Bright Grey upgrades its critical illness cover
14 September 2015
Bright Grey - part of the Royal London Group - is enhancing its critical illness cover on 14 September. The enhancements also incorporate the requirements of the ABI's Statement of Best Practice for critical illness.
Bright Grey has added spinal stroke to its full payment definitions and upgraded the Parkinson's disease definitions to ABI+. The Multiple Sclerosis definition has been simplified, and both breast and prostate cancers additional conditions have been enhanced.
There are also changes to a number of full payment and severity definitions including cancer, heart attack and children's critical cover. Furthermore, the maximum payment available under Bright Grey’s severity definitions has also increased to £25,000 or 25% of the sum assured, whichever is lower.
Debbie Kennedy, Head of Protection Proposition Design for Royal London, said:
“We've continued to focus on making changes which affect our most claimed for conditions; to make improvements that result in more claims paid and faster payments to customers. It’s also important for us to improve clarity in our definitions, to supplement the ABI Statement of Best Practice. During 2014, Bright Grey’s protection proposition was significantly developed, to enhance services for advisers and their clients. These latest developments are the latest improvements to its critical illness cover proposition”.
- Customers and their immediate family continue to have access to the Helping Hand support service from the day their menu and relevant life plans start - even if there's no claim.
For further information please contact:
Nancy Baynes: PR Manager: firstname.lastname@example.org / 020 7506 6585 / 07919 170524
About Royal London
Royal London is the largest mutual life, pensions and investment company in the UK, with Group funds under management of £83.4 billion. Group businesses serve around 5.3 million policyholders and employ 2,922 people. (Figures quoted are as at 30 June 2015). The Group is currently moving all of its UK and Ireland life, pension and investment businesses under a new version of the Royal London brand. Scottish Provident and Bright Grey will rebrand as Royal London late in 2015; the Group's independent wrap platform will remain branded Ascentric.