Impartial reviews on the latest products and how they can impact consumers.
December 2016 Aviva: CI
Aviva has spent the past year and a bit (following its acquisition of Friends Life in April 2015), reviewing how best to incorporate the best bits of both organisations’ well-respected protection offerings. The new products are called Life Insurance+, Life Insurance+ with CIC, Critical Illness+ and Income Protection+. The plans include Aviva’s ‘protection promise’. This provides free life cover during underwriting, up to £500,000. Life change benefit, separation benefit and house purchase cover are also available subject to underwriting, at no extra cost. Critical illness cover can be included that has options to upgrade the cover, upgrade children’s benefit, add…
read more »
December 2016 Aviva: IP
Aviva has spent the past year and a bit (following its acquisition of Friends Life in April 2015), reviewing how best to incorporate the best bits of both organisations’ well-respected protection offerings. The new products are called Life Insurance+, Life Insurance+ with CIC, Critical Illness+ and Income Protection+. The plans include Aviva’s ‘protection promise’. This provides free life cover during underwriting, up to £500,000. Life change benefit, separation benefit and house purchase cover are also available subject to underwriting, at no extra cost. Income Protection+ offers benefit of up to £20,000 a month and underwriting on an own occupation basis.…
read more »
December 2016 Aviva: CI
Aviva has spent the past year and a bit (following its acquisition of Friends Life in April 2015), reviewing how best to incorporate the best bits of both organisations’ well-respected protection offerings. The new products are called Life Insurance+, Life Insurance+ with CIC, Critical Illness+ and Income Protection+. The plans include Aviva’s ‘protection promise’. This provides free life cover during underwriting, up to £500,000. Life Insurance+ is available as level, decreasing or family income cover, with a number of flexible options including waiver of premium, increasing cover, renewal option and conversion to a whole of life policy. Life change benefit,…
read more »
November 2016 Royal London: CI
Royal London has made a number of changes to its existing CI product. These include: Cancer cover has been improved. Now, over 60 early stage cancers are covered and clarity has been improved by removing a long list of specified cancers. Royal London will pay a partial payment of the lower of 25% of the sum insured or £25,000 for either carcinoma in-situ (other) or for skin cancer. Other additional cover definitions are for: Coronary angioplasty to two or more coronary arteries. Central retinal artery or vein occlusion which results in permanent visual loss. The survival period for CI and…
read more »
November 2016 Bupa: iPMI
Bupa Global has introduced a new range of iPMI (international private medical insurance) products aimed at UK businesses with employees who work outside the UK. Called Business Health Plan, the range comprises four new products: Business Select, Business Premier, Business Elite and Business Ultimate. Tiered by cover and price, annual limits vary from £2m (Select) per member up to no overall limit for the Ultimate plan. All versions exclude treatment in the USA as standard, except for Ultimate, although US cover can be added at extra cost to any plan. The plans claim to offer all-round health protection for the…
read more »
