Healthcare - Norwich Union makes group IP modifications.
Norwich Union has announced a series of modifications to its group income protection policy, relaunc...
Norwich Union has announced a series of modifications to its groupincome protection policy, relaunched last year.
The maximum non-selection limit has been increased from £75,000 to
£90,000, meaning no underwriting is required for those insured below this
level. Smaller companies are now eligible to take out the scheme and the
unit rate has been dropped from 30 to 25 lives or more. The benefit term
is also no longer restricted for members residing in Canada, US, Australia
and the EC.
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