Exeter Family Friendly makes adviser-demanded changes

Published on

Exeter-Friendly

Exeter Family Friendly has made changes to its proposition, made as a direct result of feedback from specialist advisers.

The Exeter based friendly society has announced that it has increased the maximum age of applicants accepted under switch underwriting from 65 to 70 for both its Health Cover for Me and Health Choices for Me products.

The option will apply to all switchers, regardless of whether their previous policy was under moratorium or had been fully medically underwritten.

The provider announced the change at the same time as making a number of updates to application forms to comply with the Consumer Insurance Act, which comes into effect on 6 April.

Head of Sales and Marketing, Mike O’Brien said: “On the face of it, this may seem like a small move; but it’s more than that. This is the next step in our commitment to listening to adviser feedback and making the changes needed to move our businesses forward together.

“Last year at our PMI roundtable event, 20;20 PMI, advisers told us loud and clear that this simple change would make a big difference to them and we listen.

“We have scheduled the change to coincide with some updates we are required to make as a result of the Consumer Insurance Act; advisers are too busy for us to bombard them with changes on an ad hoc basis.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

The Coventry cuts selected intermediary residential fixed rates

Coventry for intermediaries has reduced a number of residential fixed-rate products for new and...

Mortgage Advice Bureau completes acquisition of Dashly

Mortgage Advice Bureau (MAB) has completed the acquisition of technology and data company Dashly,...

The Buckinghamshire lowers rates across key ranges

Buckinghamshire Building Society has cut rates across a wide spread of residential and buy-to-let...

FCA finds protection market delivering good outcomes, says TPFG

The Property Franchise Group PLC (TPFG) has responded to the publication of the Financial...

Conditional selling remains industry flashpoint as enforcement lags

Conditional selling remains one of the most persistent and contentious issues facing the UK...

Latest publication

Other news

The Coventry cuts selected intermediary residential fixed rates

Coventry for intermediaries has reduced a number of residential fixed-rate products for new and...

Mortgage Advice Bureau completes acquisition of Dashly

Mortgage Advice Bureau (MAB) has completed the acquisition of technology and data company Dashly,...

The Buckinghamshire lowers rates across key ranges

Buckinghamshire Building Society has cut rates across a wide spread of residential and buy-to-let...