L&G raises medical evidence limits

| June 3, 2011 | 0 Comments

Legal & General has raised medical evidence limits in efforts to reduce processing times.

The changes mean that more underwriting decisions will be made at the point of sale, allowing more customers get confirmation of cover quickly.

For life cover up to age 35 next birthday L&G has increased the automatic medical evidence limit to £750,001, and for critical illness cover up to age 30 next birthday, the limit has risen to £450,001.

The insurer has also reduced the number of blood tests and microscopic urinalyses required.

According to L&G Protection underwriting and claims director, Russell Whitworth, around 6,000 extra cases a year should now go through without the need for additional underwriting.

Tags: , ,

Category: Companies News, Health Insurance News, Insurance News, Life Insurance News

Comments (0)

Trackback URL | Comments RSS Feed

There are no comments yet. Why not be the first to speak your mind.

Leave a Reply

You must be logged in to post a comment.


Visited 2411 times, 1 so far today