Ageas has improved its terms across a range of critical illness conditions, including a partial payout for those insulin-dependent diabetes.
The insurer will pay out the lower of £25,000 or 25 per cent of the insured sum if diagnosed with insulin-dependent Type 1 diabetes. The cover will apply to adults aged 21 or over.
It has also amended definitions for conditions such as heart attach, stroke, blindness, breast cancer and Parkinson’s Disease.
CIExpert director Alan Lakey says: “The major improvement in these changes is the extension to cover for adults younger than 40 for insulin-dependent diabetes which typically affects the 15 to 24 years age group more than any other.
“Ageas is the first of many other providers that will be looking at making these kind of changes. People are starting to pay more attention to the conditions that are actually covered by CI. Many incorrectly assume that any illness they deem to be critical is covered in their policy which is sadly just not the case.”