Impartial reviews on the latest products and how they can impact consumers.
October 2010 Royal London: WL
Royal London 360º has added two new benefits to its whole of life international protection plan. Term benefits are now available up to age 80, up from the previous limit of 65. Long-term care is also now a standard feature and will be added to all existing policies, increasing the level of cover at no extra cost. Under this benefit, if the customer needs day to day care on a long term basis they can claim the critical illness lump sum to help pay for their long term care costs. The plan pays up to $7.5m (or other currency equivalent)…
read more »
October 2010 Engage Mutual: HCP
Harrogate based Engage Mutual, part of Homeowners Friendly, has streamlined its health cash plan to offer three levels of cover and a range of benefits. Cover is European Community wide, as long as the customer is travelling for business or pleasure up to 28 days a year. There is a 24 months initial period before the life assurance benefit comes into effect. Children get limited dental and optical benefits only. They get up to £50 a year for each of dental and optical costs, with the pot split between all eligible children. The full benefits are: Benefit Cash back amount…
read more »
October 2010 Bupa: PMI
Bupa has introduced a number of changes to its Heartbeat PMI plans and launched a new version (Select 3 Plus), which sits between its existing levels 2 and 3, offering flexible pricing and underwriting. The new plan covers: • All in-patient and day-patient charges, including radio/chemotherapy and diagnostic tests in a Bupa Heartbeat (network) hospital. • Up to £1,000 a year for out-patient consultations, diagnostic tests, scans, and physiotherapy (and other therapies) combined. Radio/chemotherapy is also covered as an out-patient. • Private ambulance up to £60 per trip is included, as is parent accommodation with child under age 12. •…
read more »
September 2010 Pulse: Menu | Term
Pulse specialises in ‘helping people that have been turned down by other insurance providers’. This policy, which is underwritten at Lloyd’s, is a ten year term assurance policy and is available to UK citizens. The plan is targeted at people with HIV and offers up to £200,000 of accidental death cover (other options are £10K, £50K, £100K and £150K) and either £10,000 or £25,000 of life cover. Pulse says that, crucially, it does not require a doctor’s report or for the applicant to undergo a medical examination and adds that there are currently around 83,000 people living with HIV in…
read more »
September 2010 Saga: WL
Saga’s new plan is underwritten by PruProtect and is a guaranteed life insurance policy for those aged between 50 and 85 living in the UK. Premiums are fixed for life at outset, as is the sum assured. On death within the first year, all premiums are returned but the full sum assured is payable after one year (compared to two years on many similar plans) or on accidental death at any time. Acceptance is guaranteed regardless of health and, on acceptance, customers also get a £20 Marks & Spencer voucher. If the sum assured is used to pay for a…
read more »
