Mutual temporarily withdraws policies with short deferred periods due to coronavirus
Due to "unprecedented levels of applications" for income protection (IP) plans, Holloway Friendly stopped accepting new applications for policies with either one week or four week deferred periods. The change came into effect at 3pm on Friday 27 March and the mutual said it is only a temporary situation regularly under review. Holloway Friendly said: "We're sorry we've had to put these measures in place but these are unprecedented times and we're doing our best to deal with things as well as...
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