43,303,919 paid out in critical illness claims in the first six months of 2012*

Save this PDF as:
 WORD  PNG  TXT  JPG

Size: px
Start display at page:

Download "43,303,919 paid out in critical illness claims in the first six months of 2012*"

Transcription

1 Critical Illness Claims Report 43,303,919 out in critical illness claims in the first six months of 2012* 60 % Cancer 16 % Heart Attack 10 % Other 3 % Benign Brain Tumour 5 % Multiple Sclerosis 6 % Stroke *Scottish Provident critical illness claims 1 January to 30 June 2012.

2 Critical illness claims report At Scottish Provident we pride ourselves on providing quality cover and a proven track record for claims. This report details our critical illness claims in the first half of It details the illnesses which led to the claims, provides reasons why some are not and also gives guidance on how you can help your clients ensure that their claim is. What is critical illness cover? Critical illness cover pays out if your clients suffer a critical illness, listed within the plan, which meets our definition. This form of cover can be taken out on a level, increasing or decreasing term basis and is available for a fixed or renewable term. Why is it important? For most of us, the importance of having critical illness cover in place does not become clear until we need to make a claim. But it is not just about having the right amount of cover in place. It is about having quality cover, offering peace of mind to planholders and cover that will pay out when it is needed. Our claims statistics At Scottish Provident, we believe it is important to be open about our critical illness claims. We want to be able to pay out to your clients when they make a claim helping them in their time of need. Please note that these statistics do not include children s critical illness claims. These are reported individually on page 3. claims January - June 2012 amount 43,303,919 number of claims 511 % of claims (as a % of total claims) 93% Average payout 84,743 Largest claim value 1,000,000 Average age of claimant 49 Average time period in force before claim 9 years 1 month Un claims January - June 2012 number of un claims 37 % of un claims (as a % of total claims) 7% Number of claims declined because the illness suffered did not meet our critical illness definition Number of claims which resulted in no payment owing to the discovery of material non-disclosure at the time the plan was taken out. These plans were cancelled with the premiums refunded 25 (5%) 12 (2%) 2

3 Children s critical illness breakdown No one likes to think of their child becoming critically ill, but it is an unfortunate reality. At Scottish Provident we give your clients financial peace of mind by covering their children for critical illnesses. Our experience with children s claims is that thankfully, their ailments are often not critical, nor do they produce lasting symptoms, which explains the high percentage of un claims for children s critical illness. claims January - June 2012 amount 374,375 number of claims 20 % of claims 87% Average payout 18,719* Average age of claimant 8 Average time period in force before claim 7 years, 5 months Un claims January - June 2012 number of un claims 3 % of un claims 13% Did not meet definition 3 (13%) This money could help provide the best care and support for a sick child and allow their parents the financial freedom to change their working patterns in order to look after them. Children s critical illness is our 5th highest claim category. * Children s critical illness pays out the lesser amount of either 20,000 or 50% of your client s main critical illness cover amount. ** Scottish Provident critical illness claims figures 1 January - 30 June ,375 out in children s critical illness claims in the first half of 2012** 3

4 Critical illness claims report Claims summary All Claims Male Female Cause of CI claim No. of claims amount % of total No. of claims amount % of total No. of claims amount Average age at claim Average number of months in force before claim Cancer ,038,326 41% ,413,799 59% ,624, Heart Attack 80 5,622,061 91% 73 5,301,881 9% 7 320, Stroke 33 2,387,405 85% 28 2,068,546 15% 5 318, Multiple Sclerosis 27 3,725,153 37% 10 2,122,178 63% 17 1,602, Benign Brain Tumour 14 1,324,883 50% 7 616,942 50% 7 707, Coronary Artery By-Pass Grafts 14 1,183, % 14 1,183,542 0% Parkinson's Disease 9 878,655 67% 6 651,490 33% 3 227, Heart Valve Replacement or Repair 6 1,145,235 83% 5 1,065,235 17% 1 80, Angioplasty 5 259, % 5 259,249 0% Aorta Graft Surgery 4 808, % 4 808,701 0% Motor Neurone Disease 2 200, % 2 200,026 0% Traumatic Head Injury 2 270, % 2 270,370 0% Major Organ Transplant 2 186,140 50% 1 115,476 50% 1 70, Other* 5 274,173 60% 3 46,974 40% 2 227, TOTAL ,303,919 56% ,124,409 44% ,179, * This category includes other critical illness definitions where only single claims have been. Please note, TPD and terminal illness are not included within these claims figures. We do not cover all critical illnesses including some types of cancer. For further information on our products, including any exclusions and limitations, please see our product literature. Claims by age 24 % Age group No. of claims amount 16 % Less than , ,273, ,896, ,242, ,127, ,764, ,790,410 Older than ,418,542 TOTAL ,303,919 9 % % % <29 3 % >65 22 % %

