The Financial Ombudsman Service (FOS) has given an insight into current complaint trends in critical illness, with a mixed report.
I have a client making a claim on a critical illness (CI) policy. The provider is suggesting they take a lump sum payment rather than the family income benefit (FIB) they originally bought. I realise there are various arguments for each side, but what...
Not only will the needs of each and every client who needs a protection policy differ, but advisers also have to factor in the different underwriting processes of providers...
Aegon paid 94% of critical illness (CI) claims in the first half of the year, a 3% increase on its overall result for 2010 (91%).
Aviva paid 92.5% of critical illness (CI) claims during the first six months of the year.
The Association of British Insurers (ABI) this week revealed that nine in every ten claims made under a critical illness (CI) policy in 2010 was paid by the insurer.
A long-term plan to provide more US citizens with health insurance may fall short of hitting its targets as it is still too expensive for a lot of people, according to reports.
Critical illness (CI) and life insurance claims payments reached almost £2bn last year, according to figures published by the Association of British Insurers (ABI).
Zurich paid 89% of critical illness (CI) claims received in the first six months of the year with payments amounting to £43.7m.
Scottish Provident paid 91% of critical illness (CI) claims during the first half of the year.