"The tides have changed for protection"
CIC represents 23% of all claims and income protection accounts for 12%, according to figures from ABI and GRiD
Critical Illness Extra (CIx) supports a total of 95 conditions and includes children's cover as well as virtual GP service plus RedArc nurses
Firm pays 98% of life and 94% of CIC claims
The firm processed £40bn in life cover, £10bn in critical illness cover and £3bn in income protection last year
Almost 60% of financial advisers struggle to complete all their tasks in a single day
Customers will be able to choose between 'no cover', 'standard cover' and 'enhanced cover' for children within CIC, which can now include 12 additional child-specific conditions.