MetLife to underwrite YuLife group life cover

New partnership

John Brazier
clock • 1 min read

MetLife will take on the underwriting responsibilities for group life insurance policies provided by YuLife.

Under the terms of the new partnership, YuLife will continue to own its customer relationships and propositional offering, while MetLife will be the underlying risk carrier and claims administration provider. YuLife was launched in late 2018 as the "world's first ever lifestyle insurance business", including critical illness, income protection, virtual GP services and employment assistance such as counselling and coaching within its group life insurance proposition. In July this year,YuLife secured over £50 million in fundingto develop new products, increase its UK market penetration ...

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