Royal London has announced the full market launch of diabetes life cover through advisers. After piloting the scheme and receiving positive feedback, the leading provider has worked alongside advisers to shape the final product to best suit clients.
- Availability – The new plan is available to types 1 and type 2 diabetics even with higher HbA1c levels.
- Rewarding good control – The way the plan works is that individuals provide an annual HbA1c reading, by showing improvements in the control of the condition Royal London will reduce the premiums up to a maximum 40% over a number of years. If control slips and HbA1x levels increase dont worry as the price can never go above where it started
- Easy– There is an application tailored to diabetes and takes less than 30 minutes with cover being able to start immediatly
- Personal support – Royal London use a service called Helping Hand whom can provide a specialist nurse for support and advice for dealing with diabetes.
The cover will include a fast track application, which means we will be able to get a quote within moments, to help those with diabetes struggling to get cover. Royal London has also announced capped premiums with the cover, a first in the protection market.
This plan is likely to be a great support for individuals who have struggled to find cover in the past due to their diabetic readings being higher than ideal, Royal London are offering to support and reward individuals for taking positive action to improve their situation.
For information regarding how diabetics can benefit from the plan contacts us here
The policy document can be downloaded here – Diabetes Life Insurance Document
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