What are the key changes from the Previous 37 Critical Illness Conditions
Source: LIA summary of changesAnalysis of the key changes by understanding the TOP 5 CI claims
Do you know that 90 per cent of all severe stage claims received by life insurers are for five critical illnesses: major cancer heart attack of specified severity stroke with permanent neurological deficit coronary artery bypass surgery end-stage kidney failure.This part is to examine how the new definitions reduce ambiguity.
1) Major Cancer:
It is now specified that: "Major Cancer diagnosed on the basis of finding tumour...