Britons who presently have a
life insurance policy could see the critical illness aspect of their cover changing in the near future.
The Association of British Insurers (ABI) has outlined plans to improve clarity for consumers in regards to total permanent disability benefit in critical illness insurance policies.
Nick Kirwan, the ABI's assistant director for health and protection, said: "It is vital that customers understand what their critical illness policy does and doesn't cover. The approach we are adopting builds on our previous work to create more descriptive headings and clearer definitions."
The ABI hopes to publish a clear and easy-to-understand set of definitions for critical illness policies in the near future.
Elsewhere, Dr Laura Bell, science information officer at Cancer Research UK, recently said Britons worried about their health should look to lead a healthier lifestyle and the best ways to achieve this are to give up smoking, get more exercise and to eat a nutritious, well-balanced diet.
InsureandGo offers life insurance policies for Brits.
