Universal Provident unveils budget hybrid product

The Oasis policy combines health cash plan, critical illness and hospital stay benefits. Its health cash benefit pays a cash sum of up to £5,000 depending upon the procedure required or condition suffered. The critical illness element pays up to £15,000 should the client suffer from cancer, heart attack, stroke or bacterial meningitis and the hospital plan pays a cash sum for each night spent in hospital after the first three. As with most of Universal Provident's range, the product is underwritten in-house. Oasis is available on both an individual and group basis, with commissi...