5 Cancer claims summary Type of Cancer No. Of Claims All Claims Male Female Amount % of No. Of Claims Amount * This category includes other types of cancer where only single claims have been. % of No. Of Claims Amount Average Age at Claim Average number of months in force before claim Breast 106 8,663,945 0% % 106 8,663, Bowel/Colon 35 2,789,313 69% 24 2,018,853 31% , Malignant Melanoma 24 2,029,128 54% 13 1,148,482 46% , Prostate 22 1,886, % 22 1,886,793 0% Thyroid 12 1,181,634 17% 2 51,578 83% 10 1,130, Leukaemia 12 1,065,647 83% 10 1,012,715 17% 2 52, Testicular 9 880, % 9 880,378 0% Cervical 9 808,605 0% % 9 808, Lung 8 558,166 63% 5 387,162 37% 3 171, Ear/Nose/Throat 8 530,042 75% 6 331,042 25% 2 199, Ovarian 7 371,382 0% % 7 371, Brain 6 307,691 33% 2 62,901 67% 4 244, Pancreas 6 447, % 6 447,993 0% Lymphoma 6 751,205 33% 2 432,894 67% 4 318, Kidney 4 387,193 75% 3 366,041 25% 1 21, Oral 4 243, % 4 243,561 0% Hodgkin's Lymphoma 3 210,776 67% 2 205,606 33% 1 5, Liver 3 172,353 67% 2 150,627 33% 1 21, Gastric 3 397,515 0% % 3 397, Oesophagus 3 143, % 3 143,489 0% Sarcoma 3 251, % 3 251,028 0% Uterus 3 164,720 0% % 3 164, Non-Hodgkin's Lymphoma 3 211,842 0% % 3 211, Glandular 3 129,295 67% 2 79,295 33% 1 50, Bladder 2 141, % 2 141,714 0% Other* 4 312,918 75% 3 171,647 25% 1 141, TOTAL ,038,326 41% ,413,799 59% ,624,

6 Critical illness claims report Financial support at a time of need the facts At Scottish Provident, we are always looking for ways to make things better for you and your clients. In January 2012 we over 79,000 to a financial adviser who had breast cancer the plan had only been in force 6 months. In January 2012 we over 175,000 to a dentist who had suffered a heart attack the plan had only been in force 12 months. In February 2012 we over 890,000 to a high court judge who had keyhole heart surgery. In February 2012 we over 355,000 to a surgeon who had multiple sclerosis. In May 2012 we 250,000 to an estate agent who had suffered a stroke. If your clients stop paying premiums they will not get anything back, their plan will stop and they will no longer be covered for their benefits. Premiums should continue to be until a decision has been reached on a claim. Plans have no cash in value at any time. Over 1billion in critical illness claims since

7 How you can help us pay claims We know that your clients have taken out critical illness cover to provide some peace of mind in the event of developing a critical illness. Our aim is to pay valid claims as promptly and efficiently as possible. We always assess claims in a fair and consistent way. However, there may be occasions when claims are not because of non-disclosure or if a claim does not meet any of our critical illness definitions. What do we mean by non-disclosure? Non-disclosure occurs before the plan starts, i.e. if your clients fail to fully disclose anything that may be of relevance to the questions on their application form. This may include a detail in their past medical history, which seems unimportant to your clients at the time however, we would rather they gave too much information than too little, allowing us to decide what is important. If, while assessing a claim, it is established that there has been non-disclosure which would have affected the terms on which we would have accepted the case, then the sum assured would be altered to reflect those terms. If the benefit would have been declined then no payment would be made. Help your clients to avoid non-disclosure In order to help your clients as much as possible: Highlight the importance of giving full details of their medical history at application stage. Make sure that all questions on the application form are answered fully. It is far better to give more information than not enough. Your clients may wish to speak to their doctor before making the application if they are unsure about any details. We continue to make improvements to our application form, in order to prompt your clients to give as much information as possible. This should further assist you in ensuring full-disclosure and in delivering a better service for your clients. A 51 year old female claimed under the multiple sclerosis definition. However, the claimant failed to declare on their original application a history of intermittent blurred vision which was investigated in hospital. A claim was made by a 62 year old male for a heart attack. However, the claimant failed to declare that they were a heavy smoker despite being directly asked on their application. A claim was made by a 46 year old female under the kidney failure definition. Evidence later determined that the claimant had been diagnosed with a polycystic kidney disease prior to the application. 7

8 What do we mean by does not meet critical illness definitions? We aim to cover many of the life-changing illnesses that would require your clients to make significant adjustments to the way in which they live their lives. We will not pay a claim for any illness not included within our list of definitions and we urge you and your clients to be fully aware of this. However, our claims process enables your clients to request a claim form even when their illness is not specifically covered by the plan. This enables us to assess whether the claim can be under any of the conditions covered, in other words leaving no stone unturned. We could reduce the number of un claims under the does not meet definition heading if we filtered out grey claims at the initial telephone stage. But we believe our process is treating customers fairly, which outweighs our desire to produce low declinature rates under this heading. The following claims were not out, as they did not meet the plan definitions: A claim was submitted by a 56 year old male under the angioplasty definition. Medical reports confirmed that the procedure had only been carried out to one artery, not two as required by our definition. A 65 year old male claimed under the benign brain tumour definition due to a macroadenoma of the pituitary gland. However, tumours that occur in the pituitary gland are not covered by our definition. Here to help you Underwriting support Helpline Claims support Helpline Please note that we do not cover all illnesses, including some types of cancer. For more information, refer to our definitions guide or product literature for details on the illnesses we cover and any exclusions that may apply. Visit for more information, or call our sales team on Scottish Provident is a division of the Royal London Group which consists of The Royal London Mutual Insurance Society Ltd and its subsidiaries. The Royal London Mutual Insurance Society Ltd is authorised and regulated by the Financial Services Authority No and is registered in England and Wales No The registered office is 55 Gracechurch Street, London, United Kingdom EC3V 0RL. SCPR5658 AUG12 LD

