code of conduct apply?
The extended ‘right to be forgotten’ applies to…
- all guaranteed income insurance and supplementary insurance against the risk of incapacity for work
- that give entitlement to the payment of an interest or to a waiver of premium
- taken out by a salaried or self-employed person
- occupational or non-professional ( collective or individual )
- both for new contracts and for new connections to existing collective contracts .
