View more on these topics

Aviva launches new group CI proposition

Aviva UK Health has launched a new group critical illness proposition.

Group customers can no choose from two levels of CI cover, either a standard list of illnesses and procedures or an extended list.

In a bid to reduce administration and simplify the application process a pre-existing condition exclusion applies to the product, removing the need for full medical underwriting.

Benefit is paid up to five times the employee’s salary, subject to a maximum of £500,000 gross.

Aviva UK Health head of group risk Steve Bridger says the product has been introduced in response to an increased customer demand.

He adds: “Our entry to the group CI market is a natural move which will give intermediaries a wider choice of provider.

“As a business, we’re committed to the group risk market and our recent product and service enhancements mean that we now offer some of the most competitive group income protection and group life terms in the market.”

Recommended

Simon Clamp: ‘Integrity personified’

Death of Simon Clamp

Friends Provident managing director of UK business Simon Clamp has died aged 51 following a short illness. He had been at Friends for eight years and previously worked for Scottish Equitable and Scottish life. Friends chief executive Trevor Matthews says: “The speed at which Simon’s health deteriorated came as a shock to us all. He […]

Stronger firms mean that targets are thinning out

Advisers believe Clive Cowdery’s consolidation vehicle Resolution could struggle to convince potential targets to surrender now that share prices have bounced back. The firm announced last Aug-ust that it was to acquire Friends Provident in a £1.86bn deal but has not done another deal since. Pharon IFA Nick O’Shea says: “Any company with that objective […]

Ballot papers

Money Marketing/YouGov monthly 300-IFA benchmark survey

Risk-free path to pensions is a myth

Robin Geffen, Fund Manager and CEO Are you taking enough risk? Robin Geffen, Founder of Neptune and Manager of the top performing Global Alpha Fund, discusses the importance of accepting enough volatility in planning for retirement. Click here to read the full article Important information Investment risks The value of an investment and any income from […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment