'Fortunately there is now a trend for insurers to remove or consolidate conditions, however much work still needs to done'
Insurers love bombarding advisers and clients with statistics, often useless or wrong. They can't help it, it's in their DNA and no doubt the practice will continue. One of these useless and misrepresentative habits is when an insurer states that it includes 51 or 98 critical illness conditions. The lazy adviser can use condition numbers as a means of divining plan superiority to the detriment of a trusting client. In fact, the adviser may not even realise that using condition numbers has hoodwinked...
Focus on quality rather than list of conditions
Will 'delight' advisers that focus on quality
Officially checks out of 'conditions race'
COVER Podcast #10