Legal & General has enhanced its critical illness plan by providing additional cover for low grade prostate cancer and three improved definitions.
The insurer will now offer a partial payout of £25,000 or 25 per cent of the sum assured for low grade prostate cancer, whichever is lower.
L&G has also upgraded its definitions for cancer, stroke and multiple sclerosis to Association of British Insurers plus status, the industry benchmark for CI definitions. The insurer now has 14 ABI+ definitions.
It has also increased the maximum age for child cover from 18 to 21 if they are in full time education.
After a claim on a joint life policy, L&G will now allow the non-claimant can request reinstatement after completing a health declaration.
L&G product and technical director Bonnie Burns says: “Our customers want to know that should the worst happen they have the cover in place that will do what it promised when they bought it. These enhancements will help us ensure we deliver on that promise.”
Last month, Aviva improved its critical illness cover plan by covering three new conditions and upgrading five of its illness definitions.