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Skandia cics off with protect

Skandia Life has introduced Skandia protect – an individual critical illness plan that enables clients to renew their cover in 10 year chunks, without having to provide additional information about their health.

This rolling term approach can last indefinitely, but those who prefer fixed term cover can choose cover that lasts between five and 35 years.

Skandia Protect offers clients critical illness cover with or without life cover. There is a choice of single or joint cover and total permanent disability cover based on an own occupation definition of disability is available at an extra cost.

Skandia protect covers a range of 27 conditions and children of policyholders are automatically covered. Bupa has a similar critical illness plan that covers 29 conditions also includes children critical illness cover.

A 30-year-old non-smoking male requiring critical illness cover only on a £100,000 sum assured over 25 years would pay £23.21 a month under Skandia Protect and £29.41 under Bupa&#39s critical illness cover.

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