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You searched for the term critical illness Your search returned the following 40 results...
 
  • Children's Critical Illness Cover | Personal Menu Plan - Royal London for advisers

    Details of our Children's Critical Illness Cover We know that when it comes to children’s cover, what suits one client might not suit another. So when your clients take out Critical Illness Cover with us, they can choose to add Enhanced Children’s Critical Illness or Standard Children’s Critical...

  • Children's Critical Illness Cover | Business Menu Plan - Royal London for advisers

    Children’s Critical Illness Cover We know that when it comes to children’s cover, what suits one client might not suit another. So when your clients take out Critical Illness Cover with us, they can choose to add Enhanced Children’s Critical Illness or Standard Children’s Critical Illness Cover...

  • We've improved our critical illness definitions - Royal London for advisers

    We've improved our critical illness definitions Jo McIntosh 26 February 2019 Technology is constantly evolving – so we’ve updated our CI definitions to keep up with the times. This evolution is happening in everyday life - for example I can’t imagine my life without having an ‘Alexa’ in most rooms...

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    Critical Illness Cover

    Blog

    Personal protection

  • Financial underwriting limits - Royal London for advisers

    ...insurers. Select product type Personal Menu Plan Business Menu Plan Relevant Life Plan Select cover type Life Cover Critical Illness Cover Life or Critical Illness Cover Income Protection IHT Mitigation Life Cover Critical Illness Cover Life or Critical Illness Cover Income Protection Key Person Income...

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    Underwriting

  • See how easily you can double your clients’ cover - Royal London for advisers

    , but what it doesn't do is make the best recommendation for their needs. Separate covers v joint life cover Let's consider a plan for a non-smoking couple, both aged 30. They might come to you having made the decision that they want £100,000 joint life cover and £25,000 of joint critical illness...

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    Blog

  • Guide to business protection - Royal London for advisers

    ...the shares of a deceased or critically ill shareholder. In this situation, the Company would take out a plan on the life of the shareholder so that in the event of their death or critical illness, the proceeds of the plan would be payable to the company enabling it to purchase the shares...

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    Business

  • Target Market Statements - Protection products - Royal London for advisers

    . Personal Menu Plan Personal Menu – Life Cover Personal Menu – Life or Critical Illness Cover Personal Menu – Critical Illness Cover Personal Menu – Income Protection Personal Menu – Waiver of Premium (sickness) Business Menu Plan Business Menu – Income Protection Business Menu – Waiver of Premium (sickness...

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    Personal

    Business

    Life Cover

    ...

  • Accidents will happen - Royal London for advisers

    , knowing that our household spend was about to increase.  Nursery fees and nappies don’t stop just because you’re very ill. It was then we realised the significance of children’s critical illness cover being included in our plan. Even though it had always been there, we’d had no need to consider its...

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    Personal

    Campaign

    Critical Illness Cover

    ...

  • Medical underwriting limits - Royal London for advisers

    ...life, second event) Critical Illness Cover Life or Critical Illness Cover Income Protection or Key Person Income Protection Select age range Up to and including 29 years 30 to 34 years 35 to 39 years 40 to 44 years 45 to 49 years 50 to 54 years 55 to 59 years 60 to 64 years 65 to 69 years 70 to 74...

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    Underwriting

  • Business protection - Shareholder protection - Royal London for advisers

    ...by the estate and cash will come in. So, the shareholder hasn’t left shares in a private limited company for their beneficiaries but a lump sum of cash – and cash is fully subject to IHT. What’s the position on critical illness? A critically ill shareholder may not be able to contribute to the company and may...

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    Business

    Key Person Cover

    Loan protection

  • Service and support - frequently asked questions - Royal London for advisers

    ...or a double option in the event that one of the owners is diagnosed with a critical illness. The single option gives the ill person an option to sell their share of the business to the other owners. If exercised, the other owners must buy the ill person’s share, but there is no option for the other...

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    Frequently asked questions

  • Childhood cancer awareness month - Royal London for advisers

    ill. But if their child did fall ill, they wouldn’t want the additional stress that financial pressures would cause them. That’s where critical illness cover can help. Our approach When designing our propositions we consider potential vulnerable customers – like parents of children with cancer...

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    Blog

  • Key person protection – Shareholder protection - Tax implications - Royal London for advisers

    ...arrangement will be trustees. The trust should be accompanied by an agreement governing the transfer of the shares. Typically this will be a cross option agreement on death and single option on critical illness. If the settlor suffers a critical illness and doesn’t want to sell their shares...

