VitalityLife has made three enhancements to its Serious Illness Cover product that the insurer believes will lead to "more claims and, therefore, more pay outs for customers."
The enhancements are Cancer Relapse Benefit, multiple claims for heart attack and stroke as well as the addition of new conditions and definitions. Under Cancer Relapse Benefit, Vitality will pay out an extra 50% of the sum assured on the recurrence of cancer - either a relapse of the original cancer at the same or lower severity or a new primary cancer - after a one year period of remission. Customers will also be able to claim for multiple heart attacks and strokes at the same or lower severity...
Cura Financial Services are going to be hosting a live broadcast discussing how advisers can benefit from quirky marketing.
Advisers urged to start planning
First Complete's Steve Berry discusses strategies for selling income protection.
With one in five parents taking over 12 months unpaid leave to care for their child during cancer treatment, Aviva's Mark Cracknell believes advisers can help families understand the impact that childhood sickness may have on family finances.