September 2022 Holloway Friendly: IP
Specialist income protection provider Holloway Friendly now offers its members the ability to pause their insurance and payments for up to six months, in response to the cost-of-living crisis. The option is available to members who’ve had their insurance for at least three months. Holloway, which says it introduced a similar payment break option during the Covid pandemic for members experiencing financial difficulties, has also introduced a member support fund. It will use this, at its discretion, where it identifies members who might benefit from some financial help. The third change is that all remaining Covid exclusions have now been…
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September 2022 Bupa: Dental
From 1 September 2022, Bupa has introduced a range of improvements to its group dental insurance schemes including: Access to oral cancer care from the start of the policy with no wait period, cover for hospital dental treatment, and unlimited oral cancer treatment when using a fee-assured consultant in a partnership facility. Bupa says it is the only UK insurer to currently offer this. Covering all clinically necessary restorative dental treatment up to benefit limits. Covering hospital dental treatment up to benefit limits. A separate fillings and root canal benefit on Dental Plan so employees can now claim more cash-back…
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September 2022 British Friendly Society: IP
Income protection specialist British Friendly has introduced the option of level guaranteed premiums on its short and long-term income protection plan Protect. This is in addition to its existing age-costed guaranteed premium plan. The mutual’s list of changes includes: Under the level guaranteed premium option, premiums are fixed throughout the policy term unless the customer selects the indexation option, when cover rises in line with increases in inflation. A new benefit guarantee on Protect pays up to £1,500 a month. This can especially help customers who experience a genuine drop in income prior to making a claim. New sick pay…
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July 2022 Royal London: Other
We reviewed Underwrite Later back in February 2021, when it just applied to business protection applications. Now, the mutual insurer has extended the Underwrite Later option to include life cover on personal menu plans too, provided they have a sum insured of over £1m and not exceeding £3.5m, and on Whole of Life (WOL) plans over £0.5m and up to £3.5m. The added option also applies to joint life policies, provided both lives are eligible. Introduced in 2021, Underwrite Later allows customers to get cover while medical evidence is being obtained. During the underwriting period, Royal London will lock in…
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July 2022 National Friendly: PMI
National Friendly has launched a private medical insurance (PMI) plan aimed at UK residents aged 18-85 inclusive. Cover is available to singles, couples and families. Terms are offered for five years at a time, but with annual premium reviews. The Extensive plan offers a choice of guided treatment (open referral) or choosing your own provider (with standard or extended treatment options). The main benefits of the plan include cover for: Private hospital inpatient and daypatient costs. Medical appliances or prostheses. Follow-ups and monitoring. Dental procedures. Specified hospital treatments only. Optical procedures. Specified hospital treatments only. Aural procedures. Repair of a…
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July 2022 Royal London: CI
Royal London has made a number of changes to the critical illness (CI) element of its Life or Critical Illness Cover plan. These include new and updated definitions, including changes to children enhanced critical illness cover. Two new conditions have been added - Crohn's Disease and Syringomelia/Syringobulbia – both of which have a 100% payout. In addition, five conditions have been enhanced and these also pay out the full sum insured. The five are: bacterial meningitis; chronic lung disease; coma; deafness, and third degree burns. Additional payment conditions pay out the lower of £30,000 or 50% of sum insured, and…
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March 2022 Holloway Friendly: IP
Holloway Friendly has launched My Sick Pay to replace its existing Purely, Short Term Income Protection and one2protect income protection plans. The mutual says it developed My Sick Pay to simplify its proposition from multiple products into one, making it easier for advisers to understand and advise on. It added that advisers wanted consistent options across all job types to help them set up the right cover at the right price. That meant closing some significant gaps in the plans. My Sick Pay offers a choice of level or age-based prices, short or long term pay-outs, and guaranteed or reviewable…
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March 2022 LV=: CI
LV= has launched a new version of its Life and Critical Illness cover plan, offering greater affordability and simplification compared to its existing coverage. Simply called Life and Critical Illness Cover, the plan sits alongside its existing life and CI product, and has been designed to offer a more affordable option. The new product covers a total of 41 conditions, with full payouts offered for 39 of those plus two further payment conditions for early-stage breast cancer and prostate cancer. These offer cover up to £30,000 or 25% of the amount of cover if lower. The plan also includes ‘Enhanced…
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March 2022 LV=: IP
LV’s Mortgage and Rent Cover plan is designed to protect customers’ monthly mortgage or rental payments should they be unable to work due to illness or injury. Cover is based on the customer’s monthly mortgage or rental payment and up to 100% of that can be insured. The minimum amount of cover available is £100 and the maximum is £2,000 a month. Premiums are level and guaranteed throughout the policy’s term and an own occupation definition applies. There is also a waiver of premium option. Waiting periods of 1, 2, 3 and 6 months are available. Maximum benefit period is…
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March 2022 Zurich: CI
Zurich has launched a standalone critical illness (CI) cover option for customers who do not want a CI product combined with life insurance. The insurer has also widened its Total Permanent Disability (TPD) definition, now offers standard rates for customers with some mental health conditions and has improved the wording around mental health conditions on its applications. On the new plan, both core and select levels of critical illness cover are available, providing different breadths of cover, with Select having more specified conditions. In effect, the new option allows customers to choose whether to have life cover or not, with…
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January 2022 British Friendly Society: IP
British Friendly has announced a series of changes to its Protect and Breathing Space income protection products. All IP occupations are now underwritten upfront, so customers who change occupation during the term of the policy no longer have to be underwritten again. Customers can now opt for claim benefits to be paid directly to their mortgage provider, so avoiding any impact on Universal Credit means-tested benefits. GP and UK residency criteria has been reduced from three to two years too. Two new Guaranteed Insurability Options have been introduced, and cover rental and salary increases. In fact, the Guaranteed Insurability Options…
