Life insurance and life insurance plus critical illness cover now available through directly authorised protection proposition
Simplifications for heart attack, stroke and cancer (and more) with exclusions removed
Gryphon Group Holdings targets protection disruption by removing exclusions for critical Illness and terminal illness
CIC represents 23% of all claims and income protection accounts for 12%, according to figures from ABI and GRiD
'Record-breaking' £5bn in total pay-outs for protection industry last year and £1.6bn paid out for group risk, according to 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
Long-term disability income increases following years of decline
The insurer also paid 93% of critical illness cover claims
New version is "a different beast entirely" compared to individual CIC plans, says Alan Lakey
CIC replaced by 'employee significant illness cover' to meet HMRC requirements and remove confusion