Underwriting Limits Increased

Posted on Wednesday, November 05th, 2008 at 9:55am

AXA have increased their life insurance underwriting limits, in order to compete more strongly in the market.

They have upped their limits to £1million for life insurance and £500,000 for critical illness cover, up from £600,000 and £350,000 respectively. Anyone applying has to provide their annual income and prove it, and announce any loan agreements that they may have.