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January 2022 WPA: Other
WPA’s new LifeStage Health corporate healthcare product enables employers to facilitate access to expert healthcare to support women throughout the events that happen naturally and predictably during the course of their lives. Raising awareness and knowledge gives personalised insights to increase wellbeing and helps prevent those conditions that are avoidable. It recognises that for some, these different life stages can lead to physical and mental challenges that impact their wellbeing, their families and their careers. The plan recognises three particular life stages in women’s lives: Managing periods and fertility preparation. The reproductive years. Menopause support. Pathway benefits up to an…
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January 2022 Unum: Other
Unum has updated and extended its Corporate Optical Insurance Plan, which now includes: Immediate eligibility to claim for eye tests, lenses and frames paid for after the policy start date. Covering more everyday optical expenses. The freedom to visit any optician and buy frames and lenses from any provider, anywhere. A simple, online claims management portal to speed up reimbursements. A one-off benefit of £10,000 in the event of loss of sight as a result of an accident. Flexible cover on both an employer and employee-funded basis. Solutions to fit companies of all sizes and a range…
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January 2022 WPA: PMI
WPA has launched a new comprehensive health insurance product for corporates with 150-999 employees. The insurer says Absolute Health has been designed for mid-to-large employers that want to offer benefits which help them deliver their corporate healthcare strategy and objectives. It is a fully insured claims rated product that includes profit share optionality, as well as pathways for musculoskeletal, mental health and cancer as standard. Claims on the product can be made via WPA's Health App with access to the insurer's Precision Analytics platform also included. Key elements include: The plan has been designed to be flexible, whilst maintaining a…
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January 2022 MetLife: Other
MetLife has enhanced its EverydayProtect plan, offering flexible protection tailored to suit customers’ changing lifestyles and is particularly suited to self-employed, families and individuals with active lifestyles. EverdayProtect is designed to complement more traditional protection and covers broken bones, hospital stays and unexpected accidents. Cover is affordable and customers can also add additional extras such as Child Cover (which covers children up to age 18 or to 23 if in education, an unpaid traineeship/apprenticeship or with dependency on the policyholder due to mental and/or physical disability) from just £1 a month. MetLife says one of the key enhancements is enabling…
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January 2022 National Friendly: IP
National Friendly has launched a full income protection policy, complementing its recently launched Accident Only Income Protection policy. The insurer says the new plan means a choice for clients seeking income protection, with the accident only version offering no medical underwriting, and appealing to those with pre-existing medical conditions who may not be able to secure full IP cover. The new full policy has a commonsense underwriting approach, National Friendly says, which allows cover for well-controlled Type 2 diabetes, and the opportunity for a slick straight through application process, which it says is unique to the market. The policy includes…
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August 2021 Unisure: Group life
Unisure has set up its UK Group Life division and entered the UK protection market with the launch of a group life insurance product, with the group CEO saying there were substantial opportunities for uptake. The company has also joined trade body GRiD (Group Risk Development). The group life plan has a minimum scheme size of three lives and no maximum, and is available through advisers only. The plan went live on 1 June and is underwritten by Allianz. More information is available by requesting a quote online. Unisure says it can also offer keyperson and shareholder protection cover and…
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August 2021 AIG Life: GCI
AIG Life has unveiled its new group critical illness (CI) insurance proposition, which has consolidated the conditions covered into 27 broader conditions across eight groupings. AIG previously said it had ‘checked out’ of the critical illness conditions race on its individual plans with the introduction of umbrella headings incorporating more than 20 conditions. Now, under the new group CI proposition, there are now eight headings, which focus on specific surgeries or on the impact on daily life for employees, rather than on the name of the illness. The headings are: Degenerative neurological disorder. Reduced heart function. Surgery to the heart,…
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August 2021 The Exeter: IP
The Exeter has launched Income First, a new income protection product combining its existing Income One and Pure Protection products. Income First has been designed to simplify the income protection journey for advisers and customers, offering cover across a wide range of occupations from office-based professionals through to manual workers and skilled trades. In response to feedback from advisers, there is now a level guaranteed premium option across all occupation classes, although age-costed options are still available too. The need for medical evidence at the underwriting stage has been reduced with improved non-medical limits. Now, medical evidence as standard is…
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August 2021 Legal & General: Other
Legal & General (L&G) has launched a package of health and wellbeing benefits available as an optional extra to add to its core protection products. The Umbrella Benefits package can be added to life, critical illness, income protection or rental policies and features a choice of health and wellbeing benefits, including cover for accidental injuries and private medical consultations, plus cover for accidental injuries and private medical consultations. Fracture Cover is an annually renewable contract that encompasses 31 different injuries - 20 different fractures, nine different joint dislocations, Achilles tendon ruptures and knee ligament tears. Multiple claims can be made…
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June 2021 National Friendly: IP
National Friendly has launched a budget long term income protection plan that only pays out if the customer is unable to work due to an accident. Key features include: The main benefit can be set between £500 and £6,000 a month, up to a maximum of 70% of earnings. To claim, the customer must be medically certified as unable to carry out the main duties of their occupation. They also need to be receiving medical care during their claim and not be working in any other occupation. Customers must usually be working at least 16 hours a week (but see…
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June 2021 William Russell: Term
