“When it comes to critical illness plans, inevitably there will be some medical terms that most of us struggle with, which is why initiatives like this are so important,” he said.
“People with serious illnesses will be talking to their physicians regularly, so putting wordings into language doctors can easily understand is a natural and welcome development.”
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McKenna explained this new work does not conflict with the existing work by the Association of British Insurers on minimum standards which was passed over from the IFAA in 1999.
amy.austin@ft.com
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