Connect with us

Hi, what are you looking for?



What are my obligations to notify my insurer if I change / lose my job?

Aspect Underwriting

If you are a current holder of any insurance policy, then it’s safe to say you enjoy the peace of mind of being covered against the unexpected. The hard part is done. You have done your research, provided your information and taken on a commitment to provide protection against injury & illness resulting in disablement.

Your communication with your insurer should not be ‘set & forget’ though. So, if, for example, your employment status changes you need to act. 

Policy holders are obliged to notify their insurer about any change to their occupation from what was originally declared. Not all changes warrant a shift in premiums, however, the need to clearly communicate changes of your employment to your insurer is in your best interest. This is to safeguard against any interpretations in the disclosure agreement that could nullify the policy and leave you uncovered. The good news is there are reputable insurers, like Aspect Underwriting, that work with you in a swift and easy way to make the necessary changes in order to maintain your coverage. 

Changes to employment

If a change to the declared employment status carries greater risk of injury or illness, additional premiums are likely to ensue. The most crucial thing to note here is without notifying your insurer and receiving approval, a claim could be denied in the event of an injury or illness that occurs within the new occupation. 


Any fraud, misstatement or concealment relating to any matter affecting your policy or connected with making a claim under it will give the insurance provider the right, under the insurance contract, to reduce or refuse payment of any claim or to cancel or avoid a policy. Aspect Underwriting offers a broad range of cover, with additional extras available to generate the most tailored policy possible. They are backed by Lloyd’s and uphold the highest ethics possible. It is imperative to declare truthful details to ensure a successful claim.

The Takeaway 

None of these requirements are designed to deter prospective clients from taking out a policy or cause confusion at the point of claim. The unfortunate truth is it can be easy to forget to inform your insurer. Aspect Underwriting has a streamlined and user-friendly system that makes updating information a breeze. They offer full transparency and disclosure. Even if you have received a promotion within the same organisation, there is a potential for a myriad of new risks associated with the role that need to be declared, even if it doesn’t seem that way. The good news is these changes are seldom and Aspect Underwriting have a system in place to make updates as stress-free and quick as possible to ensure the continuation of your comprehensive protection. 

Advertisement. Scroll to continue reading.
Click to comment

You must be logged in to post a comment Login

Leave a Reply

You May Also Like


The success of your small business does not only depend on the quality of your products or services, it also depends on whether you...


Since ancient times, man has experimented with modifying nature to create new forms, express himself and reflect his aesthetic and cultural values through landscape...

Top Rank

The ThopTv APK is also a simple to-utilize mechanical man variant humanoid. you’d presumably be offered the prospect to see an assortment of channels...

Top Rank

Ofilmywap: download latest could be a notably regarded computing machine on-line of Bollywood, Hollywood, Tamil, Telugu, Punjabi, internet sequence, Tv Shows and Hindi Dubbed...