Royal London pilots life cover for severe mental illness

Royal London has, since March, been piloting a mental health underwriting philosophy using a panel of adviser firms - Cura, Moneysworth and The Insurance Surgery - which specialise in sourcing cover for those with a history or mental or physical health conditions. Designed to assign cover to those with severe mental health conditions who would traditionally be declined, the insurer said it has offered cover to 75% of applicants who would typically be uninsurable. This includes those who have psychosis, schizophrenia and severe post-traumatic stress disorder. Ten percent, meanwhile, ha...