Critical illness: Seven areas to keep an eye on

During 2021

clock • 5 min read

CIExpert director Alan Lakey explores what's in store for critical illness cover (CIC) this year

2020 was an eventful year where insurers focused on improving their plans rather than adding conditions or emblazoning old pigs with a coating of frosted plum lipstick. A corner has been turned and I hope, and expect, to see more positive moves in the coming year. As 2021 gets underway, here are seven areas to keep an eye on. Condition numbers The cult of condition counting is doomed and insurers have been busy culling useless and claim-free conditions such as HIV and Loss of Speech. Another welcome trend is the amalgamating of conditions which share a similar claim trigger such...

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