We must underwrite fairly, flexibly and with recognition of real life situations, writes Andrew Wibberley
For the Protection Review conference yesterday Alea Risk and Protection Review worked together to seek views from advisers, intermediaries, distributors, insurers, reinsurers and the public on their current thoughts on the subject. We had responses from over 200 professionals at insurers, reinsurers and advisers and surveyed over 2,000 members of the public. Many words have already been written about mental health and insurance - we sought not just to add to these but to allow some new voices...
Subject to certain criteria
Customers asked to reapply after fixed period
Rising to 7.8% in people over 80
‘We could be failing people, when they need us most’
'We must not act as fast-buck profiteers'