Protection Update - Issue 100

Immediate cover doubles

We’re pleased to tell you we’ve significantly improved our Immediate Cover offering. We’ve extended cover from 30 days to 60 days and doubled business critical illness cover from £500,000 to £1 million.

In addition, no financial evidence needs to be provided up front for our Immediate Cover to be considered. All we need is the application, Immediate Cover application form and a cheque for the first month’s premium.

These changes mean we now offer one of the most comprehensive Immediate Cover facilities in the protection market. It provides valuable added peace of mind for your clients while they’re being underwritten for a policy. As soon as they apply, there’s a safety net in place if they were to die. For instance, if we’re waiting for a GP report before we can reach an underwriting decision, your client won’t have a gap before their cover begins.

Applicants for business life insurance with an added critical illness plan are also covered if they get one of the listed critical illnesses before their policy starts, and are eligible to claim

Immediate Cover is available on Life cover from £100,000 to £2m (£1m for Business Critical Illness cover).

If you’d like any information on this market leading change, please contact us