Shaping up a fitness plan for terminal illness cover

clock • 8 min read

In the second of her two articles, Ruth Gilbert argues the ABI's recent consultation - now extended to 26 January - misses the chance to address the difficulties surrounding terminal illness claims

In Does ABI guidance put terminal illness cover on life support?, we looked at the importance of continued ABI guidance for terminal illness cover minimum standards. This time, we will put forward some proposals for what the minimum standards could be. When it goes well, a protection claim is like magic. It has the power to transform a serious crisis in life into something more manageable when other options have closed down. It can also be such a pleasant surprise to the friends and family witnessing it, they have a complete change of heart about insurance. They become evangelists for ho...

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