Impartial reviews on the latest products and how they can impact consumers.
August 2020
As of August 2020, we have introduced a new ‘adviser’ based rating to sit along side our product review scores. The score represents the average score from our independent panel of expert life, protection and health advisers for each product. The adviser panel includes the following firms:As of August 2020, we have introduced a new ‘adviser’ based rating to sit along side our product review scores. The score represents the average score from our independent panel of expert life, protection and health advisers for each product. The adviser panel includes the following firms: Advo Group, AJG, Assured Futures, BDHL, Cavendish…
read more »
November 2020 AIG Life: CI
AIG Life has updated its existing critical illness plans, with two developments in particular being worthy of note. First, it has grouped more than 20 conditions under just four broad headings. These focus on specific surgeries or on the impact on daily life for customers, not on the name of the illness. If the impact is the same, the customer will be covered - whatever the name of the condition. The headings are: Degenerative neurological disorder. Reduced heart function. Surgery to the heart, aorta or pulmonary artery. Surgery via the skull. Individual definitions remain but AIG says this approach is…
read more »
November 2020 HSBC: CI
HSBC has made a number of changes to its existing two product critical illness plans - Core Critical Illness and Critical Illness Plus. The most changes are on the Critical Illness Plus version. The Core plan now has 38 named 100% or full conditions and includes two additional payment conditions - less advanced cancer of the breast or prostate. These pay out the lower of £25K or 25% of the sum insured on diagnosis. Critical Illness Plus has an additional 11 specified 100% conditions and 37 additional payment conditions, which pay the lower of £50K or 50% of the sum…
read more »
November 2020 Aviva: Apps & Technology
Aviva DigiCare+ is a health and wellbeing app for both individual and group protection Aviva customers, designed to help them prevent, detect and manage common physical and mental health problems. DigiCare+ is the app for advised individual protection clients and DigiCare+ Workplace the app for employees with group income protection or group critical illness cover. Each app has been developed by Square Health and offers a suite of benefits. These provide a one-stop-shop for services including an annual health check, mental health consultations, nutritional support, digital GP, second medical opinion and gym discounts. For individual customers the app also includes…
read more »
November 2020 Legal & General: IP
Legal & General has launched two new income protection (IP) plans, aimed at SMEs and at those looking for a lower cost entry to IP. Both versions of the insurer’s long-established regular income protection (IP) plan include many of the benefits of that plan. The key difference for Low Start Income Protection is that premiums start at a lower premium, which then increases annually, although there is no change to the cover itself during the term. L&G says the plan has been launched to give advisers and customers more choice and also targets those who may not be able to…
read more »