DGT new business support:
- Tele-underwriting is available
- Where Tele-underwriting is not suitable, we'll revert back to the standard process existing before COVID 19, where we'll request a GP report and underwrite on that basis.
- Interim underwriting can be completed based on the information in a declaration of health, if it provides sufficient information.
- DGTs can be set up on a nil discount basis - but this option is designed for those cases where the health of the client is sufficiently poor that a discount is not expected. No underwriting is done for these cases, or it is a decline. These discounts are not re-visited.
Please also note that the cancellation period of the underlying bond remains the same – the bond can’t be cancelled even if a final discount is different or declined.