Wednesday, June 13, 2007

 

Eastbridge's Critical Illness Study Finds a New Generation of Voluntary Plan

Since the introduction of worksite critical illness products in the mid to late 1990s, there have been a number of additions/revisions to the product. For one, group critical illness products have gained a greater share of the market, now accounting for roughly 40 percent of critical illness sales. This is most likely due to the influx of group carriers to the market. Additionally, the newer generation plans typically pay a benefit more than one time by “categorizing” the covered conditions.

Eastbridge's Critical Illness Study Finds a New Generation of Voluntary Plan
Source: Insurance News Net

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