Insurer confirms it is able to offer to 92 out of every 100 customers despite coronavirus crisis
Royal London has confirmed it is making some temporary changes to its underwriting in response to the coronavirus pandemic. These changes include a 10% increase to its non-medical limits for life cover, for customers under age 60. To ease the strain on the NHS at this time, it is requesting evidence only where it is absolutely necessary. Royal London said it will accept alternative information directly from customers where possible. It is also temporarily changing the underwriting position for some higher-risk customer groups, which means cover may not be offered to individuals who...
To continue reading this article...
Join COVER for free
- Unlimited access to real-time news, key trend analysis and industry insights.
- Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
- Receive breaking news stories straight to your inbox in the daily newsletter.
- Members only access to monthly programme 'The COVER Review'
- Be the first to hear about our CPD accredited events and awards programmes.