Critical Illness - Unum Provident: tailor-made cover to halve premium
Critical illness insurance premiums can be reduced by as much as 50% if policyholders are allowed to...
Critical illness insurance premiums can be reduced by as much as 50%if policyholders are allowed to tailor-make their own cover, according to
income protection specialist Unum Provident.
The insurer has launched a product called Elixia 123, which allows
customers to choose one of three groups of risks.
Elixia's category one covers diseases such as invasive cancer and severe
strokes, which are life-threatening or result in major lifestyle
changes.
The second category covers conditions that impact
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