CIExpert on latest L&G critical illness upgrade

Third L&G CI enhancement of 2018

Adam Saville
clock • 2 min read

"Most notable improvement" is increase in payment level for adult additional payment condition and children's CI extra cover for new condition

Legal & General's third critical illness upgrade of 2018 has brought with it an increase in the payment level of adult additional payment condition within the critical illness extra plan, from the current lower of £25,000 or 25% of the sum insured to the lower of £30,000 or 25% of the sum insured. Children's critical illness extra has been "boosted" by the addition of craniosynostosis, which increases the number of child-specific conditions to 13. These pay the lower of £30,000 or 50% of the parent's insured sum, although any claim for low-grade prostate cancer or carcinoma in situ of th...

To continue reading this article...

Join COVER for free

  • 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.

Join now

 

Already a Cover member?

Login

More on Critical Illness

CIC knowledge gap widening: Vitality

CIC knowledge gap widening: Vitality

Nearly half of those covered not aware of claim conditions

Cameron Roberts
clock 27 March 2024 • 1 min read
Half of CIC policyholders unaware of claimable conditions: Vitality

Half of CIC policyholders unaware of claimable conditions: Vitality

Lack of awareness around Crohn’s diagnosis payout

Jaskeet Briah
clock 07 March 2024 • 2 min read
As seen on TV

As seen on TV

More focus needed on consumer CI awareness

Alan Lakey
clock 23 February 2024 • 3 min read