Impartial reviews on the latest products and how they can impact consumers.
June 2019 InsureWithMax: Other
We reviewed this plan in February 2016. Since then two changes have been made: · The minimum premium has been cut from £120 to £49.50. Alternatively, customers on a budget can pay an initial payment of £8.25, followed by 11 monthly payments of £3.75 (again totalling £49.50). · The policy is now offered by Riverside Underwriting (trading as InsureWithMax.com) and is underwritten by Vibe Syndicate Management Limited on behalf of Syndicate 5678, which trades with the Lloyd’s of London rating of A+. For children aged three and five, a £5,000 a month benefit payable for up to 12 months would…
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May 2019 Royal London: IP
Royal London (RL) has introduced a new five year payment option on its existing Income Protection plan. The five year payment period option is aimed at customers who either don’t want or can’t afford a full term payment period, but want cover which is more comprehensive than the shorter payment periods it has offered. The new five year payment period option is in addition to the RL’s current options of one year, two years and full term. Other features of the plan include a range of deferred periods; cover up to 65% of the first £15,000, and up to 55%…
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May 2019 AXA Global Healthcare: iPMI
AXA – Global Healthcare’s new Foundation cover level is a new cover level choice on top of its existing iPMI proposition. The plan is available to expats and travellers of all ages, and is designed to offer essential cover to those who want at least basic medical cover in place when living abroad. The budget-friendly option provides personal customers with an essential level of cover. This includes inpatient treatment, cancer treatment and emergency evacuation and repatriation. The plan can also be used to supplement an existing local health plan, giving customers whose home countries may lack the facilities required to…
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May 2019 Paycare: HCP
Paycare Protect is the Wolverhampton based health cash plan provider’s new entry-level plan. It aims to help businesses support employees’ mental, physical and financial wellbeing. Available to businesses employing over 20 employees, the plan costs around £1 a week (£4.18 a month) for each employee. Benefits include 100% cashback on dental (max £50pa), optical (£50), chiropody and professional therapy bills, including physiotherapy, hypnotherapy and chiropractic (max £125pa). Protect also pays up to £150 for specialist consultations and tests, £55 for a health screen and includes an online Lifestyle Assessment. Redundancy Premium Protection for six months is included, as is free…
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May 2019 G & M International: Other
G&M International has launched worldwide Accident & Health cover, providing insurance solutions for a wide range of professions, including what it calls distressed occupations such as surgeons, fire fighters, expatriates and professional sports. Large groups, expats, doctors and attorneys can also be covered. The solutions could appeal to organisations such as brokers and life insurers that want to offer GI style benefits too. Cover options include: · Temporary disability, caused by accident and/or sickness. · Permanent disability, caused by accident and/or sickness. · Accidental death. · Medical expenses (including evacuation and repatriation). · Kidnap and ransom. · Travel. · Life…
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