Healthy growth?

protection for young families

Professional Adviser
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Children's critical illness made headlines last year after a sharp jump in claims. Peter Madigan explores this often overlooked area to see if the end is nigh for this 'free' benefit

When taking out critical illness (CI) cover, ensuring that children are covered under the policy may not always be at the top of the agenda. On the whole, individuals take out cover to run the course of a mortgage and employers' primary concern is the effect of CI cover on the bottom line. Such indifference seems strange however, when you consider the impact of a sick child on a parent's life, both personal and professional. It is arguably as much in an employer's interest to see to it that a staff-member can afford the best treatment and care for an ill child to ensure that they are not ...

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