Impartial reviews on the latest products and how they can impact consumers.
May 2018 Legal & General: CI
L&G’s new critical illness insurance upgrade option is called Critical Illness Extra, or abbreviated to CIx. It offers high end cover, with 95 conditions covered, while its Standard CI cover, which includes fewer conditions, remains available too. Both include basic child cover too, and parents can upgrade that to children’s CI Extra cover if they wish There are new 100% payout conditions for (on adult policies): brain injury; cauda equine syndrome; drug resistant epilepsy; heart failure; intensive care (min seven days); interstitial lung disease; Kennedy’s disease; myasthenia gravis; neuromyslitis optica; Parkinson’s plus syndromes; peripheral vascular disease; pneumonectomy; pulmonary artery surgery;…
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May 2018 Cigna: Dental
Cigna UK HealthCare Benefits (Cigna) has introduced core enhancements to its comprehensive dental plans to provide what it says is market-leading access to dental care, including unlimited preventative treatments, which will aid in addressing what Cigna says is the economic loss of £105m every year in sick days that are attributable to oral health problems in the UK. The enhancements are designed to support the overall health and wellbeing of customers, and help improve dental care access and prevent future sickness absence caused by oral health related problems. The three core enhancements include: Unlimited access to preventative treatments, including dental…
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May 2018 Old Mutual Wealth: Term
Old Mutual Wealth’s (OMW’s) rolling term policy offers renewable guaranteed premium term insurance that can effectively turn into whole life cover over time. OMW offers three types of funding option on its Protect product – Rolling Term, fixed term and whole life. This review focuses on Rolling Term. Customers take out a ten year term policy, with guaranteed premiums. At the end of each ten year period they can renew for a further ten years, with future premium rates guaranteed too. Compared to renewable term insurance, Rolling Term offers two key advantages: All premium rates are guaranteed. This also applies…
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May 2018 Royal London: WL
Royal London’s pre-paid funeral plan, Traditional Funeral Plan, covers the costs of funeral directors' fees, a coffin, the funeral service, a limousine and cremation or burial costs. Rated five-stars by Fairer Finance, the plan is offered in partnership with Ecclesiastical Planning Services to provide the funeral services selected by the customer. Royal London says that, unlike the majority of funeral plans, this plan offers protection under the Financial Services Compensation Scheme (FSCS) too. Premiums start from £29 a month and the plan includes a payment holiday to help customers if they fall into financial difficulty. Customers can tailor the plan…
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April 2018 PG Mutual: IP
PG Mutual Income Protection Plus PG Mutual’s updated Income Protection Plus product includes three new benefits: An enhanced Loyalty Bonus. This pays out on death a minimum lump sum of £10,000 plus six months income benefit to the customer’s family in the event of their death. Paycare GP 24/7. This benefit gives qualifying members access to professional advice and guidance. A dedicated online app means appointments can be booked easily, and customers can attend a consultation through a telephone or video link, and access health and fitness information and more online. Customers can also receive private prescription medication delivered to…
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