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,...
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