Royal Liver launches new critical illness insurance product

Royal Liver is planning to launch a new guaranteed critical illness product.

 

Available from 23 October.

 

Cover will be provided as an accelerated benefit with a choice of level, increasing and decreasing term assurance and family income benefit.

 

The product, called Progress, will replace Royal Liver's current reviewable CI product of the same name.

 

The definitions have also been changed to comply with the Association of British Insurers latest minimum definition standards.