The ABI's latest draft of the critical illness cancer definition excludes some forms of prostate cancer. Kirstie Redford takes a look at how this may impact future cover and asks if it is time for a change?
With the Government's announcement to introduce population-based prostate screening in order to increase detection of prostate cancer before it becomes life threatening, critical illness (CI) providers have had to think quickly in case claims spiral out of control. The Association of British Insurers (ABI) Critical Illness Working Party did not stall in its reaction to the news and published a consultation paper in April this year, outlining possible solutions to the potential threat. After receiving the industry's views, the party now believes a change to the cancer definition is the best ...
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