The Exeter to end Managed Life offering

Latest simplification of insurer's proposition

clock • 1 min read

The Exeter will soon offer life cover to those with Type 2 diabetes and high BMI through its Real Life proposition as it winds down the Managed Life product.

The move is part of a "simplification" of the insurer's life cover offering, following adviser feedback which emphasised customers' preference for "certainty and simplicity of guaranteed premiums." From 30 September, the insurer's Managed Life product for customers with Type 2 diabetes or a high BMI, which offered variable premiums based on management of a customer's health, will cease to be available. Applicants with these conditions will instead be covered by its Real Life proposition instead. Steve Bryan, director of distribution and marketing at the Exeter, said: "By simplifying o...

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