Alan Lakey: A must-read for advisers
"It illustrates that the vast majority of consumers are unaware that CIC plans exist "
ALAN LAKEY
The Critical Thinking 2024 report delved below the surface to find out what 5000 consumers understand about critical illness plans and highlighted a huge number of misconceptions.
It illustrates that the vast majority of consumers are unaware that CIC plans exist and those that do don’t understand the basics such as guaranteed premiums with a large percentage refusing to approach an adviser for fear of having to pay a hefty fee.
