1 BUSINESS CRITICAL PROTECTION ILLNESS COVER SETTING UP BUSINESS PROTECTION POLICIES COMPETITOR COMPARISON THE MARKET AT A GLANCE. We believe our Critical Illness Cover offers a competitive alternative to other solutions available today. This guide provides a quick-reference feature-by-feature comparison of the Critical Illness market. This is not a consumer advertisement and should not be relied upon by private investors or any other persons for making financial decisions.
CRITICAL ILLNESS COVER Legal & General AEGON AIG AVIVA CIC+ LV= Most Common Conditions Cancer ABI+ ABI+ ABI+ ABI+ ABI+ ABI+ ABI+ ABI+ ABI Heart attack ABI+ ABI+ ABI+ ABI+ ABI+ ABI+ ABI+ ABI+ ABI+ Multiple sclerosis ABI+ ABI+ ABI+ ABI+ ABI+ ABI+ ABI+ ABI+ ABI Stroke ABI+ ABI+ ABI+ ABI+ ABI+ ABI+ ABI+ ABI+ ABI+ Heart related conditions Aorta graft surgery ABI+ ABI+ ABI+ ABI+ ABI+ ABI+ ABI+ ABI+ ABI+ Cardiac Arrest Cardiomyopathy Coronary artery by-pass grafts ABI+ ABI+ ABI+ ABI+ ABI+ ABI+ ABI+ ABI+ ABI+ Heart valve replacement or repair ABI+ ABI+ ABI+ ABI+ ABI+ ABI+ ABI+ ABI+ ABI+ Open heart surgery Primary pulmonary hypertension Neurological conditions Alzheimer s disease ABI+ ABI+ ABI+ Benign brain tumour ABI+ ABI+ ABI+ ABI+ ABI+ ABI+ ABI+ ABI+ ABI+ Creutzfeldt-Jakob Disease (CJD) Dementia 1 Encephalitis Motor neurone disease ABI+ ABI+ ABI+ ABI+ ABI+ Multiple system atrophy Parkinson s disease ABI+ ABI+ ABI ABI+ ABI+ ABI+ ABI+ Progressive supranuclear palsy
Legal & General AEGON AIG AVIVA CIC+ LV= Immune system conditions Aplastic anaemia Systemic lupus erythematosus Disease and infection Bacterial meningitis HIV infection ABI+ ABI+ ABI+ ABI+ ABI+ ABI+ ABI+ ABI+ ABI+ Accident or disability Blindness ABI+ ABI+ ABI+ ABI+ ABI+ ABI+ Coma ABI+ ABI+ ABI+ ABI+ ABI+ ABI+ ABI+ ABI+ ABI+ Deafness ABI+ ABI+ ABI+ ABI+ ABI+ Loss of hands or feet ABI+ ABI+ ABI+ ABI+ ABI+ ABI+ ABI+ ABI+ Loss of speech ABI Paralysis of limbs ABI+ ABI+ ABI+ ABI+ ABI+ ABI+ ABI+ ABI+ Removal of an eyeball Third degree burns ABI+ ABI+ ABI+ ABI+ ABI+ ABI+ ABI+ ABI+ ABI+ Total and permanent disability 6 6 ABI+ 3,6 6 6 6 Traumatic brain injury Organ failure Kidney failure Liver failure Major organ transplant ABI+ ABI+ ABI+ ABI+ ABI+ ABI+ ABI+ ABI+ ABI+ Respiratory failure Other Spinal Stroke Terminal illness ABI ABI+ ABI+
Legal & General AEGON AIG AVIVA CIC+ LV= Additional payment conditions Ductal carcinoma in situ 25%/ 25,000 25%/ 25,000 4 25%/ 25,000 25%/ 25,000 25%/ 25,000 25%/ 25,000 25%/ 25,000 20%/ 15,000 20%/ 15,000 Lobular carcinoma in situ 25%/ 25,000 20%/ 20,000 4 25%/ 25,000 25%/ 25,000 25%/ 25,000 25%/ 25,000 25%/ 25,000 20%/ 15,000 Low grade prostate cancer 25%/ 25,000 25%/ 25,000 25%/ 25,000 25%/ 25,000 25%/ 25,000 25%/ 25,000 25%/ 25,000 20%/ 15,000 20%/ 15,000 Number of total additional payments included 2 15 10 8 16 8 20 18 10 3 13 Total conditions covered (including TPD) 42 59 43 64 8 64 65 54 44 58 Total ABI+ definitions 17 19 18 18 19 18 16 12 19 General Children s Critical Illness Cover 50%/ 25,000 50%/ 25,000 50%/ 25,000 50%/ 25,000 50%/ 25,000 50%/ 25,000 50%/ 25,000 50%/ 20,000 50%/ 25,000 Claims notification period NONE ASAP ASAP ASAP ASAP ASAP NONE 13 WEEKS 6 MONTHS Split sums assured (accelerated CIC) 5 Split sums assured (additional CIC) 5 General CIC exclusions 0 0 0 0 0 0 1 1 1 Source: company literature, correct as at April 2017. Legal & General accepts no responsibility for the way we have interpreted other provider s information. 1 Covered under Alzheimer s Disease. 2 30 consecutive days requiring mechanical ventilation. 3 ABI+ for suited occupation and work tasks definitions only. 4 Definition covers treatment by mastectomy only. 5 Split sums assured is defined as being able to provide different amounts of cover for term and CIC within the same application. Source: quotes from The Exchange. 6 Total & Permanent Disability is available on an optional basis. 7 Additional benefit of 5,000. 8 When upgraded to include additional payments.
Find out more about our Critical Illness Cover plans www.legalandgeneral.com/advisercentre protection/our-products/critical-illness-cover Legal & General Partnership Services Limited Registered in England and Wales No. 05045000 Authorised and regulated by the Financial Conduct Authority. Legal & General Assurance Society Limited Registered in England and Wales No. 00166055 Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Registered office for both firms: One Coleman Street, London EC2R 5AA W13049 04/17