Insurer Zurich has enhanced its critical illness (CI) product by introducing partial payments and a number of new conditions, following input from advisers.
The insurer has targeted particularly the breast cancer market where patients will receive partial payments for all stages of cancer and will be able to choose between more treatment options. Customers claiming under CI will receive a payout of 20% of their sum assured or up to £15,000 following the introduction of partial payments. The insurer also increased the number of conditions covered under CI to 48. Zurich UK Life head of retail propositions Peter Hamilton said: "We have introduced these changes to our product following input from advisers, their customers and our expert un...
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