Impartial reviews on the latest products and how they can impact consumers.
October 2019 Lime: Other
Lime is an online insurance provider founded on the principle of delivering universal access to much-needed insurance products, it says. Launched in February 2019, Lime currently offers this product plus an accidental death policy, (underwritten at Lloyd’s) but says more products are in the pipeline. This policy is underwritten by Aviva and is a direct-to-consumer version of its Cancer Essentials product, which we reviewed back in 2016. Premiums are low, starting from £2.03 a month for an 18-year-old non-smoker, or £3.16 per month for a 37-year-old non-smoker. Cover is available to age 70. The annually renewable policy pays up to…
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October 2019 Bupa: iPMI
Bupa Arabia is an associate company between Bupa and Nazer Group, and is the largest health insurance business in Saudi Arabia, with almost a 40% market share and over 2.9m customers. Munsha’at’ is what Bupa Arabia has called a ‘first-of-a-kind' health insurance product for small and medium-sized enterprises (SMEs) in Saudi Arabia. Three versions or programmes are available. • Essential. This is six option budget iPMI and comprises version 1.0 (one option), 2.0 (two scheme options) and 3.0 (three options). • Classic. This offers a wide variety of network options and includes eight scheme options between versions 1.0, 2.0, 3.0…
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October 2019 Unum: IP
[email protected] is Unum’s new app-based service offering employees and their families access to medical support at the touch of a screen, if their employer has a Unum GIP (Group Income Protection Plan). The app includes four services: • Remote GP. This offers access to a remote GP within two hours of requesting an appointment. Unlimited face-to-face video consultations with a UK-based GP are available, 24/7. • Second opinion. Two consultations a year are available. These can be face-to-face or by video, and are provided by a UK-based specialist following a diagnosis from a treating doctor. • Mental health support. Up…
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October 2019 Bupa: iPMI
Bupa Global, Bupa’s international health insurance arm, has launched Virtual Care, which is a digital GP service to support employees and their families living overseas. The service offers 24/7 telephone and video access to multi-lingual doctors and consultants who can advise, diagnose and offer prescriptions. Customers can also upload images and refer to their doctors’ notes post-appointment. The technology behind the service comes from Advance Medical, which is part of Teladoc Health, and offers customers access to a global team of doctors who consult with patients in over 130 countries around the world and speak more than 30 languages. In…
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September 2019 LV=: IP
LV= has launched an optional 12-month claim period option on its existing Budget Income Protection product. The main effect of this is lower premiums than plans with longer maximum benefit periods, while underwriting will be lighter too as the maximum risk to the insurer is now lower. Moreover, the new option still gives customers access to all existing LV= benefits such as parent and child cover and Doctor Services. LV= is targeting the option at budget conscious customers who want to protect their most valuable asset, which is their income. LV= also points out that, as with other benefit terms,…
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