Advertisement

Axa abandons non-contestability life product

Axa has abandoned plans to launch a life insurance product that guarantees to pay claims in full even if the policyholder has not fully disclosed.

Consumer appetite for a term life policy with an in-built two-year non-contestability option was lacking. The insurer piloted the option with broker LifeSearch and, if successful, planned a nationwide rollout this year.

It guaranteed full payment on death after a two-year period even if the policyholder had not disclosed important health information on their application form.

Comment on this page »

Features

Latest news

Chelsea and Westminster named the best place to work in the NHS for 2015

Nuffield Health opens doors of new Cambridge Hospital

Nuffield Health plans to open state-of-the-art diagnostic suite

Axa abandons non-contestability life product
Advertisement
Advertisement
Connect with us on:

This site compiles with the HONcode standard for trustworthy health information