V is for vague

If a week is a long time in politics, the month of January proved to be an absolute age in the world of protection. Virgin Money's launch of its cancer-only plan, The Big V, has created such a stir that ripples are still pervading through the sector. Needless to say, the comments have been far from complimentary, mainly due to the lack of clarity regarding the marketing of the product. While advisers have slammed the fact that the product is cheaper than critical illness (CI) because it only covers cancer, Virgin and Scottish Widows have hit back at the criticism by pointing out that it w...