Impartial reviews on the latest products and how they can impact consumers.
December 2019 VitalityLife: CI
Vitality has introduced or is introducing a number of changes across its product range, and this review looks at the changes to the Serious Illness product. Amongst the changes are four new conditions: • Desmond-type fibromatosis. • Myasthenia gravis. • Necrotising fasciitis. • Severe sepsis. Changes have also been made to a number of conditions’ definitions, including: • Heart attack. • Carcinoma-in-situ. • Motor neurone disease. • Brain and spinal tumour. • Third degree burns. • Guillain-Barre Syndrome. • Children’s TPD. • Children’s cover. Included is a new children’s hospitalisation benefit (which pays £100 a day for 14 or more…
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December 2019 HSBC: Term
HSBC UK has launched Select and Cover, which is a new flexible insurance subscription service that offers between three and seven switchable covers within a single monthly subscription. The bank’s customers can choose a minimum of three of the following types of insurance: Mobile Phone;…
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November 2019 Cignpost: PMI
PDI is marketed by new provider Cignpost as an alternative to PMI. It effectively pays for diagnostics only, and has an overall annual plan limit per person of £5,000. The benefits provided by the plan include: • Outpatient or day case diagnostic investigations and consultations with a specialist: Full refund. • Of that, the therapeutic action limit is £500. • MRI, CT and PET scans: Full refund. For a full refund, the diagnostic investigation costs must be reasonable and customary and within any section or overall scheme limits. The plan excludes pre-existing conditions within the past five years (or ten…
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November 2019 Health Shield: HCP
Health Shield has announced a new strategic approach. This will focus on providing preventative preventative workplace health and wellbeing solutions for organisations of all sizes, but with a specific focus on helping SMEs. The move is part of a brand evolution and digital transformation being introduced from January 2020. A key element is Breeze, a digital platform available direct to employers and through intermediaries. Breeze brings together Health Shield’s physical, emotional and financial health and wellbeing services. Breeze aims to encourage employee self-care and employees can access the services from any digital device. They can book and manage appointments, access…
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November 2019 Guardian: CI
Guardian’s new plan is a combined life and critical illness (CI) cover plan designed to make having life and CI cover less expensive. There are also a number of enhancements made to the CI proposition for existing customers, including three new full pay-out conditions and improvements to children's CI cover. The new plan offers a single payout in the event of the customer's death or diagnosis of a critical or terminal illness. For existing customers, three new full payout conditions are added: gastro-intestinal stromal tumour, neuroendocrine tumours and ulcerative colitis. Guardian has also made improvements to a number of definitions…
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