PruProtect improves serious illness cover

New conditions have been added to extend the scope of cover as well as to reflect medical advances and their impact on lifestyles.

The new product now features:

• 8 new conditions (7 of which are unique in the UK market)
• Premium reductions where a cancer exclusion is applied
• Comprehensive Cover now covers 161 conditions
• Primary Cover now covers 100 conditions
• Plus, a number of enhancements to other existing definitions as well as 17 ABI+ definitions

The new conditions covered are:

• Lumpectomy for Ductal Carcinoma in Situ of the Breast (DCIS)
• Carcinoma in Situ of the Oesophagus – requiring surgery
• Severe Inflammatory Crohns disease
• Encephalitis
• Craniotomy
• Guillain-Barré Syndrome
• Spinal Tumours
• Pemphigus Vulgaris

These new definitions, as well as enhancements to other existing conditions such as Heart Attack, will be applied to all existing policy holders with no change in their premium. Plus, where a full cancer exclusion applies PruProtect will reduce the premium to reflect the restriction of cover that applies on existing policies.

Deepak Jobanputra, actuarial & product director for PruProtect, said: “We are covering conditions that impact people lives at all ages. While it is great that more providers are beginning to cover mastectomy, less than a third of DCIS diagnoses are treated this way, which is why we are adding lumpectomy.”

Matt Morris, senior policy adviser at LifeSearch said: "The new improvements from PruProtect have made a strong product even stronger. Cancer is a major reason for claims so premium reductions will mean customers that have this condition excluded from their policy will be compensated with a better premium. It is the right thing to do and PruProtect should be commended."

SIGN UP FOR NEWS ALERTS