Hi everyone, we are back a little later than usual with the second episode of Season 7. Don’t worry I’m going to make up for it with an inbetweenysode soon. We have Paul Roberts from CIEXpert joining us on this episode to talk about critical illness cover and how it has changed since it became available in the UK 40 years ago.

We are talking about the numbers race with insurers competing to have the highest number of conditions offered, partial payments, children’s cover and the big risks that can come from replacing an existing critical illness policy with a new one.

The key takeaways:

• The number of conditions covered in a critical illness contract isn’t a clear indicator of quality, take a close look at claim definitions.
• 
  
• Standalone critical illness cover comes with a survivability clause, if the person dies from the condition within a certain period of time, the policy will not pay out.
• 
  
• When you replace a critical illness policy with a new one, you need to make sure that you know the risks of doing so.

Next time I will be hosting a mini episode where I talk about updates to HIV underwriting within the UK. The last time I did a HIV focused episode was in June 2020 and you will be surprised by how much has changed.

Remember, if you are listening to this as part of your work, you can claim a CPD certificate on our website, thanks to our sponsors Octo Members.

If you want to know more about how to arrange protection insurance, take a look at my 13 hour CPD Protection Insurance in Practice course here and 1 hour CPD Protection Competency Exam here.