Covéa have become the new insurer for our back book of our Mortgage Protection polcies providing a number of new benefits to policyholders.
The transfer of our Mortgage Protection back book from Aviva to Covéa means they are now our strategic protection partner across both Income Protection and Mortgage Protection products.
Letters were issued to existing Mortgage Protection policyholders in February to advise of the change in insurer and confirming there is no action required from them. Read the letter.
Existing policyholders will now benefit from the following:
- There is no longer a claim form for policyholders to complete.
- For claims of stress, psychiatric or nervous disorders, there is no requirement that a suitably qualified consultant certifies that the condition prevents anyone covered under the policy from working or that they have been referred to and be receiving ongoing treatment from an appropriate medical specialist.
- For claims of backache or related conditions there is no longer a requirement to provide evidence, physical or radiological, a medical abnormality.
These improvements have been made without any increase in premiums.
For any questions about this change please contact your dedicated business development manager or request a callback.