William Russell has offered its International Life Insurance policy for expats and their families, around the world since 1992. Since we reviewed the plan in 2018, some changes have been made, so this update covers the plan as it is today (June 2021). The plan pays out up to US$2m should the customer die or be diagnosed with a terminal illness with a prognosis of less than 12 months. The life plans are international, and cover life, work and travel abroad. Optional accident benefit is also available. The application form can be completed digitally and there is often no need…
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June 2021 UnitedHealthcare: iPMI
UnitedHealthcare Global has launched a range of expat insurance plans into the Netherlands to give local businesses access to internationally recognised health, wellness, assistance and security programmes. The provider has a Central Bank of Ireland license to conduct business across European Economic Area (EEA) countries on a freedom of services basis. The Netherlands was chosen as the next market for European expansion, to support the high number of globally mobile families based in the Netherlands, and will also give the large number of Dutch employees being sent on assignments abroad access to comprehensive health and wellbeing coverage. BeHealthy expatriate insurance…
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March 2021 Legal & General: Other
A Care Concierge service has been launched by Legal & General to educate employees about care procedures and help them find an appropriate care package for family members who may need later life support, such as a residential or nursing home, or funding and advice. As part of the new service, a dedicated online hub has been set up to help users navigate their way through the care journey and provide advice around a number of key issues, including housing, means testing, care provision and funding. Delivered by L&G's Health & Care team, the Care Concierge service is available to…
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March 2021 Zurich: Apps & Technology
Zurich Life has introduced a new pre-app underwriting tool to give advisers greater certainty regarding life underwriting decisions. The new tool: Is designed to cover 90% of all pre-app enquiries Zurich previously received by phone. Allows advisers to gain an indicative decision without needing to call a pre-app line, so saving time and speeding up the application process. Is fully integrated with Zurich’s underwriting rules engine, meaning decisions are accurate and always up-to-date. Generates decisions on a range of products and benefits, not just the ones selected, so helping to provide more protection options for clients. Each pre-app case is…
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March 2021 MetLife: Other
MetLife’s revised MultiProtect plan is a multi-benefit policy with premiums starting at £8 and going up to £40 a month. Its Core Cover element pays out: Up to £3,750 for broken bones (on a severity scale). Accidental death benefit up to £200,000. Total permanent disability cover up to £250,000. Accidental permanent injury benefit up to £250,000. Up to £250 a night for each 24 hour period spent in hospital (max 90 days). Cover for UK hospital stays due to accidents is from the policy start date. Cover for UK hospital stays due to sickness kicks in once the policy has…
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March 2021 Holloway Friendly: IP
Holloway Friendly has launched a new income protection product aimed at low-risk occupations, as part of a strategy to diversify its product portfolio. Actually, it replaces an old product of the same name but think if it as a new BMW 3 series with new engine options. One2protect is aimed at employees in occupational classes 1 and 2, including office workers, estate agents, accountants, solicitors and beauticians, among others, and includes six variants to facilitate tailored solutions for individual client needs. The revised plan offers both ‘Level' and ‘Age Costed' options, and benefit payout periods of one year, two years…
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February 2021 Royal London: Other
Royal London’s new Underwrite Later option allows business protection cases to start straight away, while the insurer then goes about deciding what medical information it needs, gets it and then underwrites fully. The option is available on the insurer’s Business Menu and Relevant Life Plans but only applies to life cover. The insurer estimates it can almost double the number of business applications that can start immediately, from 49% to 93%. For comparison, the figure for personal protection application is that around 80% go straight through. Moreover, there are no automatic exclusions such as pre-existing conditions, travel and hazardous pursuits,…
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February 2021 Aviva: PMI
Available from March 2021 as part of its Healthier Solutions and Solutions cover, Aviva’s Expert Select option is a guided hospital option for individuals and SMEs, following its successful introduction for corporate customers last year. Aviva says it gives access to a nationwide choice of hospitals selected based on its clinical governance framework, alongside external clinical ratings from the Care Quality Commission and Health Improvement Scotland. When claiming by phone, a claim consultant will assess the customer's needs and provide a choice of hospitals and specialists - on average three or four. Information is provided to help the customer decide…
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February 2021 MetLife: IP
MetLife has launched a new income protection plan (through a select panel of intermediaries only at this stage) that covers some or all mortgage payments - up to a maximum of £1,500 per month - for up to 12 or 24 months. Premiums are based on age, policy term, smoker status and BMI (body mass index). MortgageSafe is available to new or old homeowners, and offers a choice of three levels of cover: Core. Accident only cover; pays up to 12 months. Essential12. Adds illness cover too; max 12 months’ benefit. Essential24. As Essential12 but maximum 24 month benefit period.…
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January 2021 April International: iPMI
April International Care has announced a number of improvements to its MyHEALTH Hong Kong private international health insurance (iPMI) policy range, and in particular to its Elite module. The changes took effect from the start of December 2020. The annual limit for the Elite module for in-hospital care has been increased from US $3.0 million to $4.5 million and a near doubling of check-up and vaccination cover has been added, giving a total benefit for this now of US $2,000, with no change to policy premiums. In addition, new adult and child health benefits have been added, and are now…
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January 2021 Aviva: PMI
Aviva has updated its Solutions and Healthier Solutions products. Solutions is private medical insurance (PMI) for SMEs, while Healthier Solutions is designed for individual clients. From 1 March 2021 a number of enhancements, plus a number of other improvements, will be applied to these products, along with other changes, including the removal of emergency overseas benefit. Full details are set out in two Product Changes guides but include: Expert Select is a new open referral hospital option included in Solutions and Healthier Solutions. It provides a simpler, supported claims journey, and the choice of a number of Aviva quality-approved facilities…
