ABI to introduce new TPD definitions

In a move to improve clarity for consumers, the Association of British Insurers (ABI) is set to revise and standardise definitions of Total Permanent Disability (TPD) benefit in critical illness insurance policies.

Following a consultation on measures to increase TPD understanding, ABI is planning to introduce new simplified definitions of terms as part of a statement of best practice for critical illness cover.

Nick Kirwan, the ABI's Assistant Director, Health and Protection, said: "It is vital that customers understand what their critical illness policy does and doesn't cover.

"The approach we are adopting builds on our previous work to create more descriptive headings and clearer definitions. We heard that people want standard definitions, and that education and clarity are key to improving understanding."

In related news, Bupa was recognised by the Welsh Care Awards earlier this month for creating a training aid that demonstrated best practice use of bed rails in order to improve the safety of care home residents.

Circle Healthcare, the private healthcare firm which recently took over the failing NHS Hinchingbrooke Hospital , is set to develop its first hospital in Scotland. Circle Healthcare, run as a John...

Private healthcare provider Nuffield Health has been awarded the National Health Service Litigation Authority’s (NHSLA) Level Three Award for risk management. Nuffield Health is now the only private hospital...

With experts warning that the London 2012 Olympics will be a hotbed for diseases from around the world, private medical cover will ensure that you receive the highest level of healthcare if the NHS is put...

After we previously reported that prostate cancer drug abiraterone has been deemed by NICE as too expensive for use on the NHS, health insurers are now coming forward to offer cover for the drug. NICE had...

A new survey has found that Brits are twice as likely to gamble with their health than with their money or their career. AXA Wealth carried out a survey of 2008 adults, and found that nearly a fifth (18%) of...