Redress Manager recent update includes the capability to calculate redresses for Whole of life Polices.

Some examples of whole of life policy calculations have been included and they are:

    ■    Complainant would have surrendered the policy

    ■    Complainant would have surrendered the policy and taken out an alternative cover

It is important to note that while the calculation screen used is the same as the investment screen, the underlying calculation is not the same. Whole of Life cases should always be carried out under a Whole of Life case type.

Related Topics

Whole of Life Policy Scenario 1
Whole of Life Policy Scenario 2