Advisers have stressed an importance for customers to consider taking out children’s critical illness (CI) cover early, or even before a child is born to ensure they always remain covered, according to CIExpert.
The critical illness specialist's recent Adviser Watch poll of over 260 advisers found that 73% of respondents believe it's important to highlight early cover options for clients that may have children in the future. Meanwhile, 23% of surveyed advisers "always" recommend to clients that they put cover in place in advance. However, the survey found that almost one fifth of surveyed advisers (19%) would "always" recommend an adult-only policy to customers, even if the client thought they might have children in the future. Notably, the survey found that 42% of respondents are unaw...
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