Bright Grey and Scottish Provident announce gender pipeline strategy

The insurers will give all qualifying applications in the pipeline ‘Initial Cover' which guarantees gender-specific pricing and give cover, within set limits, until the client extends the plan to the level they applied for. The final cut off point is 22 March 2013. The contract will be fully legal offering gender-neutral rates up to the day before the deadline including; life cover, critical illness cover and income protection cover up to set limits. Customers will have 30 days to accept the decision once underwriting plans are complete and on acceptance will be covered for the full c...