Malady makers

Professional Adviser
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With critical illness insurers covering nearly 40 different conditions, Johanna Gornitzki questions whether any of these illnesses should be scrapped

In April, following three years of consultation, the Association of British Insurers (ABI) finally launched its updated Statement of Best Practice for critical illness (CI) cover. As a part of it, three new standard illness definitions have been added - Alzheimer's, HIV infection and traumatic head injury - increasing the ABI list of standard definitions to 23. However, while this list may seem extensive enough, many providers still cover up to 40 illnesses as part of their CI offerings - a far cry from the four conditions covered when CI insurance was invented. Dread disease Launched in ...

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