CIC advice..tad confused..

anchster

My husband and I have several insurances in place:
Separate Life insurances (Axa and Aegon)
Joint CIC (Axa)
Hubby has Income PRotection (L&G)

Currently these are all with different companies, however recently an insurance company came round and asked if we would like them to look at our polices and see if we were getting the best we could with our money so we said yes and they came back to us with a quote from Pruprotect with a muti product policy for £115 which we were happy with and agreed to change to.

Now, when we took out cover before we had to give medical information about ourselves past history etc and I have past medical history which Axa said did not need to be followed up by GP and they insured me no bother...however with Pruprotect the insurance company told us to expect a phone interview and most likely a GP letter as their policy covered more illnesses etc in case they wanted to add any exclusions.
I got a phonecall today telling me that they didnt in fact want to do a questionnaire or contact my GP all they wanted to do was increase the premium by £10 a month to 125 with no exclusions etc

I'm just a bit confused as to why this is and is it right? Sorry a bit clueless in these things.
Also, we wanted to have totally separate life and CIC policies so that if anything happened to either of us both would still pay out not once and thats it, is this what pruprotect does even though its all under one blanket??

Thnks for any advice

dunstonh

I'm just a bit confused as to why this is and is it right?

Different companies will have different underwriting methods. It also depends on how you answer the questions. You never really know what an insurance company will decide to do in the process. So, maybe the person was covering their bases.

however recently an insurance company came round and asked if we would like them to look at our polices

Its rarely a good idea to buy direct from an insurer. Its typically more expensive and you are limited to their own product range which may not be the most suitable.

However, I was under the impression Pru didnt have any insurance agents any more. Although its possible their product is available on a multi-tie.

Given the events of the Pru debacle over CI and life cover 5 years ago, their product and service would have to be a lot better for me to use them again.