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    Business

    Key Person Cover

    Loan protection

  • Reasons why (personal) - Royal London for advisers

    Reasons why (personal) To help you explain the reasons for recommending a Royal London Personal Menu Plan, we've produced various paragraphs that describe our company as well as the features and benefits of our products. Why Menu Personal Menu Plan Life Cover Critical Illness Cover Life or Critical...

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    Reasons why

  • Embrace simplicity! - Royal London for advisers

    Embrace simplicity! 25 October 2016 When I first took out critical illness cover, I was overwhelmed. It wasn’t just the form filling, it was finding out about the sheer number of illnesses I was covered for. Did it give me peace of mind that I was covered for neuromyelitis optica or systematic...

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    Blog

  • Business protection - Key person protection for Partnership, LLPs and Sole traders - Tax implications - Royal London for advisers

    Business protection - Partnership, LLPs and sole traders - Tax implications One of the main reasons why more key person plans aren’t written is because of uncertainty over the tax treatment of premiums and benefits. Key facts A key person is someone whose death, critical illness or disability would...

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    Business

    Key Person Cover

    Loan protection

  • Life begins at… - Royal London for advisers

    ...a need for added value services like Helping Hand. So as I embrace my half century – and no, it isn’t all about varifocals and cruise ships – I hope I’ll never have to make a claim on my critical illness cover. But knowing it’s there with additional support services that I could call on if needed...

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    Blog

  • It’s in the stars ! - Royal London for advisers

    It’s in the stars ! Ben Heffer 8 March 2016 February saw the annual launch of Defaqto’s Star Ratings and Diamond Ratings – Star Ratings for products and Diamond Ratings for funds. This year, we have once again awarded our highest Rating of 5 Stars to Royal London's Critical Illness Cover, Income...

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    Blog

  • Business protection - Partnership and membership protection – tax implications - Royal London for advisers

    ...the surrender value will be less than the premiums paid. Critical illness is not a chargeable event (section 484 (1) ITTOIA 2005). What are the implications of using a discretionary business trust? The trust is subject to the ‘relevant property’ regime applying to discretionary trusts. This regime can result...

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    Business

    Key Person Cover

    Loan protection

  • Business protection - Partnership and membership protection - Royal London for advisers

    , business property relief will be available for qualifying business assets. Life cover is set up in the same way as for the buy and sell agreement. What if critical illness is included? Critical illness cover for partnership or membership protection can be as important as life cover. Critical illness...

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    Business

    Key Person Cover

    Loan protection

  • Business protection – Companies – Tax implications - Royal London for advisers

    A key person is someone whose death, critical illness or disability would have a serious effect on the future profits of the business. Taxation treatment depends on the facts of a particular case and the practice of the local inspector of taxes. The proceeds will generally be taxable and the premiums...

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    Business

    Key Person Cover

    Loan protection

  • Backwards and Forwards - Royal London for advisers

    ...press recognising our step away from the ‘numbers race’ when it comes to critical illness cover.  By providing better quality cover for the most claimed-for conditions, advisers should find it easier to recommend the right product. We know the industry continues to make efforts to improve...

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    Blog

  • Opportunities - Royal London for advisers

    ...should a director, partner, member or key employee suffer a critical illness or die. There are three main types of business protection: Key person protection - to protect against loss of revenue if a key employee dies or can’t work because they’re critically ill. Ownership protection (also known...

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    Business

  • The risks your clients face without income protection - Royal London for advisers

    The risk your clients face without income protection Tracey Miller 19 February 2019 Perhaps income protection and critical illness cover could be even more important than life insurance for your clients. Christmas might seem like a distant memory now. The ceremonious switching on of lights...

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    Personal

    Critical Illness Cover

    Income protection

  • Shareholder & partnership protection - Royal London for advisers

    . Introduction please select Introduction Cover purpose please select Individual or company share purchase Automatic accrual Type of cover please select Life Cover Critical Illness Cover Life or Critical Illness Cover Method of payment please select Level cover Increasing cover Method of calculation...

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    Tools and support

  • Good parent portfolio - Royal London for advisers

    ...in case you become seriously ill? What about if you had an accident or illness that wasn’t critical, do you have income protection? Do you have enough money to pay off loans and maintain your lifestyle if anything happened to you? Supporting you with the sale Our marketing studio site gives you...

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    Good parent portfolio

  • Free Cover - Royal London for advisers

    ...limits of: Life Cover for £1,000,000 or the equivalent amount for a cover payable as regular payments – so for a 25 year term, the maximum would be £1,000,000 divided by 25 Critical Illness Cover and Life or Critical Illness Cover for £500,000 or the equivalent amount for a cover payable as regular...