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January 2021 Legal & General: GIP
In partnership with FinTech firm Salary Finance, Legal & General Insurance has launched Protect, a mobile-first, group risk insurance solution which the insurer says will revolutionise employee engagement. Aimed at businesses with 500+ employees, Protect is based around the kind of digital experience employees are used to in their day-to-day lives. The insurer says it offers an engaging solution that responds to unmet needs, extending group life cover, income protection and critical illness cover to entire workforces at no extra cost for the employer. Employees can dial up and dial down cover across the three protection products, allowing a level…
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November 2020 AIG Life: CI
AIG Life has updated its existing critical illness plans, with two developments in particular being worthy of note. First, it has grouped more than 20 conditions under just four broad headings. These focus on specific surgeries or on the impact on daily life for customers, not on the name of the illness. If the impact is the same, the customer will be covered - whatever the name of the condition. The headings are: Degenerative neurological disorder. Reduced heart function. Surgery to the heart, aorta or pulmonary artery. Surgery via the skull. Individual definitions remain but AIG says this approach is…
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November 2020 HSBC: CI
HSBC has made a number of changes to its existing two product critical illness plans - Core Critical Illness and Critical Illness Plus. The most changes are on the Critical Illness Plus version. The Core plan now has 38 named 100% or full conditions and includes two additional payment conditions - less advanced cancer of the breast or prostate. These pay out the lower of £25K or 25% of the sum insured on diagnosis. Critical Illness Plus has an additional 11 specified 100% conditions and 37 additional payment conditions, which pay the lower of £50K or 50% of the sum…
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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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August 2020 LV=: CI
LV= has introduced an option to now take out Life and Critical Illness insurance with Enhanced Children’s Cover. The option includes child specific conditions, payments for pregnancy complications and increased payout levels. These are: Cover for an additional ten child-specific conditions more likely to occur during birth or early infancy, including Type 1 diabetes, cerebral palsy and Down’s syndrome. This brings the total number of conditions to 95 for children. £5,000 payment if the life insured is diagnosed with one of six pregnancy-related complications including stillbirth. Increased children’s payouts - 50% of the parent’s cover, up to an increased maximum…
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August 2020 VitalityLife: Other
Aimed at organisations with 1,000 plus employees, Vitality’s new at Work Enterprise plan has been launched to help large businesses support the wellbeing of their employees working at home, in offices and on site. The plan includes access to: Vitality Age. This is a measure of whether an employee is ‘older’ or ‘younger’ than their biological age, based on health and lifestyle risk factors. Vitality Healthcheck. 50-81% discounts on healthchecks. 40% gym discount at Virgin and Nuffield Health gyms. Activity tracker discounts. Healthy mid: 30% discount and up to six points a week. Discounts deals and vouchers at a range…
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August 2020 Kingsbridge: PMI
Broker Kingsbridge has partnered with Equipsme to launch an affordable healthcare insurance product for the self-employed business owner. Equipsme provides affordable health insurance plans, underwritten by AXA PPP healthcare Limited, for self-employed businesses and companies with two or more employees. Kingsbridge offers a range of specialist business insurance products for contractors. This insurance cover is priced at a flat rate for ages 16-59, and customers can add a partner and up to six children to the plan. There are no medical questions when taking out the cover but conditions that existed in the three years before cover starts instead are…
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August 2020 Bupa: Other
Bupa’s From Home service is a remote range of health services, designed to help people access healthcare services from their home. The service includes: Fast support for cancer, mental health and MSK. Bupa’s Direct Access team can assess a customer’s symptoms to provide fast reassurance or refer on to a specialist, often without needing to see a GP first. See a GP from home. Access to expert advice, diagnosis and prescriptions 24/7 through a video GP service, in partnership with Babylon. Talk to a nurse 24/7. Customers call the Anytime HealthLine for general health and wellbeing advice. Remote consultant appointments.…
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July 2020 Medicash: HCP
Medicash has launched a skin cancer detection app in partnership with SkinVision. Available free to customers on its company paid health cash plan, the SkinVision app claims to detect 95% of all skin cancers. The app provides an instant risk assessment, plus advice on what to do next, including seeing a doctor if needed. The app also allows users to store photos to keep track of changes over time, so helping them and their GP to monitor any changes over time. Users have access to an unlimited number of tests, which could be worth over £45 a year. The SkinVision…
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July 2020 Pulse: Term
Pulse Insurance was established in 1998 and helps insure people usually declined for life insurance and other covers by other insurers. Pulse usually works directly with a specialist underwriter at Lloyd’s and/or with FCA regulated UK insurers. This cover for individuals has been developed with boutique Liechtenstein life insurer Quantum Leben AG. Maximum term is ten years and maximum cover is usually up to £790,000 (€890,000). The plan is initially targeted at individuals unable to obtain cover from the standard market due to their health issues. Pulse is also offering dedicated cover for potentially exempt transfers and gift inter vivos…
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July 2020 Legal & General: CI
Legal & General (L&G) has added a number of new support services to its group critical illness (CI) cover products. The enhancements are available at no extra cost and are provided through L&G’s partnership with healthcare services provider MEDIGO. The new add-ons are: A second medical opinion. Insured employees and their immediate family members can get their diagnosis and/or treatment for almost any condition reviewed by leading medical experts. A specialist doctor (or a team of specialist doctors) from a leading medical institution with expertise in the diagnosis and treatment of the specific disease will either confirm the diagnosis and/or…
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June 2020 Aetna International: iPMI
