L&G abolishes ongoing duty of disclosure on protection

The provider previously required customers to inform it of changes to answers on policy application forms until their cover commenced as an ongoing duty of disclosure. The change applies to all of the provider’s individual life insurance products, including term assurance, whole of life, critical illness and income protection. Russell Whitworth, claims and underwriting director at Legal & General, says: “In our experience, many people wrongly assume that the disclosure process ends once they have completed the application form. They believe that effectively they are covered once they ...