APRIL UK announces PMI agreement with AXA PPP healthcare

Contributed by APRIL International, 16 August, 2018

UK focussed protection specialist APRIL UK has reached an agreement with AXA PPP healthcare to offer APRIL UK's individual and SME customers continuation of their PMI cover, with no personal additional medical exclusions. This follows APRIL's recent announcement that it has decided to withdraw from the UK PMI market.

The arrangement means that no client will be left without an offer of continuing their cover at renewal. Intermediaries can renegotiate their (individual and group) clients' cover mid-term with AXA PPP healthcare although commission clawback will be applied by APRIL UK, where applicable.

APRIL UK has set up a broker hotline to answer calls relating to the transfer of business. The number is 0800 073 5330. In parallel, AXA PPP healthcare will be setting up a helpline to assist with continuation of cover enquiries (with details available shortly).  

The news does not affect APRIL International (the Group's IPMI specialist subsidiary) or Medibroker (a direct broker in international health insurance) which are separate entities operating in different markets within the APRIL Group.

Tags: business | law | insurance |