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...
H1 2020 claims stats show
‘Step in the right direction’
‘Over the past four years the playing field has changed’
Importance of advice & full disclosure
Following January 2020 changes