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Our Life and Critical Illness options are part of the Flexible Protection Plan. They both pay a lump sum if the person insured dies or is diagnosed with a serious illness during the term of the policy. This provides financial, emotional and practical support when the unexpected happens.
We provide a range of options to best fit your client's protection needs:
Our Life and Critical Illness policies pay out a lump sum if your client (or the person insured) dies or is diagnosed with a critical illness. A list of the illnesses covered, the target market, limits, suitability and costs can be found in the product profile:
*20 of these conditions are covered under 1 additional payment definition – ‘Less advanced cancers’
We know it’s important for you to be able to tailor protection to your clients’ needs. With our Life and Critical Illness plans you have options to build a policy that’s right for your client, including the type of cover, and the type of children’s cover.
We offer a clear and fair approach to paying claims.
We’re proud to have paid 95%* of all protection claims in 2022 – approving 88% of critical illness claims and 97% of all life cover claims**. A successful claim is as important to your client as it is to you – your clients get vital financial help when they need it most and you feel confident in the provider you recommended.
* Includes claims already in payment in 2022 for Income Protection and Personal Sick Pay.
** Our Life Insurance figures include claims paid for Life Insurance, Terminal illness and Whole of Life products (including some non-underwritten guaranteed whole of life products). Our whole of life products are no longer available.
Fastway - our quote and apply system – makes it easier to protect clients. It’s a fast and flexible application journey and gives you an immediate underwriting decision.
Plus 24/7 access to our pre-underwriting tool for an instant and indicative underwriting decision for illnesses and conditions and our Protection Progress Hub to easily track the status of your client applications.
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