Critical Illness

An independent survey, commissioned by PruProtect has found 61% prefer severity based critical illness (CI)cover, when comparing to traditional policies.

LV= today has relaunched its critical illness (CI) cover, with an increase in the number of conditions and partial payments covered, as it positions itself at the quality end of the market.

Friends Life paid 90% of claims under its critical illness plans last year., 1,565 claims admitted and processed out of 1,733.

Legal & General paid a total of £441 million combined death and critical illness claims in 2011, up from £373 million in 2010 and a new record for the firm.

A critical illness insurance comparison website which allows advisers to compare policies from every CI cover provider has been launched by Highclere Financial Services partner Alan Lakey.

Aviva paid more than £439m to its life and critical illness (CI) customers in 2011, a total of 99%, making payments for 10,495 life claims and 1,568 CI claims.

Scottish Provident has announced that it paid out £90 million to critical illness policyholders during 2011, with 91% of all critical illness claims paid.

COVER is proud to announce that Aviva, LV=, PruHealth, PruProtect and Simplyhealth are sponsoring its new website.

The government could force people judged too sick or disabled to be employed to do unlimited unpaid work or risk losing their benefits.

LV= has big plans for 2012. Paul Robertson interviews one of the industry's most prominent Welshmen, Mark Jones.