AIG Life has brought in underwriting changes in a bid to speed up the application process for customers.
The rules on AIG Life's underwriting engine will increase online acceptances and reduce the number of GP reports it needs. New diabetes rules will 'halve' the number of questions the insurer asks. The default for blood tests is now "non-fasting" meaning that customers no longer need to book morning appointments and won't have to cancel if they've forgotten to fast. Vicky Churcher, Intermediary Director at AIG Life said, "Imagine you were applying for life cover and had a blood test booked....
Unum has published its third annual claims statement with information on every new group income protection (GIP) claim it paid in the last year.
'Vary in effectiveness'
Cura Financial Services are going to be hosting a live broadcast discussing how advisers can benefit from quirky marketing.
Advisers urged to start planning