Aegon increases financial and medical underwriting limits

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...