Insurers' critical illness definitions scored and incidence data sourced
Finance and Technology Research Centre (F&TRC) has added functionality into its Quality Analyser system which enables advisers to compare critical illness (CI) policies based on an individual's personal circumstances - such as age, gender and term of the plan. Each insurer's CI definitions have been analysed by an expert medical panel and scored based on how likely a claim would be for a client suffering from the condition. Age-banded incidence data for each condition has also been sourced to...
CI claims drop 14%
Over 9,000 claimants
GlobalData research shows
Maximum terms increased