CIExpert: Bright Grey updates CI definitions

clock

Bright Grey is the latest insurer to upgrade its plan at the same time as it adopts the revised ABI model wordings that must be effected by 31st December 2015, CIExpert has said.

The changes to the policy are as follows: 

Additional Payments

Bright Grey provides nine additional payment conditions:

• Accidental Hospitalisation
• Carcinoma in situ of the breast
• Carcinoma in situ of the cervix uteri
• Carcinoma in situ of the oesophagus
• Carcinoma in situ of the testicle
• Carcinoma in situ of the urinary bladder
• Early stage prostate cancer
• Ovarian tumour of borderline malignancy
• Third degree burns to 5%-19% of body

New Condition

Bright Grey has joined Aviva, Canada Life and Old Mutual Wealth by including Spinal Stroke within its roster of conditions.

Claim Wording Alterations

Aplastic Anaemia The definition has been widened to include additional treatments.

Benign Brain Tumour Has been upgraded to include partial removal of the tumour and to comply with the changed ABI model wording.

Cancer Adapted the ABI wording other than not excluding early Chronic Lymphocytic Leukaemia.

Coma The requirement for use of life support systems has been removed.

Heart Attack Diagnosis now extended beyond ECG to other imaging tests.

Multiple Sclerosis No longer requires a 3-month period of continuous impairment or two or more attacks of impairment.

Stroke Eye strokes are now specifically excluded, as per the ABI model wording.

Carcinoma in situ of the breast Now includes elective surgery for lobular carcinoma in situ.

Carcinoma in situ of the cervix Trachelectomy now included as an acceptable treatment.

CIExpert's Verdict

Alan Lakey, director of CIExpert said: "Smaller sums for additional payment conditions was one area where Bright Grey previously fell short and this is now rectified bringing them up to the industry maximum of lower of £25,000 or 25% of the sum assured.

"The changes are uniformly positive and elevate Bright Grey further up the quality ladder."

Further reading

Royal London admits Bright Grey and Scot Prov were 'tired' propositions

Canada Life CI add on to new individual life products a 'welcome addition' - CIExpert 

More on Individual Protection

Children's mental health referrals peaked during pandemic: Royal London

Children's mental health referrals peaked during pandemic: Royal London

Signposted to RedArc for support

Hemma Visavadia
clock 08 August 2022 • 2 min read
Self-reported symptoms of Long Covid drop during summer

Self-reported symptoms of Long Covid drop during summer

1.8 million at start of July

John Brazier
clock 05 August 2022 • 1 min read
Anna Glod highlights 'bad practises' of Utility Warehouse non-advised IP sales

Anna Glod highlights 'bad practises' of Utility Warehouse non-advised IP sales

“They were trying to sell an Income Protection policy to me without even checking what my occupation, earnings, or health was.”

John Brazier
clock 04 August 2022 • 2 min read

Highlights

FCA gives three-month Consumer Duty extension for advisers

FCA gives three-month Consumer Duty extension for advisers

Deadline of 31 July 2023

Hemma Visavadia
clock 27 July 2022 • 5 min read
Meet the firm turning professional athletes into protection advisers

Meet the firm turning professional athletes into protection advisers

"You're only ever as good as your last game, but your next game could be your last"

Hemma Visavadia
clock 25 July 2022 • 5 min read
The COVER Review July 2022: Protection & Financial Education, IPAW 2022 and Reviewing 2022 So Far

The COVER Review July 2022: Protection & Financial Education, IPAW 2022 and Reviewing 2022 So Far

Now available for members to watch

John Brazier
clock 20 July 2022 • 1 min read