Should piling on the pounds over the festive period exclude people from increasing their cover without additional underwriting?
According to the Association of UK Dieticians, the average person over the Christmas period puts on between 1kg and 2.5kg of extra flab. Although packing on some extra pounds during the festive season is not a good thing, should it stop someone from being able to increase their cover after a key life event without having to go through the process of underwriting? This could be the case for some as we are increasingly seeing providers remove guaranteed insurability options (GIOs) on their products if a client shows any non-standard trait, which could be something as simple as an above ave...
To continue reading this article...
Join COVER for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, key trend analysis and industry insights.
- Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
- Receive breaking news stories straight to your inbox in the daily newsletter.
- Members only access to monthly programme 'The COVER Review'
- Be the first to hear about our CPD accredited events and awards programmes.
