Aegon reminds parents to check critical illness policies

clock • 1 min read

Aegon is reminding parents to check their critical illness (CI) policies and has shared information for child CI claims since 2007 in recognition of childhood cancer awareness month.

  Of all the CI claims for children received by Aegon in the last 10 years, 67% were for cancer. Since 2007, 30% of childhood cancer claims were for brain tumours, 25% were for Leukaemia and the remainder were for other forms of cancer. In 2016, cancer accounted for 83% of CI claims for children. Simon Jacobs, head of underwriting and claims strategy at Aegon, said: "In the last 10 years we have paid a total of 84 claims for Child CI. These claims have included all ages from children under one to teenagers of 17. "Thankfully the number of families having to make a claim like thi...

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

Half of CIC policyholders unaware of claimable conditions: Vitality

Half of CIC policyholders unaware of claimable conditions: Vitality

Lack of awareness around Crohn’s diagnosis payout

Jaskeet Briah
clock 07 March 2024 • 2 min read
As seen on TV

As seen on TV

More focus needed on consumer CI awareness

Alan Lakey
clock 23 February 2024 • 3 min read
Protection sales down 102,000 in 2023: Gen Re

Protection sales down 102,000 in 2023: Gen Re

Increase in premiums of 2%

Cameron Roberts
clock 23 February 2024 • 2 min read