TITLE

ABI move to axe TPD could boost severity products

AUTHOR(S)
Scott, Tracey
PUB. DATE
July 2009
SOURCE
Money Marketing;7/23/2009, p7
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the plan of the Association of British Insurers (ABI) in scrapping total permanent disability (TPD) policy from being covered under the critical-illness insurance product in 2009. Actuarial product director Deepak Jobanputra stresses that the plan by ABI will allow providers to consider severity-based products. Jobanputra adds that the payment of claims can be done sooner under the severity-based policy.
ACCESSION #
44053311

 

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