Aetna International has partnered with Wysa – to offer a free mental health wellbeing app to its international medical insurance customers. Launched during the Covid-19 crisis, the timing is particularly appropriate, as people struggle to deal with new situations and do so without the support of traditional non-distancing help. The app is on top of recently enhanced member resources including the virtual health offering vHealth and the Aetna EAP (employee assistance programme). Wysa offers four key benefits: An AI driven bot (programmed by therapists and learned from over 1.5m global users), which provides natural language conversational mental wellbeing support 24/7.…
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May 2020 Integra Global : iPMI
Underwritten by MGEN, with claims administered by Medical Administrators International (MAI), Integra Global has launched two new international health plans (iPMI). Both are available for individuals and for groups. The basic plan, InCare Life, includes comprehensive hospitalisation and rehabilitation benefits, plus 24/7 emergency medical assistance, life cover and mental health benefits. The maximum annual and lifetime benefit is $1m. The higher priced InCare Premier has a greater overall policy limit ($1.25m a year and $2.5m lifetime), plus private room cover and increased accidental death and dismemberment cover. On both plans the focus is on in and daypatient cover, consequently neither…
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May 2020 Aegon: IP
Aegon UK has updated its income protection proposition and the main change is a new two year option on its personal and executive income protection plans. In addition, the insurer has improved the personal IP replacement ratio from a flat 55% to a tiered ratio based on income. There is a lump sum death payment of £5,000 now on personal IP plans too. Accidental death benefit is available on all personal benefits (except gift inter vivos). On business benefits that include IP (except key person and executive), it is increased from £250,000 to £300,000 and from 60 days to 90…
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April 2020 BHSF: Other
BHSF’s new Rise plan is an employee assistance programme (EAP) that offers personalised, on-demand and proactive advice and support from a range of expert mental health, financial and legal providers. The plan provides: • A 24/7 counselling and advice line. • 24/7 phone access to personal legal information and support, provided by Irwin Mitchell. • Face to face counselling. • 24/7 health and wellbeing advice and support. • 24/7 phone access to personal financial and debt information and support, provided by Auriga. • Your Care Support – support for carers, provided by Tutella. • Brain and Spine Foundation advisory service.…
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April 2020 VitalityHealth: Other
VitalityHealth’s new Vitality at Work plan offers small to medium sized businesses (SMEs) a wellness programme that can cover all employees, giving them a range of key health benefits in a cost-effective way. Employers can therefore extend preventative healthcare services and outcomes information to their entire workforce, not just those covered by PMI. Vitality says the aim is to support employers addressing leading causes of absence and helping them to support employees who want to live healthier lifestyles. The plan gives fast access to a private virtual GP, physiotherapy services and a range of mental health support and treatment. It…
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April 2020 Royal London: CI
Royal London has made a number of changes to its CI plan, after a last major update just over a year ago (reviewed January 2019). The changes include: • Adding one new condition – removal of an eyeball. • Removing AIDS/HIV as a condition (as have many CI insurers now). • The following new additional payment conditions have been added: - Carotid artery stenosis. - Cerebral or spinal aneurysm. - Cerebral or spinal arteriovenous malformation. - Non-malignant tumour of the pituitary gland. • Changes have been made to the following existing condition definitions: - Accidental hospitalisation. Removal of the drug…
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March 2020 April International: iPMI
APRIL International Care has announced a number of changes to its onshore MyHEALTH Hong Kong private international health insurance policy range. The changes apply to all its APRIL International Care products, including individual, family and small to medium enterprise cover. The out of area cover limit has been doubled to $100,000 and a raft of new areas of medical treatment have been added across selected plans. They include cutting edge technologies such as stem cell treatment on Extensive and Elite Hospital and Surgery plans, whilst hormone replacement, psychologist costs and check-ups and vaccinations are now covered across more plan levels.…
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March 2020 AXA PPP healthcare: PMI
Business Health from AXA PPP healthcare enables SME firms to build their healthcare cover from scratch, mixing and matching the benefits they want, to meet their business’ needs. This also gives them good control over cost. The plan includes the following benefits that can be chosen: • Diagnostics Only. This covers scans, diagnostic tests and surgery, plus up to two consultations a year. • Treatment. Pays for hospital/surgical costs and cancer care. • Out-patient. Offers two, four or ‘no yearly limit’ for consultations with a specialist. • Therapies. Covers physiotherapy, osteopathy and chiropractic. • Mental Health. Gives access to AXA…
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March 2020 Aviva: Term
Aviva has added Simple Life Insurance as a ‘no frills’ alternative to its Life Insurance+ policy. The term insurance plan is available to customers 18-59 at outset, and can run to age 70, and has a minimum term of one year. It is available with level or decreasing cover (using an interest rate between 4% and 15%, chosen at outset) making it ideal for covering most repayment mortgages. Premiums are guaranteed throughout the term and start at £3.50 a month. Terminal illness cover (where death is expected within 12 months) is automatically included. The streamlined online application process allows customers…
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March 2020 One Family: WL
OneFamily has introduced a number of changes to its Over 50s plan, which now offers: • A whole of life plan with guaranteed acceptance. • Guaranteed premiums that cease at age 90. • Funeral funding is built-in, with an opt-out option. On death the benefit is paid direct to Golden Charter, which adds a £300 contribution to the policy if one of its chosen providers is used. Any balance above the actual funeral cost is returned to the customer’s estate. • Serious illness cover pays 20% of the sum insured in the event of a serious illness diagnosis, provided the…
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February 2020 Scottish Widows: CI
On its Protect menu protection plan, Scottish Widows has introduced a number of changes to the critical illness element. These include: • Simplification. There are now 40 (down from 49) conditions covered. However this has been achieved by combining similar definitions. So, 16 previous definitions have been cut to just five, even though cover is now wider, with some conditions such as heart failure, having been added. • The top ten conditions account for 96.3% of Scottish Widows’ claims, so it has widened some key definitions, concentrating on the two most common claims - for cancer and heart. • A…
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February 2020 LV=: CI
