Royal London has removed the age restrictions for all occupations under its income protection (IP) and key person income protection covers.
Previously some occupation classes were only able to secure cover to a maximum age of 55. This restriction has been removed and all occupations now have a maximum age of 70. Occupations that have had the age restriction removed include professional drivers, fitness instructors, nurses, teachers and security guards. The products that have changed are personal menu plan income protection and business menu plan income protection and key person income protection. In April, Royal London launched its long-awaited life cover for people with Type 1 or Type 2 diabetes. The insurer also rec...
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