Customers will now be able to choose whether to include Total Permanent Disability (TPD) on their critical illness policy, Royal London has confirmed.
Customers who choose not to take the TPD option will receive a premium discount. In addition three new full payment definitions have been added to Royal London's CI policy - these are benign spinal cord tumour resulting in permanent symptoms or specified treatment, brain injury due to anoxia or hypoxia resulting in permanent symptoms or specified treatment and ulcerative colitis when treated with total colectomy. The definition for angioplasty with specified treatment which is an existing definition has been upgraded. Toby Bainbridge, reinsurance manager at ...
To continue reading this article...
Join COVER for free
Signup and gain exclusive members-only insights
- 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.
