Option to exclude pre-existing conditions if they don't present over a set time-period
Data from LV= has found that one-in-five clients accepted on non-standard terms included an auto reviewable exclusion since its introduction as part of LV='s income protection revamp in September 2018. The mutual revealed that 250 advisers have benefited from a reviewed period being applied to a condition that would otherwise be presented as a permanent exclusion on their policy. The most common condition for automatic reviewable exclusion is mental illness (51%), followed by back (39%) and...
Launching later in 2019
Considered least important
Research from Canada Life
Putting the tech into protection