Social changes recognised in life cover alterations

Axa has raised the limit on its life cover to the age of 85 and doubled the acceptance period. The provider said the move, which has increased the age limit by 15 years, was done in response to changing social trends. In addition, the acceptance period has been increased by 100% from 90 to 180 days. This means that any customer offered standard rates will now have extra time from when terms are given to take them up without completing a Declaration of Health. Ian Mallon, director of protection marketing at Axa, said: "By offering life cover to people up to the age of 85 and increasing...