To meet the needs of its clients and to stay competitive in the market, Humania Assurance recently announced that it has removed the following question from the application for its Insurance Without Medical Exam product:
"In the last 5 years, have you submitted an application for Life, Critical Illness or Disability insurance which was declined or postponed by an Insurer?"
This change means that new clients who were declined or postponed in the past may now obtain a better rate.
The insurer notes that the pricing level (gold, silver, bronze) of a policy that has already been issued cannot be changed.
