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Health insurance news: AXA Sunlife
AXA Sunlife, part of the global AXA group is a top ten life and pensions UK insurance company. It deals only via financial and other intermediaries and it's insurances are underwritten by AXA Sun Life and other AXA group companies.
AXA Sunlife : Company profile
Recent news
Health insurance companies make customer pledge
26 health insurance companies have signed up to the Customer Impact Scheme, an initiative to provide excellent standards of service to purchasers of income protection and critical illness insurance plans. Each insurer has pledged to:Develop and promote products and services that meet the needs of customers Provide customers with clear information and good service when they buy products Provide...
Sir Michael Parkinson is the new face of AXA Sun Life Direct
Sir Michael Parkinson, arguably the nation's favourite chat show host, who is recently retired from his chat shows, and was knighted in this year's New Year's honours list, is the new face of the Guaranteed Over 50 Plan from AXA Sun Life Direct. A multi-media advertising campaign, starring Sir Michael, launches in early January 2008 and includes television and print advertising. The television...
Non-disclosure is five times higher for paper applications
Consumers are five times more likely not to disclose important medical and lifestyle information on paper applications than with tele-underwritten applications. AXA analysed data from more than 9,500 applications for protection products over the past year and found non-disclosure that could potentially lead to a claim being declined with 5.78% of paper applications. This compares with 3.48% for...
AXA scraps automatic GP reports for under 45s
AXA has abolished automatic General Practitioner Report limits for consumers under 45 applying for Life or Critical Illness products.The changes are in response to feedback regarding the lengthy delays caused by obtaining GPRs and will speed up application times for consumers. In addition, automatic GPR limits for under 45s’ Income Protection applications will increase to...
AXA reduces prices
Ahead of expected intense competition from PruProtect, AXA has lead what many other insurers are expected to do publicly or Just over half of all prices are reduced.The average reduction is 3.5%. The products affected are Level Life CoverDecreasing Life CoverGuaranteed Level Life or Earlier Critical Illness Cover Guaranteed Decreasing Life or Earlier Critical Illness Cover. Twenty year old male...
AXA life and critical illness products price reduction
AXA has revised its rates for AXA Protection products Level Life CoverDecreasing Life CoverGuaranteed Level Life or Earlier Critical Illness CoverGuaranteed Decreasing Life or Earlier Critical Illness Cover. Two thirds of premiums have reduced in price. Life insurance: News update: February 2007 Related linksAXA - company profile Find out more about critical illness insurance Get a quote for...
AXA reduces prices on life and critical illness cover
AXA has announced that on its AXA Protection Account, there are now many reduced prices for Life Cover and Guaranteed Life or Earlier Critical Illness Cover on both a level and decreasing term basis. The price reductions affect approximately 45% of Guaranteed Level and Decreasing Life or Earlier Critical Illness Cover premiums, which have reduced by up to 7%. Other price reductions are to some of...
Income protection : AXA makes Protection Account more available
Menu product, AXA Protection Account, is now easier to find. Although still not available direct, AXA is making its protection proposition available via a large number of financial and insurance advisers, instead of just from mortgage brokers. In one policy, AXA Protection offers customers;Income ProtectionMortgage Payment ProtectionShort term Mortgage Payment Protection Critical...
Long term care insurance : Prices increase
AXA Sun Life (Axa health insurance) premiums for its pre-funded Long Term Care insurance products are increasing by an average of 60% for new and existing customers. The insurer's 11,500 customers have a choice of paying more premium or accepting much lower benefits.One reason for the increase is that people are living longer. but often in poor health. AXA Sun Life's Lifetime Care Products are...
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