Aviva has set up a specialist team to for protection cases with high sums assured and large annual premiums.
The new team will handle cases with life cover of more than £1m, life and critical illness cover of £500,000 and above and annual premiums of £6,000 or more.
As part of the enhanced service, the team will contact advisers within 24 hours of case submission. Aviva is also offering an extra 10 per cent commission for cases submitted online.
Existing medical evidence will be used where possible to ensure a quicker process. Aviva will also offer a mobile doctor service and nurse screenings at a venue of the client’s choice, where an appointment is required.
Financial questionnaires will not be required for cases up to £3m of life cover or £1m of life and critical illness cover. The insurer says in these cases a conversation with a high value underwriter may be sufficient for both personal cover and business protection.
Aviva chief underwriter Robert Morrison says: “We know high value clients have very specific requirements so our new team has been designed with this in mind, to create solutions tailored to their individual needs.
“The team is focused around providing a streamlined service to ensure cover is in place as quickly as possible, while premiums are kept competitive at all times. We understand the time pressures that many advisers face, so we hve listened to them and introduced the new team.”