Analysis: Intermediaries criticise early details of ABI CI Statement of Best Practice

COVER understands that the ABI's initial proposals are for stage one cancers to be excluded from full payment and would instead receive a partial payment of 25%. This would only apply to new policies.  Other areas to be reviewed in the consultation include model wordings for critical illness definitions. Industry figures have expressed concerns that so far there has been a lack of meaningful discussion with the wider protection industry outside of insurer and reinsurer representation within the ABI's Working Group, as well as frustration with the scope of the proposals leaked to the m...