Then you have to declare the decline to other companies who may turn you down for cover on that very basis.
Obviously if you're prepared to take the risk it's a personal decision, but if there's a possibility / likelihood you could pay all that money in and find you have nothing to show for it
exactly when you need to rely on it that has to be factored in.
Ok thanks x I'll get that sorted then. What about the income protection? Anyone tried to get any or got any?
TBH it's such a minefield, even by insurance standards and in in 'normal' circumstances (coverage, exclusions, limitations etc) then as VC suggested towards the beginning of the thread it's entirely possible that a better strategy is to put a set amount aside as your own personal 'premium' into a decent account for use if needed.
While it's unfortunate there are certain FS products and services that are less readily available, fudging facts and gambling on not getting caught out is risky especially, as has been noted repeatedly, firms will do what they can to hold onto their pennies and if it gets to the point of being considered as fraud then there could be some pretty unfortunate further consequences too. Informed choice, risk-based decisions, to use their own parameters...