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 £50,000. Greater use will be made of nurse screenings or blood tests, which are on average 10-15 days quicker than a GPR.
Mike Taylor, AXA’s Chief Underwriter, says “The majority of non-disclosure is for older lives, because applicants are likely to have a more complex medical history to report, which is where GPRs become valuable.For younger lives, especially those who do not have any medical problems, a screening provides an underwriter with a better view of their health including build, habits and blood pressure. It’s also a second opportunity for the consumer to reveal any medical information, further reducing non-disclosure.”