Research from Scottish Widows also shows only 13% of mums have a critical illness policy
For direct-to-consumer life business to overcome CIC barriers
"Any upgrade is welcome if the result is more claims paid," says CIExpert's Alan Lakey
A new paid for option available to parents needing more coverage plus added benefits at no extra cost launched on Sunday
Coronary heart disease kills 70,000 in the UK every year, while only a third of the population have life insurance, research by Scottish Widows has revealed.
Insurers offer more than just financial support to cancer sufferers on both a group and individual level. But are they doing enough?
Scottish Widows' Johnny Timpson highlights the need - and opportunity - to provide protection for self-employed workers and those with short-term contracts.
Benefits also include family carer, recuperation and trauma support as well as death benefit and terminal illness payment.
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.
Research from Canada Life suggests that renaming 'group' insurance products would make them more easily understandable to employees and therefore more sellable.