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    Underwriting

  • Business protection - Partnerships, LLPs and sole traders - Introduction - Royal London for advisers

    Business protection - Partnerships, LLPs and sole traders - Introduction People are critical in small businesses. If an owner or key employee dies or falls ill, the impact on the business can be huge. Key facts People are critical in small businesses. Business protection lets owners plan...

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    Business

    Key Person Cover

    Loan protection

  • Trusts - frequently asked questions - Royal London for advisers

    ...is payable as this has no value in your client’s estate when they die. If the claim is on death or diagnosis of terminal illness, a critical illness or Total Permanent Disability, there will be no immediate liability to inheritance tax as this will not be part of your client’s estate. However...

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    Frequently asked questions

    Trusts

  • Why choose Royal London for protection - Royal London for advisers

    ...protection plans Build personalised protection plans to suit your clients’ individual needs, no matter what life stage they’re at. Combine Life Cover, Critical Illness Cover, Life or Critical Illness Cover and Income Protection in one plan. We even have cover designed specifically for people...

  • Three new opportunities in the protection market - they're not what you think! - Royal London for advisers

    ...our State of the Protection Nation report show that protection take-up is still worryingly low - just 35% of people have life insurance, 12% have critical illness cover and 9% have income protection.1 And while more people with a mortgage have taken out protection, the numbers are still nowhere...

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    Personal

    Blog

    Personal protection

  • Business protection – Companies - Key person protection - Royal London for advisers

    ...they overlooked themselves? What might happen to the business if a shareholder/director died or suffered a critical illness? Would the company be able to continue trading? What would be the cost of replacing a key person? Would the surviving spouse or beneficiaries want to become involved? Would...

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    Business

    Key Person Cover

    Loan protection

  • Business protection - Shareholder protection – Company buyback of own shares - Royal London for advisers

    ...will be the people covered. The plans are life of another and no trusts are needed. The Companies Act 2006 legal requirements must then be satisfied before the buyback can take place. The company will pay the premiums and get the proceeds of the life and/or critical illness plans on the shareholders...

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    Business

    Key Person Cover

    Loan protection

  • How family income benefit can provide an affordable protection solution - Royal London for advisers

    ...for not owning life insurance (29%), critical illness (32%) or income protection (31%). But protection doesn’t have to cost as much as they might think and there are a number of options available to keep the cost down. One of those options is family income benefit. What is family income benefit? Family...

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    Blog

  • Adding real value, and making a difference - Royal London for advisers

    Adding real value, and making a difference Jane Wilson 11 July 2016 We want to give your clients the support they need when they need it most. In the event of a critical illness diagnosis, or the death of a loved one, money wouldn’t be the first thing on most people’s minds. Imagine you're...

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    Blog

  • Why some claims get rejected and what you can do to help - Royal London for advisers

    ...to discuss it at the start where it can be evaluated, rather than at the end when it’s too late. Critical illness It’s interesting to look back at old critical illness (CI) claims statistics, as CI definitions have generally become wider, covering more over time. Now we pay claims every year for ductal...

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    Underwriting

    Claims

    Blog

  • Our trusts - Royal London for advisers

    ...for relevant life plans taken out by an employer wishing to provide death in service benefits for employees. Split trust Used where a plan owner wants to place life cover in trust for their chosen beneficiaries but retain access to certain other benefits such as critical illness cover. Which trust to choose Need some help choosing the right trust for your client? Use our handy trust picker.

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    Trusts

    Business protection

  • The gift trust - Royal London for advisers

    ...holder to receive the proceeds if they’re still alive 30 days after the death or diagnosis of a terminal illness of the first life assured. It’s usually only used with plans that pay out on death or terminal illness, as the trust doesn’t allow the plan owner to receive any critical illness benefit...

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    Trusts

  • The split trust - Royal London for advisers

    The split trust We've designed the split trust for use where your clients want to put their life cover in trust for their chosen beneficiaries but retain access to certain benefits, for example income protection or critical illness cover (where they survive diagnosis by 30 days). Get our literature...

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    Trusts

  • How protection can save Christmas - Royal London for advisers

    ...client, this will increase the financial pressure on their family. With these knock-on effects, it’s even more essential that Santa has plans in place to ensure he and his family are protected and can afford to continue paying the costs of day to day life in the North Pole. Our critical illness...

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The Royal London Mutual Insurance Society Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. The firm is on the Financial Services Register, registration number 117672. It provides life assurance and pensions. Registered in England and Wales number 99064. Registered office: 55 Gracechurch Street, London, EC3V 0RL.