Loading

A loading is a higher price for an identified reason — a health condition, a hazardous occupation, or build outside the usual range.

Being loaded is not a rejection. It means the insurer has understood the risk and priced it, which is a considerably better outcome than a policy issued on a misunderstanding and contested at claim.

Related terms

• Standard terms Cover offered at the insurer's normal price, with no loading or exclusion added.
• Adverse decision Any outcome other than acceptance on standard terms: a decline, a postponement or a loading.
• Underwriting The insurer's assessment of the risk you present, which decides the terms and the price.

Back to the glossary · The four categories · How applying works