• Home
  • COVID-19
  • Life
  • Critical illness
  • Income protection
  • Health
  • Employee benefits
  • Regulation
  • Diversity
  • Mental health
  • Events
  • Industry Voice
  • EBooks
  • Newsletters
  • Sign in
  •  
    •  

      Personalise your on site experience.


      Download and use the apps.


      Access your subscription from outside of the office.


      Get relevant news and insight straight to your inbox.

      • Sign in
     
      • Account details
      • Contact support
      • Sign out
     
  • Follow us
    • Twitter
    • LinkedIn
    • Newsletters
    • YouTube
    • Instagram
  • Register
  • Events
    • Upcoming events
      event logo
      Mental Health & Wellbeing 360

      This time in a digital format, COVER Mental Health & Wellbeing 360 will take a look at the mental health and wellbeing landscape beyond the pandemic, while taking stock of the things we’ve learnt so far from the most challenging health and social crisis of a generation.

      • Date: 25 Mar 2021
      • Digital Conference,
      event logo
      Claims and Underwriting Innovation Forum 2021

      COVER Claims and Underwriting Innovation Forum will investigate the most innovative claims and underwriting practices driving the protection and health insurance market forward. It bears repeating; at the heart of every policy is a human being. As technologies advance and digital capabilities expand, it is crucial that the needs of the customer do not get lost along the way. A personal touch must remain at the centre of every interaction an individual has with an insurance company, either directly or through an intermediary. Hence, this journey is about evolution not revolution.28th April, Digital Conference

      • Date: 28 Apr 2021
      • Virtual Conference,
      View all events
      Follow our events

      Sign up to receive email alerts about our events

      Sign up

  • Industry Voice
  • EBooks
Cover Magazine
Cover Magazine
  • Home
  • COVID-19
  • Life
  • Critical illness
  • Income protection
  • Health
  • Employee benefits
  • Regulation
  • Diversity
  • Mental health
 
  •  

    Personalise your on site experience.


    Download and use the apps.


    Access your subscription from outside of the office.


    Get relevant news and insight straight to your inbox.

    • Sign in
 
    • Account details
    • Contact support
    • Sign out
 
  • Individual Protection

Did you know that Hive offers a guaranteed life plan?

‘Likely to appeal to clients with pre-existing conditions’

Did you know that Hive offers a guaranteed life plan?
  • Adam Saville
  • Adam Saville
  • @AdSaville_COVER
  • 11 August 2020
  • Tweet  
  • Facebook  
  • LinkedIn  
  • Send to  
0 Comments

The plan provides up to £100,000 of life cover as well as £50,000 of critical illness cover

A guaranteed life plan was launched by protection insurance specialists Hive Insurance Specialists - formerly known as APRIL UK - in July.

All UK residents (excluding Northern Ireland) aged between 18 and 50 are guaranteed under the plan. There is no medical underwriting, acceptance is immediate through Hive's broker portal and it covers up to £100,000 of life cover as well as £50,000 of critical illness cover.

Related articles

  • Covid pushes back UK retirement plans
  • Employers face call for more social responsibilities
  • Aviva offloads French business unit in €3.2 billion sale
  • Employees showing mental health resilience in lockdown

The insurer said that it is likely to appeal to broker clients who would normally find it difficult to obtain cover without high premium costs. For example, those with pre-existing medical conditions, in high-risk occupations and/or participating in high-risk sports.

Hive Insurance Services said the plans are "as affordable as possible", with premiums for a non-smoker, aged 18-50 and at £100,000 starting at £22.69 a month. Hive added that premiums won't change for the first five years of the plan.

Isaac Lam, chief executive officer of Hive Insurance Services, comments, "We're delighted to launch this invaluable plan into the market. We're not looking to compete with conventional life insurers with the plan, but to offer a solution in situations where no-one else will accept the client. Too often these types of individual have been neglected by the insurance industry. Now we hope that our inclusive approach means that everyone can get life insurance, no matter their medical history, occupation or hobbies."

Further reading

APRIL UK rebrands as Hive Insurance Services
  • Individual Protection
  • 16 January 2020
  • Tweet  
  • Facebook  
  • LinkedIn  
  • Send to  
  • Topics
  • Individual Protection
  • Whole of Life
  • guaranteed acceptance
  • Hive Insurance Services
  • April UK
  • life plan
  • Critical Illness

More on Individual Protection

From admin clerk to 'industry goliath': 33 years of Richard Kateley

‘On my first day I was given an ashtray, a stapler and a staple extractor…’

  • Adviser / Broking
  • 23 February 2021
LifeSearch Awards: Shortlists announced

Digital event takes place 10 March

  • Adviser / Broking
  • 22 February 2021
Craig Brown is intermediary insurance director for Legal & General
Craig Brown: If you believe in protection, customers will listen

'An enthusiastic adviser is often infectious'

  • Adviser / Broking
  • 18 February 2021
Royal London pays out £13.1m in Covid claims

Throughout 2020

  • Individual Protection
  • 18 February 2021
Ron Wheatcroft is technical manager for Swiss Re.
'A long way to go' for trust simplification

But 2021 could be a turning point

  • Regulation
  • 17 February 2021
blog comments powered by Disqus
Back to Top

Most read

Man sentenced for fraudulent income protection claim
Man sentenced for fraudulent income protection claim
LifeSearch Awards: Shortlists announced
LifeSearch Awards: Shortlists announced
Craig Brown: If you believe in protection, customers will listen
Craig Brown: If you believe in protection, customers will listen
Protection industry 'meeting or exceeding' expectations say advisers
Protection industry 'meeting or exceeding' expectations say advisers
Insurer Long Covid support 'meets NICE guidelines'
Insurer Long Covid support 'meets NICE guidelines'
  • Contact Us
  • Marketing services
  • About Incisive Media
  • Terms and conditions
  • Policies
  • Careers
  • Twitter
  • LinkedIn
  • Newsletters
  • YouTube
  • Instagram

© Incisive Business Media (IP) Limited, Published by Incisive Business Media Limited, New London House, 172 Drury Lane, London WC2B 5QR, registered in England and Wales with company registration numbers 09177174 & 09178013

Digital publisher of the year
Digital publisher of the year 2010, 2013, 2016 & 2017
Loading