Available as an optional module in Defaqto Engage for additional fee
Fintech firm Defaqto has added CIC Compare, a critical illness (CI) comparison tool, to its end-to-end planning solution Engage. Using its historical data, Defaqto has scored the main critical illness definitions of policies dating back to 2009, meaning that the service can compare and contrast current products as well as earlier versions and closed plans. According the firm, it allows advisers to compare policies in ‘under five minutes on a whole of market basis'. Methodology Its scoring...
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One person dies by suicide every 40 seconds
Following January 2020 changes
Nearly a fifth have no savings at all