10th February 2012

Bright Grey: Evidence going down, underwriting limits going up!

We recently improved our financial and medical underwriting limits for our Personal and Business Protection Menus.

We've changed the way we ask for routine medical evidence. So, for example, for Life Cover for someone under 35, with cover between £750,001 and £1,000,000, we'll now ask for a paramed instead of a GP report. Generally, parameds are completed quicker than GP reports so this improvement will help get more of your clients on risk faster.

We've also increased salary multiples. So, for clients under 41, looking for a relevant life policy, you can now offer them up to 20 times their salary. And we've increased the amount of cover we'll accept before asking for a financial questionnaire.

To find out more about the improvements we've made to our financial and medical limits, check out the tables online.

Protection

Registration

Free Registration and CPD

Read More

Related Articles_

Cirencester: Talking Protection - Think Marathon Not Sprint

In the latest AMI Protection Viewpoint report, only 39% of respondents recalled their broker asking about protection insurance, but 99% of brokers said they asked their clients about it

Read More

Cirencester: How Protection Builds Life Resilience

Life is a lottery. One minute everything could be going your way, the next something crops up that blocks your path. The problem may be small, simple to solve and something you can easily overcome to get back on track.

Read More

Cirencester: The Rise of the Multi Job Worker

Over the recent weeks and months, I’ve had several conversations with Advisers where they are struggling to explain how providers approach workers with more than one job. This is not a new issue but one that’s more prevalent today.

Read More

You need to be logged in to comment on this article