In reference to The Story of Specified Serious Illness Cover by Colette Houton.
Health insurance coverage is expanding its benefits to better cover individuals. This is to better adapt to the changing medical world. New policies you can look forward to is partial coverage for early-diagnosed cancer, expanding the amount of diseases covered, coverage for children from birth, and organ donor coverage.
The medical world is constantly improving with new technology and software to keep up with the new medical discoveries. The health insurance industry has to keep up with these changes. They recently have made some strides to better cover their clients. They did this because they know how relieving it is for a client when they know their disease is covered.
A new stride has been partial coverage for early detected cancer. Since new medical technology, cancer is diagnosed far earlier than when a client is entitled to the full claim. Even when it is discovered earlier many times people still have to go through extensive surgery and medical tests. To help, the insurance industry, specifically Royal London’s policy, has updated for their clients to partial claim, before the full claim stage, for up to €15,000. This does not affect the amount assured.
The insurance industry has also updated to cover a more immense set of diseases and better cover the common diseases such as – heart attack, stroke, multiple sclerosis and cancer. They broadened the definition of these diseases to better serve the clients.
Another additions made to Royal London’s Insurance policy, that one could look forward into expanding to other insurance companies, is coverage of serious illness from children from birth, rather than a year, and organ donor coverage.
The Specified Serious Illness Coverage is expanding and we can look forward to the benefits in our own insurance as our medical world is constantly evolving.