Impartial reviews on the latest products and how they can impact consumers.
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…
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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…
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October 2020 VitalityLife: CI
VitalityLife has amalgamated its previous Life, Life Essentials and Mortgage Plans into one product, called the Personal Protection Plan. It is available from 3 October 2020. The new plan can include serious illness cover (SIC), term life, whole of life and income protection covers within the plan. Cover and other changes include: The previous SIC Protector option is now called Mortgage SIC. Child SIC is optional, with conditions mirroring the parents’ plan. Cover can be from £15,000 to £100,000 when the plan is taken out and is available as level or decreasing cover. Cover is on the same basis as…
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October 2020 Zurich: CI
This review is actually of changes made by Zurich that somehow missed our usual update. The Platform was launched in 2018 and included changes across Zurich’s range of protection products: Personal Protection (Life, Life & CI) Income Protection Whole of Life Business Protection (Life, Life & CI) Business Whole of Life Relevant Life. In addition, Zurich also offers Multi-Fracture Cover, which can be added to Personal Protection and Income Protection policies. Focusing on Personal Protection, and the top of the range Life Cover and Critical Illness Select plan, this offers cover for: …
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October 2020 Aviva: CI
Aviva has made changes to its Critical Illness+ and Life Insurance+ with Critical Illness products for new business, in a move which it says will make it easier and quicker for advisers to explain their features to their clients. The changes include merging definitions where the conditions and the criteria for a claim align, presenting the critical illness (CI) definitions in clear, logical groupings and equipping advisers with streamlined materials to aid their protection conversations. The changes include: Merging the traumatic brain injury and brain injury due to anoxia/hypoxia definitions into one single brain injury definition (brain injury due to…
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