Guaranteed critical illness rates have generally increased over the last two months but there is still no sign of the market making the "seismic changes" predicted last year, according to Lifesearch.
Details of the fourth quarterly Lifesearch Protection Report looks at the current status of the CI market and suggests most providers have increased their premium rates slightly, even though other products elsewhere still have much lower prices. A table of critical illness providers gives a brief summary of current terms they offer and how they might also change over the last three months. Evidence presented by Lifesearch shows a life policy costing £30 per month in 1999 would today cost nearer £22. A guaranteed rate critical illness policy, however, has rocketed over the same period ...
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