Impartial reviews on the latest products and how they can impact consumers.
August 2015 CS Healthcare: PMI
HealthBridge is a budget private medical insurance (PMI) policy from the specialist mutual CS Healthcare. It is designed to bridge the gap between what the NHS offers and what people can afford to pay for PMI and, within an annual maximum benefit of £15,000, pays for: Consultations up to £1,000 a year. Diagnostic investigations, scans and tests. Pre-operative tests. Surgeons’ and anaesthetists’ fees. Surgery and theatre fees. Hospital accommodation, nursing and intensive care costs. Medical admissions and related services. Specialist fees for medical admission. Post-operative consultations, investigations, physiotherapy, tests and dressings. Up to £350 a year for outpatient therapies. Up…
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July 2015 Aegon: Menu
Aegon offers both personal and business protection and has introduced a number of changes to its multi-benefit propositions for both. The main changes apply to two of the key cover types: Critical illness cover: The heart attack definition has been simplified and it is now easier to claim. There is no longer a requirement for specified troponin levels. There is no longer a need for three months of continuous symptoms for multiple sclerosis. A new carcinoma in situ of the breast definition has been added, paying 25% of the sum insured up to a maximum of £25,000. This replaces the…
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July 2015 Canada Life: Term
Canada Life is the largest group life insurer in the UK and a major group risk player and it has introduced this new plan to consciously grow the group life market. To do that, the plan itself has been designed to offer simple cover that is cheap and easy to buy. The particular opportunity Canada Life is looking to capitalise on is pensions auto-enrolment, which is now up and running for larger firms and is currently being rolled out to SMEs too. So this plan offers simple to buy group life insurance for firms with 2-50 employees. Using the CLASS…
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June 2015 Aviva: CI
Aviva has introduced a range of positive changes to its existing critical illness plans. The changes include: Critical illness cover is now an option within the Family Income Cover plan. Maximum age at entry has been increased to 64 (previously 59) and total and permanent disability and waiver of premium are now available up to age 70. Maximum cover has been increased from, £2m to £3m (£2m with TPD). The maximum term is now 50 years. A slicker, quicker quote and apply system, called Aviva Life Protection Solution (ALPS). The Life Insurance Options policy includes life cover, life change benefit,…
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June 2015 Zurich: CI
Zurich has introduced more changes to its existing CI plans. The changes include two new additions to 100% conditions: Cardiac arrest. Pays the full sum insured when treated by a defibrillator. Corticobasal ganglionic degeneration; Diffuse Lewy body disease; Parkinsonism-Dementia-Amyotrophic. These three neurological conditions pay the full sum insured on a definite diagnosis with permanent impairment of motor function, eye movement disorder, postural instability or diagnosis of dementia. New additional payment conditions have been added too for: Brain abscess. Cerebral arteriovenous malformation. Liver resection. Lobectomy. Syringomelia or syringobulbia. Third degree burns – minimum 5% to body or 19% to face. Changes…
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