Defaqto updates critical illness comparison tool

CIC Compare

Adam Saville
clock • 1 min read

Quality analysis of decreasing term critical illness policies has been added to CIC Compare

CIC Compare's quality analysis facility, which according to the firm takes less than five minutes, has been updated to include decreasing term critical illness. Available as a standalone product or added to Defaqto's financial planning solution Engage, CIC Compare allows advisers to compare new and historical critical illness (CI) policies on a whole market basis, including Vitality. The methodology for scoring conditions, based on pricing information, focuses on definition quality rather than number of conditions. Scores allocated to each definition are based on the likelihood of bei...

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

CIC knowledge gap widening: Vitality

CIC knowledge gap widening: Vitality

Nearly half of those covered not aware of claim conditions

Cameron Roberts
clock 27 March 2024 • 1 min read
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