AXA increases life cover age limit

The provider noted advancements in medical science and standards of living have resulted in people living longer than ever before, with the need to protect themselves and their families for longer now paramount. Despite the increase in age limit, AXA said it will not cap its initial commission for clients whose length of cover takes them beyond the age of 75. Advisers will earn initial commission based on the full term of the policy. In addition, customers offered standard rates now have 180 days from when the terms are offered in which to take up the offer without completing a Declarat...