A critical state?

While most protection products have experienced disappointingly stagnant sales over the last four years critical illness (CI) products have surged ahead. The picture for the sector as a whole is very healthy, but there is concern that group CI remains a peripheral protection option with a very small share of the employee benefits market. Although growth in the group sector has been steady, it has been far from stunning. Figures from the GE Insurance Solutions Group Risk Market Survey 2004, show that 235 new schemes were established in 2003 bringing the total in force to just 1,866. When t...