52,929,390 paid out in critical illness claims in the first six months of 2013*

52,929,390 paid out in critical illness claims in the first six months of 2013* Critical Illness Report (January to June 2013) 52,929,390 paid out in critical illness claims in the first six months of 2013* 66 % Cancer 12 % Heart Attack 9 % Other 3 % Benign Brain Tumour 4 % Multiple

More information

Our annual check-up. Critical illness claims statistics 2014. For advisers only 1

Our annual check-up. Critical illness claims statistics 2014. For advisers only 1 Our annual check-up Critical illness claims statistics 214 For advisers only 1 A picture of confidence We 94% of critical illness claims in 214 We re in business to pay claims. And in an industry like

More information

OUR ANNUAL CHECK-UP. Critical Illness Claims Statistics 2014. Protection

OUR ANNUAL CHECK-UP. Critical Illness Claims Statistics 2014. Protection OUR ANNUAL CHECK-UP Protection Critical Illness Statistics 21 WE RE IN BUSINESS TO PAY CLAIMS In an industry like ours, claims statistics are important. They help to reassure you that if your clients ever

More information

Progressive Care Insurance for life A NEW TYPE OF INSURANCE

Progressive Care Insurance for life A NEW TYPE OF INSURANCE Progressive Care Insurance for life A NEW TYPE OF INSURANCE New Progressive Care from Sovereign Progressive Care is a type of insurance that is new to New Zealand. It s not a traditional all-or-nothing

More information

CRACKING GOOD COVER. Protection Personal Menu. royallondon.com

CRACKING GOOD COVER. Protection Personal Menu. royallondon.com CRACKING GOOD COVER Protection Personal Menu royallondon.com WHAT S INSIDE A summary of our protection covers 4 Cover for you, your partner or both of you 5 Life Cover 6 Critical Illness Cover 7 The full

More information

All you need to know

All you need to know www.scottishprovident.com Welcome This pack should contain everything you need to know about the way Scottish Provident and our products can benefit both you and your clients. Of course, if there is anything

More information

Critical illness cover. It s about time.

Critical illness cover. It s about time. Report prepared for 6 March 2014 Critical illness cover. It s about time. Term-based life cover s simple. You die within the term, it pays out, you don t, it doesn t. Unfortunately, life itself isn t that

More information

Critical illness report 2005

Critical illness report 2005 Critical illness report 2005 1 Critical illness report 2005 Critical Illness cover pays out a lump sum if you are diagnosed within the term of the policy with a critical illness that meets the policy definition.

More information

Critical illness cover. It s about time.

Critical illness cover. It s about time. Report prepared for 29 September 2015 Critical illness cover. It s about time. Term-based life cover s simple. You die within the term, it pays out, you don t, it doesn t. Unfortunately, life itself isn

More information

Welcome Insurer Life Insurance Critical Illness beaglestreet.com

Welcome Insurer Life Insurance Critical Illness beaglestreet.com Your Policy Summary Welcome We ve sent you this Policy Summary as a comprehensive guide to our products and because the Insurer is required to do so by the Financial Conduct Authority. This important information

More information

Protecting you and your world. Mortgage Protection. With Serious Illness Cover

Protecting you and your world. Mortgage Protection. With Serious Illness Cover Protecting you and your world Mortgage Protection With Serious Illness Cover Serious Illness Cover for your Mortgage from Caledonian Life Caledonian Life s Mortgage Protection policy offers you a cost-effective

More information

Get the whole story about Critical Illness and how this could affect you

Get the whole story about Critical Illness and how this could affect you Get the whole story about Critical Illness and how this could affect you Aviva s Critical Illness claims report 2009 Aviva s 2009 critical illness claims report For most of us, the importance of having

More information

Critical Illness with Term Assurance

Critical Illness with Term Assurance AIG Life Critical Illness with Term Assurance Our comprehensive Critical Illness with Term Assurance delivers more value and quality to the customer and their family than ever before. It is designed to

More information

Critical Illness Insurance. What is Critical Illness Insurance

Critical Illness Insurance. What is Critical Illness Insurance Critical Illness Insurance What is Critical Illness Insurance Whereas life insurance has been readily available for literally hundreds of years, critical illness insurance is a relatively recent development.

More information

Taking care of tomorrow

Taking care of tomorrow Friends Life Protection Account Critical Illness Cover Guide Taking care of tomorrow Critical Illness Cover Taking care of tomorrow Friends Life Critical Illness Cover is here for you through whichever

More information

Critical Illness Claims Report 2006

Critical Illness Claims Report 2006 This communication is intended for qualified financial advisers only and must not be relied upon by anyone else. This is the Critical Illness Claims Report 2006 from Assurance Limited Hello. This report

More information

Critical illness cover. It s about time.

Critical illness cover. It s about time. Report prepared for 9 December 2015 Critical illness cover. It s about time. Term-based life cover s simple. You die within the term, it pays out. You don t, it doesn t. Unfortunately, life itself isn

More information

Whole of life. It is never too early...

Whole of life. It is never too early... It is never too early... ...but it can be too late. Whole of life protection As lifestyles change over time, so do mortgage, business and family protection needs. There is never a time in your client s

More information

Key Features. Pegasus. Key features of the Pegasus Personal Assurance plan. Important information you need to read.

