New version is "a different beast entirely" compared to individual CIC plans, says Alan Lakey
Today Aviva announced it has launched a revised HMRC-approved Relevant Life policy. Within the new version, critical illness cover (CIC) has been replaced by ‘employee significant illness cover', which covers only the most serious conditions - such as cancer, strokes and heart attacks - which result in retirement. Enabling up to £1m protection and running from age 18 to 75, the new trigger requirements will rule out claims for minor heart attacks, strokes and early-stage cancers. More clarity...
The equivalent of £1.7m every day
Welcoming Andy Morris as finance director and Shirley Fell as operations director
Two million UK people estimated to have dementia by 2051
How can we achieve mental and physical health parity at work?