Alan Lakey: Choosing the right child cover

‘Seeing the wood for the trees’

clock • 8 min read

CIExpert director analyses the comparison of critical illness plans with child cover

In recent years the critical illness battlefield has deviated from the ruse of accumulating yet more conditions and instead has focused on areas that create additional value or claims for policyholders. A notable arena is children's cover. Until recent years this was not deemed an important plan aspect when it came to upgrades but is now seen as a major component and differentiation of a CIC plan. At CIExpert we had always been concerned that whilst this was an important value for a client the actual value would vary immensely between those with teenage children with just a few years of ...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Critical Illness

Partner Insight: When illness changes work, financial plans need to adapt

Partner Insight: When illness changes work, financial plans need to adapt

Rethinking financial resilience when work changes rather than stops — by Lesley Barsanti, Scottish Widows

Lesley Barsanti, senior product owner, protection platform, Scottish Widows
clock 28 September 2026 • 4 min read
Guardian updates proposition and policy T&Cs

Guardian updates proposition and policy T&Cs

CI ‘survival period' reduced for new policyholders

Jaskeet Briah
clock 15 June 2026 • 3 min read
Guardian launches Critical Illness Essentials

Guardian launches Critical Illness Essentials

Two products launched

Cameron Roberts
clock 04 June 2026 • 2 min read