LV= has introduced a number of changes to its CI policies. In total, some 87 conditions are covered, although that is not the full story. There are now 49 rather than 44 full payment conditions, although some previous conditions have been combined. The new conditions covered are: • Brain abscess. • Brain injury due to trauma, anoxia or hypoxia (the old definition but expanded). • Crohn’s disease. • Heart failure. • Severe mental health. • Severe sepsis. • Spinal stroke. • Syringomyelia or syringobulbia. • Ulcerative colitis. Also, nine new additional payment conditions have been added: • Aortic aneurysm. • …
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February 2020 Generali: Other
Generali UK Employee Benefits has enhanced its employee assistance programme (EAP) package in ways it says dispel the industry notion that embedded EAPs within products, such as group risk or health insurance offerings, represent a poor imitation of standalone versions. Now, its group income protection (GIP) customers - and employees – can get 24/7 access to work and life support services at no extra cost from LifeWorks, through a simple app. Generali - LifeWorks Core services now include: More ways to access expert counselling support. Now in addition to telephonic counselling and self-referral for up to six face-to-face sessions per…
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February 2020 National Friendly: Later Life
Through a partnership with Eldercare Solutions, the Long Term Care Annuity is a long term care insurance policy underwritten by National Friendly. In exchange for a single lump sum upfront, the plan pays a monthly income towards the customer’s care fees for the rest of their life. The cost will depend on the income they want to get each month (usually, the difference between the cost of care and the customer’s income from all sources, including pensions, savings and State benefits), their age, state of health and life expectancy. If paid direct to the care provider, benefits are tax free.…
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January 2020 VitalityLife: Later Life
There are two elements to what Vitality is now offering for those looking for some cover to help with care and care fees when they are older. First, is a Plus version of the Dementia and Frail Care Cover (DFCC) option, which was launched in 2018. The option gives customers the opportunity to convert their Serious Illness Cover (SIC) plan later to provide a cash lump sum if they need long term care – or rather are diagnosed as having dementia or becoming frail. The original option cuts the sum insured to half but is free to exercise and cover…
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January 2020 April International: iPMI
April International has added a new option to its MyHEALTH international private medical insurance (iPMI) plan for Singapore. The new offering forms part of April’s established MyHEALTH Business Range and is aimed at the group and SME iPMI markets. The new Core option offers companies international cover for hospital and outpatient employee benefits, and April says means that businesses can now afford to extend international health coverage for junior staff members too. Employees are covered worldwide for accidents while, for planned hospital treatments, they can access a wide variety of private hospitals in Hong Kong or Singapore operating within April…
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January 2020 Aviva: IP
Aviva has simplified the benefit formula under its Income Protection+ policy. The new formula also means most customers can have more cover than before too. Customers can now insure up to 65% of the first £60K of their gross earnings, plus 45% of their gross earnings above £60K. The previous maximum was 65% of the first £10k, plus 55% of income between £10K and £90k, plus 45% of any income above that. The maximum benefit under the policy remains at £20K a month (£240K a year). Aviva points out that the new limits mean advisers also have an opportunity to…
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December 2019 VitalityLife: Other
Vitality has launched a cancer benefit for some of its customers undergoing active cancer treatment. Cancer Benefit Booster is a short term monthly income which supports additional living expenses incurred during cancer treatment. It is available to customers who have both a VitalityHealth Private Medical Insurance (PMI) plan and an eligible VitalityLife Serious Illness Cover (SIC) policy, and who are undergoing treatment for cancer and are claiming on either policy. Claimants receive £570 a month, plus the cost of their monthly PMI and life insurance (max £1K per month) premiums - in other words, a cash benefit plus a waiver…
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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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November 2019 Medicash: HCP
Medicash has introduced a number of enhancements to its corporate health plans. This follows a survey of 1,000 corporate decision-makers, intermediaries and policyholders which revealed that optical and dental benefits continue to be the main appeal of cash plans. Medicash’s optical and dental benefits have both been increased to £70 on level 1 of the Proactive plan. The level of chiropody benefits has also increased, from £20 to £50 on level 1 plans, without no change to the price. The virtual GP service has also been extended, to include free unlimited virtual GP consultations for all employees on Proactive and…
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November 2019 Cirencester Friendly: IP
Cirencester Friendly has added children’s critical illness insurance cover to its Income Protection (IP) products for new and existing members. The benefit pays a fixed lump sum of £2,500 if a child under age 21 is diagnosed with one of ten critical illnesses. The ten are serious cancer; open-heart surgery; traumatic brain injury; benign brain tumour; bacterial meningitis; kidney failure; heart valve repair or replacement; loss of hand or foot; major organ transplant, and third degree burns. The child must survive for 14 days after diagnosis and there is no extra premium charged for the benefit. Only one claim per…
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November 2019 Cignpost: Term
Cignpost is a new provider offering three types of term insurance: Level. Increasing. Cover increases by 3% a year, while premiums rise by 3.75% pa. Decreasing. Designed to pay off an outstanding mortgage or loan with an interest rate of 8%. Age range is 18 to 54 at entry and the maximum expiry age is 64, with terms available from five years to 40 years. The sum insured is paid on death or diagnosis of a terminal illness during the policy term. Death due to suicide is not covered during the first 12 months of the policy. Customers can also…
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November 2019 Royal London: IP
Royal London has improved its Income Protection plan to now offer tailored cover for NHS medical professionals and other medical professionals on the same sick pay structure. The insurer says this means it can now: Pay out in line with NHS sick pay arrangements. Offer up to 12 months sabbatical cover for eligible medical professionals, provided they meet the conditions in the Plan Details and continue to pay their premiums. Offer a higher minimum benefit for doctors and surgeons, at £3,000 a month. The changes follow other recent improvements to the Income Protection plan, including: An optional five year payment…
