Guardian FS withdraws 'unsustainable' fracture cover

To focus on 'core business'

Adam Saville
clock • 2 min read

CI and life provider no longer able to offer optional add-on without general exclusions

Guardian removed the option to add fracture cover to its life and critical illness policies on 15 May. According to the insurer, the decision was made because it was unable to offer fracture protection without general exclusions. To add exclusions, it said, would compromise its "core values", however distributing its fracture cover without standard exclusions would be "unsustainable". Aviva, LV= and Zurich have all applied exclusions to high-risk pastimes such as rugby, horse riding and motorcycle sport in recent years. Following Guardian's removal of fracture cover, Zurich is the ...

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