Day four of Income Protection Awareness Week 2023
With no claims discount and pooled risk pricing
"The more refined we can get, the fairer it becomes"
"There are more variables that should be considered in the underwriting process"
Faster indicative underwriting terms
"MS is a condition underwriters will see fairly often, and it does present some challenges"
“We are building a fairer, more efficient, more sustainable ecosystem for insurers”
Changes also made to medical evidence requirements
"The shorter the period since stabilisation, the more severe will be likely terms offered"