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November 2019 Generali: IP
Generali UK has launched an innovative new mental health navigator service, adding it at no extra cost to the range of early intervention and rehabilitation services available on its Group Income Protection (GIP) policy. It includes: Expert assessment and signposting to appropriate services by mental health clinicians, reducing pressure on line managers and mental health first aiders, while improving outcomes for individuals and for business. Mental health condition and treatment reviews for anyone who wants a better understanding of an existing condition or prescribed programme. Improved integration of an employer’s existing benefits, services and mental health policies and procedures into…
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October 2019 Collinson: iPMI
Global customer benefits and loyalty company, Collinson, has launched an international healthcare plan, Collinson SmartHealth™ International, in Nairobi, Kenya. The solution is delivered in partnership with Kenbright, a leading medical insurance provider in Kenya. The product offers a suite of affordable health insurance products aimed at Kenyan companies, wanting to protect and give peace of mind to employees and their families. Employees and their families can flexibly access international medical advice, treatment and support, whenever it is needed, through a global network of health providers and in-house medical assistance 24/7, with each case individually managed and assessed by Collinson’s medical…
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October 2019 Lime: Other
Lime is an online insurance provider founded on the principle of delivering universal access to much-needed insurance products, it says. Launched in February 2019, Lime currently offers this product plus an accidental death policy, (underwritten at Lloyd’s) but says more products are in the pipeline. This policy is underwritten by Aviva and is a direct-to-consumer version of its Cancer Essentials product, which we reviewed back in 2016. Premiums are low, starting from £2.03 a month for an 18-year-old non-smoker, or £3.16 per month for a 37-year-old non-smoker. Cover is available to age 70. The annually renewable policy pays up to…
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October 2019 Bupa: iPMI
Bupa Arabia is an associate company between Bupa and Nazer Group, and is the largest health insurance business in Saudi Arabia, with almost a 40% market share and over 2.9m customers. Munsha’at’ is what Bupa Arabia has called a ‘first-of-a-kind' health insurance product for small and medium-sized enterprises (SMEs) in Saudi Arabia. Three versions or programmes are available. • Essential. This is six option budget iPMI and comprises version 1.0 (one option), 2.0 (two scheme options) and 3.0 (three options). • Classic. This offers a wide variety of network options and includes eight scheme options between versions 1.0, 2.0, 3.0…
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October 2019 Unum: IP
Help@hand is Unum’s new app-based service offering employees and their families access to medical support at the touch of a screen, if their employer has a Unum GIP (Group Income Protection Plan). The app includes four services: • Remote GP. This offers access to a remote GP within two hours of requesting an appointment. Unlimited face-to-face video consultations with a UK-based GP are available, 24/7. • Second opinion. Two consultations a year are available. These can be face-to-face or by video, and are provided by a UK-based specialist following a diagnosis from a treating doctor. • Mental health support. Up…
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October 2019 Bupa: iPMI
Bupa Global, Bupa’s international health insurance arm, has launched Virtual Care, which is a digital GP service to support employees and their families living overseas. The service offers 24/7 telephone and video access to multi-lingual doctors and consultants who can advise, diagnose and offer prescriptions. Customers can also upload images and refer to their doctors’ notes post-appointment. The technology behind the service comes from Advance Medical, which is part of Teladoc Health, and offers customers access to a global team of doctors who consult with patients in over 130 countries around the world and speak more than 30 languages. In…
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September 2019 LV=: IP
LV= has launched an optional 12-month claim period option on its existing Budget Income Protection product. The main effect of this is lower premiums than plans with longer maximum benefit periods, while underwriting will be lighter too as the maximum risk to the insurer is now lower. Moreover, the new option still gives customers access to all existing LV= benefits such as parent and child cover and Doctor Services. LV= is targeting the option at budget conscious customers who want to protect their most valuable asset, which is their income. LV= also points out that, as with other benefit terms,…
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September 2019 Legal & General: CI
L&G’s latest changes to its CI plans go considerably further than the usual route of adding a bit more cover and increasing the condition count. Instead, the insurer has looked to make a number of changes to its two option level critical illness (CI) plans, to widen cover and to simplify. The key changes include: • Under the CI Extra plan, additional payment conditions now pay the lower of £30K and 50% of the sum insured instead of 25%. • The old coronary artery by-pass grafts (CABGs) and open heart surgery conditions have been combined and are now called specified…
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September 2019 HSBC: CI
HSBC’s two new critical illness (CI) insurance plans are aimed at the adviser market and both can be had with or without life cover. The plan is initially available only through the UnderwritMe system and the two plans offer: • The core plan (Critical Illness) has 38 conditions on which it pays the full sum insured. There are also additional payments on low grade prostate cancer and on carcinoma in situ of the breast. The plan also pays out on terminal illness or total permanent disability. • A higher level plan, called Critical Illness Plus, adds 11 full sum insured…
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August 2019 Aviva: CI
Aviva has made further changes to its critical illness plans. The two main changes are: • Loss of speech has been removed as a separate condition. Aviva reported that it had not paid one loss of speech claim in 15 years. • Extra Care cover has been cut to three rather than four options. Aviva’s logic is that many illnesses it covers are more likely to occur at older ages and that symptoms will typically worsen over time. So, the maximum age for specified conditions has been increased from 50 to 55. Aviva adds that by simplifying the Extra Care…
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August 2019 National Friendly: PMI
Bristol-based mutual National Friendly has upped the maximum benefit on its Optimum In/Day-Patient Plan from £250,000 to £1,000,000. In addition, new policyholders can opt to have an extended hospital list, which covers central London hospitals. According to the insurer, 48% of its current Optimum policyholders live in Greater London. The Out-Patient Plan has also been improved, giving customers a choice of either a £2,000 or £5,000 cover limit each policy year, albeit again with an increased premium. The insurer offers two private medical insurance policies and between them they cover prompt access to a GP or consultant for diagnosis, a…
