Aegon increases financial and medical underwriting limits

For both personal and business protection

Adam Saville
clock • 1 min read

Benefit thresholds for financial questionnaire and medical evidence improved for applicants

Customers applying for personal protection through Aegon will only be required to complete a financial questionnaire for cover worth more than £2m for life and £850,000 for critical illness for family protection, mortgage and business cover.   For inheritance tax (IHT) planning, all customers will only need to provide a completed financial questionnaire for benefits amounts of more than £3m. Levels have also increased where independent financial evidence is required for personal protection, IHT, personal and executive income protection, while Aegon continues to offer immediate cover f...

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.

Join now

 

Already a Cover member?

Login

More on Individual Protection

Updated: MetLife UK pays out £34m in 2025

Updated: MetLife UK pays out £34m in 2025

31,000 claims paid

Cameron Roberts
clock 20 January 2026 • 2 min read
The COVER Review: Claims, BIBA updates and 2026 predictions

The COVER Review: Claims, BIBA updates and 2026 predictions

Week commencing 12 January 2026

COVER
clock 16 January 2026 • 1 min read
Business Protection Focus Week 2026 launched

Business Protection Focus Week 2026 launched

23-27 February

Cameron Roberts
clock 16 January 2026 • 2 min read