LV= drops chronic medical condition underwriting restrictions

'Updated underwriting approach'

John Brazier
clock • 1 min read

Insurer withdraws underwriting restrictions on chronic condition as risk of Covid-19 diminishes

LV= stated that by "updating its underwriting approach" for people with chronic medical conditions more people can be considered for life insurance cover. Due to complications caused by Covid-19, insurers have placed restrictions on applications for life insurance policies for those with conditions such as severe respiratory conditions, heart and lung diseases, and cancer. The insurer has also changed its underwriting policy on diabetes to offer cover at point of sale for controlled type 1 or type 2 diabetics, without the need for further medical evidence. Debbie Kennedy, director ...

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