The Exeter has entered the life insurance market with a policy for people with type 2 diabetes or a high body mass index (BMI).
The policy, called Managed Life, offers reduced premiums for policyholders who positively manage their conditions by lowering their HbA1c level (for type 2 diabetics) or weight (for high BMI). Andy Chapman, chief executive of The Exeter [pictured] said: "Managed Life is a bespoke life insurance plan for an underserved sector. For too long, insurers have focused on healthy lives and ignored the increasing number of people who suffer from long term health conditions." The Exeter said that the policy can provide savings of up to 35% of the initial premium. Evidence of the customer's H...
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