Key Features. Pegasus. Key features of the Pegasus Personal Assurance plan. Important information you need to read. Pegasus Key Features Personal Assurance Plan Key features of the Pegasus Personal Assurance plan. Important information you need to read. The Financial Services Authority is the independent financial services

More information

LifeProtect. Serious illness cover. Protecting YOU FROM THE BIGGEST RISKS YOU LL FACE

LifeProtect. Serious illness cover. Protecting YOU FROM THE BIGGEST RISKS YOU LL FACE LifeProtect Serious illness cover Protecting YOU FROM THE BIGGEST RISKS YOU LL FACE Important Note - Please read Zurich s Serious Illness Cover is subject to terms and conditions which are contained in

More information

For customers Friends Life Individual Protection. Childcover benefit

For customers Friends Life Individual Protection. Childcover benefit For customers Friends Life Individual Protection Childcover benefit Helping to protect the whole family Most parents don t want to think about what would happen if their child became critically ill. However,

More information

THE MARKET AT A GLANCE.

THE MARKET AT A GLANCE. 1 BUSINESS PROTECTION SETTING UP BUSINESS PROTECTION POLICIES CRITICAL ILLNESS COVER COMPETITOR COMPARISON THE MARKET AT A GLANCE. We believe our Critical Illness Cover offers a competitive alternative

More information

OUR PERSONAL MENU PLAN

OUR PERSONAL MENU PLAN KEY FACTS OF OUR PERSONAL MENU PLAN Important information you should read Protection Personal Menu WHAT S INSIDE See if our plan is right for you 3 The aims of our plan 3 Your commitment 4 The risks 4

More information

Critical illness conditions covered

Critical illness conditions covered For financial adviser use Critical illness conditions covered Provider Alzheimer s Disease age 65 age 60 Aorta graft surgery for disease Benign brain tumour Blindness permanent and irreversible Cancer

More information

SUPPLEMENTARY NOTES. Personal General Insurance (4 th Edition) Date Of Issue: 1 October 2014

SUPPLEMENTARY NOTES. Personal General Insurance (4 th Edition) Date Of Issue: 1 October 2014 SUPPLEMENTARY NOTES Personal General Insurance (4 th Edition) Date Of Issue: 1 October 2014 The following amendments have NOT been incorporated in the Study Guide. They should be marked up in the Study

More information

Life, Critical Illness and Income Protection Claims Summary. From January to December 2013

Life, Critical Illness and Income Protection Claims Summary. From January to December 2013 Life, Critical Illness and Income Protection Claims Summary From January to December 2013 This is why we are here to financially protect our customers when they need it most. We are proud of what we have

More information

Lifetime Protection Plan from Standard Life Protecting you and your family

Lifetime Protection Plan from Standard Life Protecting you and your family Lifetime Protection Plan from Standard Life Protecting you and your family Remember when you thought you were invincible 1 of 33 2 of 33 When was the last time you felt invincible? Contents The need for

More information

Facing the challenges of CRITICAL ILLNESS

Facing the challenges of CRITICAL ILLNESS Facing the challenges of CRITICAL ILLNESS INTRODUCTION What is insurance? In life, we are all faced with threats which, if they occurred, would result in financial loss Insurance is the process of protecting

More information

Sun Critical Illness Insurance

Sun Critical Illness Insurance Sun Critical Illness Insurance PRODUCT FEATURE SHEET CRITICAL ILLNESS INSURANCE gives you a lump sum payment if you are diagnosed with and survive an illness covered by your plan. Having this extra measure

More information

AA Critical Illness with Life Cover Policy Summary

AA Critical Illness with Life Cover Policy Summary AA Critical Illness with Life Cover Policy Summary The Financial Services Authority is the independent financial services regulator. It requires us, Friends Life and Pensions Limited, to give you important

More information

OUR BUSINESS MENU PLAN

OUR BUSINESS MENU PLAN KEY FACTS OF OUR BUSINESS MENU PLAN Protection Business Menu Important information you should read WHAT S INSIDE See if our plan is right for you 3 The aims of our plan 3 Your commitment 4 The risks 4

More information

Facts about Zurich Claims. Zurich Life Risk

Facts about Zurich Claims. Zurich Life Risk Facts about Zurich Claims Zurich Life Risk A closer look at the claims Income Protection claims sample extract started Cause Occupation Duration (days) Initial monthly benefit Benefits paid to date 23

More information

about our eselect Protection Life or Earlier Critical Illness Cover

about our eselect Protection Life or Earlier Critical Illness Cover about our eselect Protection Life or Earlier Critical Illness Cover We set out the main points about our eselect Protection Life or Earlier Critical Illness Cover below. Your personal illustration shows

More information

The real value of protection. Our life, critical illness and income protection claims

The real value of protection. Our life, critical illness and income protection claims The real value of protection Our life, critical illness and income protection claims The real value of protection When you take out an Aviva protection policy, you re relying on us to be there when it

More information

This document contains important information about the Lifestyle Plus Protection plan and you should read it along with your quote.

