The Association of British Insurers (ABI) has u-turned on initial proposals for critical illness standards which said that all stage one cancers should be excluded from full payments, COVER can exclusively reveal.
Last Summer, leaked proposals suggested that the ABI was mulling allowing partial payments - of 25% - for all stage one cancers - a move that attracted industry criticism. However, under the proposals published today, an exclusion for stage 1 papillary thyroid cancer is up for scrutiny during the consultation. The ABI said that survival rates for Stage 1 and Stage 2 papillary thyroid cancer are virtually 100% and in many cases individuals receive no medical treatment as a result of this diagnosis. However insurers will still be able to provide cover for early stage papillary ...
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