"I believe that Joint Life First Event protection plans are largely obsolete in today’s world, delivering inferior consumer outcomes and lower levels of fair value." Clive Mayne
Iress Industry Voice
Critical Illness insurance plays a vital role in providing financial support during some of life’s most challenging moments. However, the complexities surrounding CI can leave both consumers and advisers grappling with its intricacies.
As the market evolves, so too do the challenges associated with understanding coverage, assessing the needs of clients, and ensuring that policies are tailored appropriately.
As technology continues to evolve, it holds the potential to address these issues and streamline the CI insurance process. I sat down with Clive Mayne from CIExpert to explore these challenges further.