Keeping track with a clients life – Have Vitality raised the Income Protection bar?

1 Comment

1. 

   Warren Robins on 26th July 2023 at 4:22 pm

   Hi Adam,
   Having just looked into GIO for an Aviva IP client and I read their policy document as making their GIO of no benefit, as it has the same impact as taking out a new Aviva policy with full underwriting, as it excludes any pre-existing conditions suffered since the original policy started due to these two clauses, which defeats the object of having GIO, in my view.

   • We won’t cover you for any incapacity which arises prior to
   the start of the new policy or prior to the life change event
   occurring.
   • We won’t cover you if the condition was diagnosed or you
   suffered symptoms (whether diagnosed or not) before the
   start of the new policy or prior to the life change occurring.

   I’d welcome your thoughts on the impact of these conditions on the benefit of their GIO

   Warren Robins

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