VitalityLife announces COVID-19 premium reduction

For all VitalityLife policies

Adam Saville
clock • 1 min read

Members experiencing financial difficulties linked to COVID-19 can now reduce monthly premiums

VitalityLife members can reduce their premiums by 25%, 50% or 75% and their cover will reduce by the same percentage, effective from their next premium collection date. This option applies to all VitalityLife policies. The reduction in premium will be in place for three months following which it will revert to the member's previous premium and cover amounts without the need for further underwriting. There will also be no impact on commission for advisers when their clients use this facility, and where a member needs advice around these options they will be referred back to their advis...

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