This document contains important information about the Lifestyle Plus Protection plan and you should read it along with your quote. Key facts of the Lifestyle Plus Protection plan (October 2013) This document contains important information about the Lifestyle Plus Protection plan and you should read it along with your quote. This document

More information

Elixia 123 Personal Critical Illness Cover

Elixia 123 Personal Critical Illness Cover Elixia 123 Personal Critical Illness Cover Key Features Your questions answered unum.co.uk Elixia 123 Personal Critical Illness Cover Key Features - your questions answered This key features document

More information

Zurich Life Risk Trauma cover

Zurich Life Risk Trauma cover Product Summary Issued 21 December 2015 Zurich Life Risk Trauma cover Adviser use only Trauma insurance provides a lump sum payment on diagnosis or occurrence of a covered trauma. This is a summary only

More information

GETTING EVERYTHING IN SHAPE. A Guide to Mortgage Protection Cover. Mortgage Protection Cover

GETTING EVERYTHING IN SHAPE. A Guide to Mortgage Protection Cover. Mortgage Protection Cover GETTING EVERYTHING IN SHAPE A Guide to Mortgage Protection Cover Mortgage Protection Cover INTRODUCING ROYAL LONDON Ever since we started as a Friendly Society over 150 years ago, at Royal London we ve

More information

COVER WHEN YOU NEED IT MOST. A Guide to Specified Serious Illness Cover. Specified Serious Illness Cover

COVER WHEN YOU NEED IT MOST. A Guide to Specified Serious Illness Cover. Specified Serious Illness Cover COVER WHEN YOU NEED IT MOST A Guide to Specified Serious Illness Cover Specified Serious Illness Cover INTRODUCING ROYAL LONDON Ever since we started as a Friendly Society over 150 years ago, at Royal

More information

The real value of protection. Our life, critical illness and income protection claims

The real value of protection. Our life, critical illness and income protection claims The real value of protection Our life, critical illness and income protection claims The real value of protection When you take out an Aviva protection policy, you re relying on us to be there when it

More information

This document contains important information about the Lifestyle Protection plan and you should read this along with your quote.

This document contains important information about the Lifestyle Protection plan and you should read this along with your quote. Key facts of the Lifestyle Protection plan July 2014 This document contains important information about the Lifestyle Protection plan and you should read this along with your quote. This document doesn

More information

Level, Renewable and Family Income Protection Key Features

Level, Renewable and Family Income Protection Key Features Level, Renewable and Family Income Protection Key Features Lifetime Protection from Standard Life This is an important document. Please read it and keep for future reference. The Financial Conduct Authority

More information

Living Benefit Plans

Living Benefit Plans Living Benefit Plans What is Critical Illness Insurance? Critical Illness Insurance pays a lump sum Benefit upon diagnosis of a covered condition, such as, heart attack, cancer and stroke. History Origins

More information

Your critical illness protection plan

Your critical illness protection plan Your critical illness protection plan It could happen to you It is estimated there are over 70,000 heart attacks in Canada each year. There are between 40,000-50,000 strokes in Canada each year. An estimated

More information

Enjoy a position of vantage, come what may.

Enjoy a position of vantage, come what may. Enjoy a position of vantage, come what may. prucrisis covervantage While you have achieved much in life and you and your family enjoy the benefits of success, there may be times when the unexpected happens.

More information

Policy Summary of Friends Life Individual Protection Critical Illness with Life Cover

Policy Summary of Friends Life Individual Protection Critical Illness with Life Cover Policy Summary of Friends Life Individual Protection Critical Illness with Life Cover FLIP/4569/Mar15 This policy summary gives you important information about the Friends Life Individual Protection Critical

More information

Policy Summary of Friends Life Individual Protection Critical Illness with Life Cover

Policy Summary of Friends Life Individual Protection Critical Illness with Life Cover Policy Summary of Friends Life Individual Protection Critical Illness with Life Cover FLIP/4569/Mar15 This policy summary gives you important information about the Friends Life Individual Protection Critical

More information

Group Critical Illness

Group Critical Illness Group Critical Illness Standard Terms and Conditions Introduction This document sets out the standard terms and conditions governing the Generali Worldwide Insurance Company (referred to as we or us from

More information

SIMPLY THE ESSENTIALS

SIMPLY THE ESSENTIALS PERSONAL INSURANCE SIMPLY THE ESSENTIALS TotalCareMax Essential Disability Income Protection SOMETHING TO THINK ABOUT While your health may suffer a setback, your finances and lifestyle shouldn t have

More information

Child cover. Free. child cover offer inside

Child cover. Free. child cover offer inside Child cover Free child cover offer inside Protecting your most precious asset It s a natural desire to want to wrap your child in cotton wool and protect them from harm. But while cotton wool might protect

More information

For customers Friends Life Individual Protection Critical Illness Cover. Critical Illness Cover. It s critical illness. And more.

For customers Friends Life Individual Protection Critical Illness Cover. Critical Illness Cover. It s critical illness. And more. For customers Friends Life Individual Protection Critical Illness Cover Critical Illness Cover It s critical illness. And more. It s critical illness. And 2 it s designed with your needs in mind. it covers

More information

Key features of Skandia Protect

Key features of Skandia Protect Key features of Skandia Protect Flexible life and critical illness cover The Financial Conduct Authority is a financial services regulator. It requires us, Skandia, to give you this important information

More information

We understand you want support right from the beginning

We understand you want support right from the beginning PROTECT We understand you want support right from the beginning PRUearly stage crisis cover Should an illness strike, the earlier it is diagnosed, the easier it is to manage and the higher the chances

