L&G 'plugging obvious gaps' in CI proposition

F&TRC on latest enhancement

Adam Saville
clock • 1 min read

'Much-improved' heart attack definition and removal of alcohol exclusion 'welcome'

F&TRC's head of research for adviser services, Adam Higgs, has praised Legal & General for making more changes - the third update this year - to its critical illness proposition. Updates include increasing additional payments for critical illness extra (CIx) to 25% of the sum assured up to a maximum of £30,000, and children's critical illness extra (CCIx) to 50% of the sum assured, up to a maximum of £30,000. There are improved definitions for heart attack and dementia, and craniosynostosis has been added to the list of conditions covered under CCIx. In addition, Legal & General's CI ...

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

The importance of care

The importance of care

Value-added services for Cancer survivors

Alan Lakey
clock 10 July 2024 • 3 min read
Guardian paid out £15m in 2023

Guardian paid out £15m in 2023

Provider’s first claims statistics

Cameron Roberts
clock 26 June 2024 • 2 min read
Guardian ups additional payments for CIC

Guardian ups additional payments for CIC

Percentage payable increases to 50%

Jaskeet Briah
clock 17 June 2024 • 2 min read