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....
CI claims drop 14%
Over 9,000 claimants
GlobalData research shows
Maximum terms increased