Royal London has made changes to its income protection proposition including fracture cover, hospitalisation payment and an additional payment on death.
Under 'Fracture Cover', policyholders could receive up to £4,000 per claim with a maximum of two claims accepted in each 12-month period. Multiple fractures are covered up to the £4,000 claim limit. In addition, the hospitalisation payment provides £100 per night if more than six consecutive nights are spent in hospital during the deferred period including connected claims, up to a maximum of 90 nights during the term. Other features include additional payment on death - where a payment equivalent to 12 months' premiums will be made if death occurs during the policy term. The insur...
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