Unum has altered its Group Life product, increasing its Free Cover Limit (FCL) to £1.75 million.
Following Unum's re-launch of Group Life in May, which included the provision of cover to all UK postcodes, a range of additional enhancements have been made in a move Unum says is designed to ensure that it remains one of the strongest products on the market. The new FCL, equal to the Lifetime Allowance set by the Government for pensions savings, will be based on a tiered approach so that the maximum FCL will be available for larger cases. Unum has also extended its pioneering ‘Once & Done' medical underwriting approach to Group Life policies above 20 lives, up to a maximum benefit o...
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