Impartial reviews on the latest products and how they can impact consumers.
November 2013 Bright Grey: IP
Bright Grey Income Cover for Sickness Bright Grey has revamped its income protection offering, moving to an own occupation only disability definition. In fact, there are two—the standard one and another that (if applied at underwriting stage) adopts that for the first year of the claim, then moves to failing three out of nine everyday tasks or having one of seven illnesses (blindness; cancer; complete dependency; deafness; dialysis; organic brain disease, and terminal illness). Bright Grey says it has also widened the number of occupations where it is prepared to offer own occ (adding 323 occupations). It says 95% of…
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September 2013 PruProtect: CI
PruProtect has updated its Serious Illness Cover (think of its as supercharged critical illness cover) and now claims to cover more cancers than any other insurer, as well as all heart attacks and strokes. The enhancements include: • Paying out on ALL diagnosed heart attacks and strokes regardless of clinical symptoms or severity. However, the payout will be 50%, 75% or 100% of the sum insured for heart attacks and 25%, 50, 75% or 100% for strokes on both the Comprehensive Cover and Primary Cover versions of the plan depending on severity. • Carcinomas in situ in all body areas…
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September 2013 Morgan Price International: iPMI
Morgan Price International’s Evolution Health is a new five level international private medical insurance (iPMI) plan. The five versions offer maximum annual benefits of: Standard (£500,000); Standard Plus (£750,000); Comprehensive (£1,000,000); Premium (£1,500,000), and Elite (£2,000,000). Plans are available in Sterling, US Dollar and Euro denominations but, unusually, limits are the same for each, giving maximum cover in £. Each of the plans covers most inpatient treatment on a full refund basis. The cheapest plan (Standard) excludes home nursing (the other plans fund from up to 3-26 weeks a year); psychiatric treatment; premature babies during their first two months, physiotherapy;…
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September 2013 IMG Europe: iPMI
IMG Europe’s GlobeHopper is a short term international travel and expatriate medical insurance plan for individuals, families and groups. The plan is available worldwide and covers trip durations from five days up to three years, as well as multi-trips of 30-45 days in a year. Cover can be written in £, $ or € and sums insured from $50K to $8m can be chosen. Available excesses range from nil to $25K. The plan offers a lot of flexibility, with a range of cover options and add-ons. Cover can be purchased after departure (or arrival) and can be extended if the…
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September 2013 Health Shield: HCP
Health Shield’s Connect is a direct to consumer health cash plan. Six different levels are available—Access, then Levels 1-5. The main maximum annual benefits for the Access and Level 5 versions are: Access Level 5 Dental – 100% of cost up to £30 £285 Optical – 100% of cost up to £30 £285 Chiropody – 80% of cost up to £30 £285 Prescriptions Max 1 Max 5 Hospital per day/night (max 25) £10 £110 Parental hosp stay (max 25 days/nights) £5 £55 Specialist consultations – 80% of cost to £60 £600 Health and wellbeing – 80% of cost up to…
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