VitalityLife enhances serious illness cover

VitalityLife has announced that ‘Dementia and FrailCare Cover' will now be offered to customers at no extra cost as part of Serious Illness Cover (SIC). Aimed at protecting people against the rising costs of later life care, the policy will also provide members with protection for a range of degenerative later life illnesses after the initial expiry of their SIC product. VitalityLife's ‘Dementia and FrailCare Cover', which the life insurer is calling a ‘first for the insurance market', will make a severity-based pay-out following the deterioration of health in later life to protect as...