The ABI's reforms of Total and Permanent Disability (TPD) definitions on critical illness (CI) policies have not been well received by advisers.
Recently rebranded Ageas Protect has launched ‘Low Start', a personal protection product offering the same cover as its YourLife Plan at a lower initial cost.
Bupa has raised medical underwriting limits on its life and critical illness plans.
Bright Grey has extended the definitions of three critical illnesses it covers.
Just 7% of UK families feel financially protected while 61% have no life insurance at all, according to new research.
Legal & General has extended its critical illness (CI) policy expiry age to 70 while allowing multiple claims for children.
My client is 42 and runs a consultancy in the oil industry. As a result he has to travel extensively, including contracts in dangerous and high disease risk countries such as Algeria, Sudan and Nigeria. He has already arranged international private medical...
Axa has amended its critical illness product and unveiled a client support service for all products within its protection account.
The ABI has announced that it will not be re-naming Total and Permanent Disability (TPD) cover for critical illness contracts in its next Statement of Best Practice to be released next year.
The protection industry has generally welcomed the ABI's decision not to re-name Total and Permanent Disability (TPD) on critical illness insurance and the agreement on industrywide standards.