Insurers' critical illness definitions scored and incidence data sourced
Finance and Technology Research Centre (F&TRC) has added functionality into its Quality Analyser system which enables advisers to compare critical illness (CI) policies based on an individual's personal circumstances - such as age, gender and term of the plan. Each insurer's CI definitions have been analysed by an expert medical panel and scored based on how likely a claim would be for a client suffering from the condition. Age-banded incidence data for each condition has also been sourced to enable the Quality Analyser system to weight each condition based on how likely a client is to s...
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