L&C report on Improved Life Insurance Cover

Top Quote Axa has enhanced its critical illness plan by reducing premiums and improving definitions. Enhancements include low-grade prostate cancer cover, enhanced children's cover and premium reductions where Axa is unable to cover certain individuals for cancer and multiple sclerosis. End Quote
  • (1888PressRelease) February 18, 2010 - For people with children Axa has increased the percentage of the sum assured they will pay out under the children's cover benefit from 25 per cent to 50 per cent, or 25,000, whichever is lower as part of their critical illness cover. In addition the number of children eligible for cover has now doubled from two to four.

    As well as taking standard life insurance cover which pays out in the event of death, many consumers should also take critical illness cover which will pay out in the event of a number of specified serious illnesses.

    Commenting on the improved terms David Hollingworth said 'Sometimes these policies have been criticised for being too restrictive. It is encouraging that life insurance providers are now offering greater flexibility through premium reductions and additional benefits so that consumers get cover at the optimum price'

    London and Country Mortgages Ltd is the country's leading whole of market no-fee mortgage broker and submitted over 4bn of mortgages to over 70 lenders in 2008.

    For more information visit our website London & Country Mortgages

    L&C is a Climate Neutral company and for the last seven years has invested in climate friendly projects and tree-planting to help offset its emissions and those of its customers.

    L&C has won numerous awards including:

    Best Mortgage IFA/Adviser of the Year - Money Marketing, 2004, 2005, 2006 and 2008
    Best Technology Adviser - Money Marketing 2007
    Best Mortgage Broker outside London - Mortgage Strategy, 2004 and 2005
    Best National Broker - Mortgage Introducer 2005, 2006 and 2007
    Best Overall Broker - Mortgage Introducer 2005
    Overall broker of the year - Pink Home Loans, 2006 and 2007
    Top 100 company in the Sunday Times Fast Track 100 for 2004 and 2005
    Business of the Year - The Bath Business Awards 2005
    Growth Strategy of the Year - National Business Awards (Wales and West) 2008
    Business Leader (Broker) - British Mortgage Awards - 2008
    Online Mortgage IFA of the Year - Financial Adviser - 2008

    Press Contacts:
    Richard Morea, Technical Manager
    Office: 01225 341312
    Mobile: 07970 885168

    David Hollingworth, Head of Communications
    Office: 01225 341211
    Mobile: 07710 634044

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