Public could foot £250m bill

By Peter Carvill Customers could see their protection premiums rise by as much as 6% due to the Association of British Insurers' (ABI) new guidelines on non-disclosure, one reinsurer has warned. The guidelines, which were introduced in January, were designed to reduce the number of declined claims by allowing for premiums to be paid out if a customer makes a genuine mistake in their application form. Jason Hurley, head of sales and marketing at RGA, said: "Honest customers could possibly see their premiums increase by as much as 6% because of the change in the rules. The cost to the i...