More information

Combined Life & Critical Illness Protection Guaranteed Premiums. Policy Summary

Combined Life & Critical Illness Protection Guaranteed Premiums. Policy Summary Combined Life & Critical Illness Protection Guaranteed Premiums Policy Summary Combined Life & Critical Illness Protection Guaranteed Premiums Policy Summary In this summary, we try to help you by giving

More information

From AXA (Hong Kong)

From AXA (Hong Kong) Specialists in Wealth Management Life & Critical Illness Insurance From AXA (Hong Kong) Product Description Life Insurance: Pays out a fixed and guaranteed cash amount in the event of death Designed to

More information

Key Features of the NFU Mutual Level Temporary Assurance Policy with Critical Illness Cover PROTECTION

Key Features of the NFU Mutual Level Temporary Assurance Policy with Critical Illness Cover PROTECTION Key Features of the NFU Mutual Level Temporary Assurance Policy with Critical Illness Cover PROTECTION CONTENTS 03 Who should buy this product? Its Aims Your Commitment Risks What is the Level Temporary

More information

A Guide to Critical Illness Insurance

A Guide to Critical Illness Insurance A Guide to Critical Illness Insurance This guide about Critical Illness cover is designed to help you decide if this is a suitable product for you. It aims to help by answering the following questions:

More information

Do I really need critical illness cover? A guide to protect against the financial impact of a critical illness

Do I really need critical illness cover? A guide to protect against the financial impact of a critical illness Do I really need critical illness cover? A guide to protect against the financial impact of a critical illness What's inside 2 Cancer survival rates 5 Survival rates are improving 6 Coping with a critical

More information

Key facts of AA Life Insurance with Critical Illness Cover

Key facts of AA Life Insurance with Critical Illness Cover Key facts of AA Life Insurance with Critical Illness Cover The Financial Services Authority is the independent financial services regulator. It requires us, Friends Life Limited, to give you important

More information

Living benefits. Oasis. A look at critical illness insurance claims

Living benefits. Oasis. A look at critical illness insurance claims Living benefits solutions Oasis A look at critical illness insurance claims People are living longer. If you experience a critical illness, you re now more likely to survive it and live for many years.

More information

Critical Illness with Term Assurance

Critical Illness with Term Assurance AIG Life Critical Illness with Term Assurance Our comprehensive Critical Illness with Term Assurance delivers more value and quality to the customer and their family than ever before. It is designed to

More information

Group Benefits Evidence of Insurability for Comprehensive Optional Critical Illness Insurance

Group Benefits Evidence of Insurability for Comprehensive Optional Critical Illness Insurance Group Benefits Evidence of Insurability for Comprehensive Optional Critical Illness Insurance INSTRUCTIONS - Please print all answers If required, retain a photocopy for your files. 1a) Plan contract number(s)

More information

Self Assurance. Your simple guide to protection

Self Assurance. Your simple guide to protection Self Assurance Your simple guide to protection Your simple guide to protection Peace of mind for you and your family None of us really knows what the future has in store, but like millions of other people

More information

Term Assurance INVESTMENTS PENSIONS PROTECTION

Term Assurance INVESTMENTS PENSIONS PROTECTION Term Assurance About Canada Life Established in 1903, the Canada Life Group has grown to be a modern and dynamic international financial services business. We are part of Great-West Life, one of the world

More information

Guide to Critical Illness Definitions For guidance purposes only

Guide to Critical Illness Definitions For guidance purposes only LIFE PROTECTION Guide to Critical Illness Definitions For guidance purposes only Lift art drawn by LoBianco Studios 5/99 About this booklet This booklet has been produced for guidance purposes only. Please

More information

Protect. Flexible life and critical illness cover

Protect. Flexible life and critical illness cover Key features of Protect Flexible life and critical illness cover The Financial Conduct Authority is a financial services regulator. It requires us, Old Mutual Wealth, to give you this important information

More information

For customers Friends Life Individual Protection Critical Illness Cover. Critical Illness Cover. It s critical illness. And more.

For customers Friends Life Individual Protection Critical Illness Cover. Critical Illness Cover. It s critical illness. And more. For customers Friends Life Individual Protection Critical Illness Cover Critical Illness Cover It s critical illness. And more. It s critical illness. And 2 it s designed with your needs in mind. it covers

More information

We understand that you would want multiple coverage against critical illnesses

We understand that you would want multiple coverage against critical illnesses PROTECT Enhanced We understand that you would want multiple coverage against critical illnesses PRUmultiple crisis cover Medical advancements over the years have led to better survival and recovery rates

More information

Life Protection Quotation

Life Protection Quotation Life Protection Quotation Prepared For: Date: 03/06/2013 Life Type: Single Life Quote Type: Specified Illness Cover Only QUOTATION DETAILS Male, 43 (01/Jan/1970), Non-Smoker, Specified Illness 124000 Monthly

More information

Life Living Assurance Customer guide LIVING ASSURANCE. TotalCareMax Customer guide. Life. Take charge. sovereign.co.nz

Life Living Assurance Customer guide LIVING ASSURANCE. TotalCareMax Customer guide. Life. Take charge. sovereign.co.nz Life Living Assurance Customer guide LIVING ASSURANCE TotalCareMax Customer guide Life. Take charge. sovereign.co.nz WHAT IS LIVING ASSURANCE? Living Assurance provides you and your family with peace of

More information

We have made the following changes to the Critical Illness events covered under our group critical illness policy.

