Critical illness cover is a wonderful insurance product, but it can be really confusing for clients. Actually, it can be really confusing for advisers too. Most insurers now offer at least 4 versions of their critical illness contracts. If you have a panel of 10 insurers you can use you could easily be looking at 40 different critical illness policies to choose from. If you have more than 10 insurers...good luck!
But does it have to be so daunting? The answer is no.
We are going to be talking about:
- Core and enhanced CIC
- Severity disclaimers
- CIC vs Terminal Illness Cover
- Standalone CIC
- Watch out for exclusions!
There's a lot to go through and we will be filling the 45 minutes with lots of tips and titbits for you.