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August 2019 Aviva: PMI
Mental Health Pathways Plus is an option enabling large corporate companies to support addictions such as online gambling, gaming and social media. The benefit can be added to Aviva's corporate mental health cover, launched last year. It is also available through the PMI plan Optimum, for organisations with 250 or more employees. As well as helping with technology-driven addiction to round-the-clock activities online, the service also includes support for those with drugs or alcohol issues. Children aged 13 and over are covered by their parent's cover and can also access mental health support services too. Comment: Mental health issues were…
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August 2019 VitalityHealth: PMI
VitalityHealth has partnered for this service with Doctify, which is the UK’s leading independent online review and booking platform for medical consultants. The insurer has launched Vitality Specialist Finder powered by Doctify as a website allowing customers to search for a medical consultant by speciality, rating or location. Patients can also book appointments on the site 24/7 and publicly rate and review doctors – a UK first. The service is being rolled out to customers through VitalityHealth’s musculoskeletal (MSK) team with a view to a full launch with direct member access to clinicians later in 2019. The service includes: ● …
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August 2019 Unum: Dental
Unum says that dental cover is the most popular voluntary health benefit offered by employers. Taking the appeal a stage further, employees can now enrol for Unum Dental cover online too. Using the new online, paperless enrolment process, employees can get immediate cover in just a few clicks. Unum Dental provides insurance cover to support employees and their dependants receiving both regular check-ups and essential dental treatment when they need it. Unum says it: · Has the least exclusions compared to the other leading corporate dental providers. · Provides a fast, simple claims payment service through an online claim portal.…
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July 2019 VitalityHealth: PMI
VitalityHealth has improved the cancer cover on some of its PMI plans at no extra cost for all new and existing members by now having just one (higher) level of cancer cover. New discounted cancer screenings and risk assessments for some of the most common cancers have also been introduced. Vitality’s Standard and Upgrade cancer cover options are now combined into a comprehensive standard proposition, and that applies to both new and existing plans. Once diagnosed with cancer, all eligible inpatient and outpatient costs are covered in full - from radiotherapy, chemotherapy, biological, hormone and bisphosphonate therapies to cancer surgery,…
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July 2019 Legal & General: IP
L&G has launched its Rental Protection Plan – a suite of products offering a choice of three products all through a single application. The products have been specifically designed for the rental market and generation rent. The three products included are: • Rental Income Protection Benefit. • Rental Life Insurance. • Rental Life Insurance with Critical Illness Cover. Having three products gives renters the flexibility to select the relevant product or products to meet their needs and budget, depending on their individual circumstances. In certain circumstances they can also increase cover if their rent increases, or if they relocate, or…
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July 2019 LV=: CI
LV= has introduced updates to three of its 100% conditions and one additional payment condition for its critical illness plans. The main changes are: 100% Conditions · Benign Brain Tumour. Previously benign brain tumour claims were paid on diagnosis alone. Now LV= adopts the market norm and requires certain treatments - full or partial surgical removal, radiotherapy or chemotherapy. · Motor Neurone Disease. Six motor neurone conditions are now listed rather than just ‘motor neurone disease'. · Third Degree Burns. The requirement for facial or head burns has been cut from 50% of the area to 20%. Additional Payment Conditions…
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July 2019 Medigo: PMI
Medigo is a German based company and has launched two global healthcare products for companies based in the UK. GLOBALCOVER (the focus of this review) is for major illness treatment and GLOBALCARE is for second medical opinions and medical concierge. GLOBALCOVER borrows from conventional critical illness insurance (CI) and private medical insurance (PMI) and pays for treatment for certain medical conditions only. Aimed at UK based employers, the plan costs from £8.33 a month for each employee covered. Treatment is covered up to £1m in total and minimum scheme size is five employees. The conditions covered by the plan are…
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June 2019 Legal & General: IP
L&G has updated its income protection (IP) plan. The changes include increased acceptance, more income guarantees and an extended support services, combined with more competitive pricing. The changes include: • Scrapping the generic exclusion of alcohol and drug abuse. • Increasing the maximum IP benefit limit by 20% from £200,000 a year (£16,667 a month) to £240,000 a year (£20,000 a month). This applies to employed and self-employed customers taking out a plan on a standard or low-cost basis. • Raising the limit on increasing IP plans to £168,000 a year (£14,000 a month). • In 2018 L&G introduced special…
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June 2019 Aon: Other
Aon's Well One application is being offered first in parts of Europe and Asia and utilises dacadoo's digital health score platform. Well One offers employees digital one-to-one coaching and the ability to connect virtually with their colleagues to share progress as well as earn recognition to help influence healthy behaviours and increase motivation. Using artificial intelligence driven digital coaching and education, the app means employees can gain the awareness and understanding they need to better manage their lifestyle and future finances. Employees can then compare their personal health achievements to those across their organisation anonymously. In turn. businesses can benchmark…
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June 2019 Generali: Other
Generali’s new Global Travel Protection plan offers a flexible package, with accidental death benefit, permanent disability benefit and 24/7 multinational global assistance. Cover also includes loss of luggage and personal effects, lost or stolen ID cards or travel documents and personal liability cover. The plan is aimed at o0rganisations with 250+ employees. The plan is designed to be an integral part of a benefits package that will also help employers fulfil their duty of care responsibilities, while also supporting recruitment and retention. The single flat, annual premium also means minimal admin and accounting too Generali says. Comment: This plan offers…
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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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