New capacity likely to save guaranteed CIC

Industry discussion at the end of 2003 had suggested guaranteed CIC might beon its way out as a product favoured by IFAs, because a lack of availabilityin the insurance market was forcing premiums to climb or pushing CI providersout of the guaranteed market. However, changes to CI policy terms – such as removal of angioplasty as a recognised critical illness – have also been made since December, says Kevin Carr, spokesman for Lifesearch. Removing surgery such as angioplasty from the recognised critical illness list is a sensible move, suggests Carr, because such treatment now being us...