We have made the following changes to the Critical Illness events covered under our group critical illness policy. We have made the following changes to the Critical Illness events covered under our group critical illness policy. March 2015 Because everyone needs a back-up plan 7 New critical illness events added to

More information

Critical Illness Cover from Bright Grey.

Critical Illness Cover from Bright Grey. Critical Illness Cover from Bright Grey. It just got brighter. Now includes additional cover for 2 early forms of cancer. Protection. We make it personal The latest improvements to our critical illness

More information

Key Features of Term Assurance with Critical Illness

Key Features of Term Assurance with Critical Illness Key Features of Term Assurance with Critical Illness Key Features of Term Assurance with Critical Illness The Financial Conduct Authority is a financial services regulator. It requires us, Aviva, to give

More information

Why CI? Critical Illness Protection from Transamerica for a Broader Spectrum of Coverage

Why CI? Critical Illness Protection from Transamerica for a Broader Spectrum of Coverage Why CI? Critical Illness Protection from Transamerica for a Broader Spectrum of Coverage What is Critical Illness Protection? Critical Illness Protection is a form of insurance that provides you with a

More information

Insurance from MLC. Making your insurance even better. MLC Life Cover Super and MLC Personal Protection Portfolio

Insurance from MLC. Making your insurance even better. MLC Life Cover Super and MLC Personal Protection Portfolio Insurance from MLC Making your insurance even better MLC Life Cover Super and MLC Personal Protection Portfolio Effective from: 17 October 2011 Making sure you re well protected We regularly review our

More information

vital link Critical Illness Insurance It s about living your life Your guide to Critical Illness Insurance

vital link Critical Illness Insurance It s about living your life Your guide to Critical Illness Insurance vital link Critical Illness Insurance It s about living your life Your guide to Critical Illness Insurance You really feel like you re on the right track. Your life seems to be going just as you planned.

More information

Key Features of the NFU Mutual Mortgage Temporary Assurance Policy with Critical Illness Cover PROTECTION

Key Features of the NFU Mutual Mortgage Temporary Assurance Policy with Critical Illness Cover PROTECTION Key Features of the NFU Mutual Mortgage Temporary Assurance Policy with Critical Illness Cover PROTECTION CONTENTS 03 Who should buy this product? Its Aims Your Commitment Risks 04 What is the Mortgage

More information

KEY FEATURES OF THE NFU MUTUAL MORTGAGE TEMPORARY ASSURANCE POLICY WITH CRITICAL ILLNESS COVER PROTECTION

KEY FEATURES OF THE NFU MUTUAL MORTGAGE TEMPORARY ASSURANCE POLICY WITH CRITICAL ILLNESS COVER PROTECTION KEY FEATURES OF THE NFU MUTUAL MORTGAGE TEMPORARY ASSURANCE POLICY WITH CRITICAL ILLNESS COVER PROTECTION The Financial Conduct Authority is a financial services regulator. It requires us, NFU Mutual,

More information

INSURANCE World of Protection Upgrade Announcement

INSURANCE World of Protection Upgrade Announcement INSURANCE World of Protection Upgrade Announcement Leading Life Leading Life in OnePath MasterFund Recovery Cash Stand Alone Recovery Income Safe Plus Income Cover Income Safe Business Expenses Plan July

More information

Key Features of the Forester Life Mortgage Protection Options Plan. Key Features

Key Features of the Forester Life Mortgage Protection Options Plan. Key Features Key Features of the Forester Life Mortgage Protection Options Plan The Financial Conduct Authority is a financial services regulator. It requires us, Forester Life, to give you this important information

More information

PRODUCT PURPOSE BENEFIT. Death Benefit or Total Permanent Disability Benefit

PRODUCT PURPOSE BENEFIT. Death Benefit or Total Permanent Disability Benefit PRODUCT PURPOSE A whole life critical illness insurance, protecting until 99 years old which is suitable for all ages A financial support against 15 most common Critical Illness. Especially waiver all

More information

Protecting your future MLC Life Cover Super MLC Personal Protection Portfolio

Protecting your future MLC Life Cover Super MLC Personal Protection Portfolio Protecting your future MLC Life Cover Super MLC Personal Protection Portfolio Product Disclosure Statement Life Cover Total & Permanent Disability Critical Illness Income Protection Business Expenses Premium

More information

BUYING LIFE INSURANCE PRODUCTS DIRECTLY FROM INSURANCE COMPANIES WITHOUT COMMISSIONS

BUYING LIFE INSURANCE PRODUCTS DIRECTLY FROM INSURANCE COMPANIES WITHOUT COMMISSIONS BUYING LIFE INSURANCE PRODUCTS DIRECTLY FROM INSURANCE COMPANIES WITHOUT COMMISSIONS Singapore, 30 July 2014 The Monetary Authority of Singapore (MAS) announced today the features of life insurance products

More information

How to Avoid Overpaying For Your:

How to Avoid Overpaying For Your: How to Avoid Overpaying For Your: Mortgage Life Insurance and Mortgage Critical Illness Insurance By: Terry Bialek Congratulations! You ve just bought a new house or condominium and you ve arranged a mortgage

More information

now can protect their future

now can protect their future Life SmartLife your decisions now can protect their future they re in good hands life we re in it together hello Asteron is one of Australia and New Zealand s largest financial services providers with

More information

KEY FEATURES OF CRITICAL ILLNESS WITH LIFE COVER PROTECTION FOR LIFE. Important information you need to read

KEY FEATURES OF CRITICAL ILLNESS WITH LIFE COVER PROTECTION FOR LIFE. Important information you need to read KEY FEATURES OF CRITICAL ILLNESS WITH LIFE COVER PROTECTION FOR LIFE Important information you need to read THE FINANCIAL CONDUCT AUTHORITY IS A FINANCIAL SERVICES REGULATOR. IT REQUIRES US, SCOTTISH WIDOWS,

More information

Simply Smarter Life Insurance. Budget Direct Life Insurance and Budget Direct Accidental Death Insurance Product Disclosure Statement

Simply Smarter Life Insurance. Budget Direct Life Insurance and Budget Direct Accidental Death Insurance Product Disclosure Statement Simply Smarter Life Insurance Budget Direct Life Insurance and Budget Direct Accidental Death Insurance Product Disclosure Statement Budget Direct Life Insurance and Budget Direct Accidental Death Insurance

More information

Key Features Document

Key Features Document Key Features Document Customer Services Freephone: 0800 169 7733 Main switchboard: 020 8546 7733 Office hours: Monday to Friday, 9am to 6pm E-mail csd@uk.combined.com Website www.combinedinsurance.co.uk

More information

Consumers Can Now Compare Life Insurance Products Online and Buy Them Without Commissions

Consumers Can Now Compare Life Insurance Products Online and Buy Them Without Commissions 10 Shenton Way MAS Building Singapore 079117 Telephone : (65) 6225-5577 FOR IMMEDIATE RELEASE Consumers Can Now Compare Life Insurance Products Online and Buy Them Without Commissions Singapore, 31 March

More information

Critical Illness. Policy Summary

Critical Illness. Policy Summary Critical Illness Policy Summary This summary gives you an overview of our Critical Illness product. For full details, including all the terms and conditions, please read the LV= Critical Illness Policy

More information

Association of British Insurers

Association of British Insurers Association of British Insurers Statement of Best Practice for Critical Illness Cover May 2002 Introduction This Statement of Best Practice for Critical Illness Cover aims to help consumers understand

More information

Product Disclosure Statement Version 11, Issued 21 May 2012. Life s better with the right partner AIA.COM.AU. Priority Protection

Product Disclosure Statement Version 11, Issued 21 May 2012. Life s better with the right partner AIA.COM.AU. Priority Protection Priority Protection Product Disclosure Statement Version 11, Issued 21 May 2012 Life s better with the right partner AIA.COM.AU Who issues Priority Protection? This Product Disclosure Statement ( PDS )

More information

MLC Insurance MLC Insurance (Super) Product Disclosure Statement

MLC Insurance MLC Insurance (Super) Product Disclosure Statement MLC Insurance MLC Insurance (Super) Product Disclosure Statement Preparation date 25 May 2015 Issue no: 4 This PDS was prepared by MLC Limited ABN 90 000 000 402 AFSL 230694 Issuer of MLC Insurance and

More information

ARE YOU PREPARED FOR A SERIOUS ILLNESS? WHAT IS LIVING ASSURANCE? WHAT DOES IT OFFER ME?

ARE YOU PREPARED FOR A SERIOUS ILLNESS? WHAT IS LIVING ASSURANCE? WHAT DOES IT OFFER ME? ARE YOU PREPARED FOR A SERIOUS ILLNESS? It s a fact of life that we all get sick, and sometimes seriously. The cost of recovery from an illness like cancer or from a heart attack can have a huge impact.

More information

Competitor Products: A Comparison. Minimum/maximum and premium details. Legal & General. Liverpool. Scottish

Competitor Products: A Comparison. Minimum/maximum and premium details. Legal & General. Liverpool. Scottish Competitor Products: A Comparison Our plan provides death benefit with terminal illness cover, with a choice of guaranteed and reviewable premiums that can be used to protect your client's family or their

More information

Zurich Life Risk Zurich Protection Plus

Zurich Life Risk Zurich Protection Plus Product Summary Issued 1 March 2015 Zurich Life Risk Zurich Protection Plus Adviser use only Zurich Protection Plus is a flexible package which allows you to choose any combination of Death cover, TPD

More information

ABI Statement of Best Practice for Critical Illness Cover. 2005 review consultation paper

ABI Statement of Best Practice for Critical Illness Cover. 2005 review consultation paper ABI Statement of Best Practice for Critical Illness Cover 2005 review consultation paper Contents page Contents 2 1. Executive Summary 3 2. Introduction 5 Background 5 Market environment of current review

More information

Key Features of Mortgage Life Insurance

Key Features of Mortgage Life Insurance Key Features of Mortgage Life Insurance Improvements to our critical illness cover We are pleased to tell you that we ve added to our critical illness cover. The plan now includes improved critical illness

More information

REAL Trauma Cover. What is it?

REAL Trauma Cover. What is it? PROTECTION PERSONAL REAL Trauma Cover What is it? REAL Trauma Cover pays you a lump sum of up to $2 million if you suffer any of the 43 critical illnesses specified in the policy, such as cancer, heart

More information

A Guide to Term Assurance

A Guide to Term Assurance Term Assurance YOUR SAFETY NET A Guide to Term Assurance 1 INTRODUCING ROYAL LONDON Ever since we started as a Friendly Society over 150 years ago, at Royal London we ve believed that our difference is

More information