View more on these topics

Axa enhances CI plan

Axa has enhanced its critical illness plan by reducing premiums and improving definitions.

Enhancements include low-grade prostate cancer cover, enhanced children’s cover and premium reductions where Axa is unable to cover certain individuals for cancer and multiple sclerosis

For people with children Axa has increased the percentage of the sum assured they will pay under the children’s cover benefit from 25 per cent to 50 per cent, or £25,000, whichever is lower as part of their CI cover. The number of children eligible for cover has now doubled from two to four.

Axa protection portfolio manager David McCormack says: “Evolving our critical illness cover so that our definitions are clearer and to ensure it continues to meet the needs of our consumers is essential. As we all know life isn’t straight forward and by offering greater flexibility through premium reductions and additional benefits, we want to ensure that people are covered fairly and for as many relevant circumstances as possible.”   

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment