Enhancements | - Introducing term 20 critical illness insurance
- No more fluid underwriting requirements for ages 18-40, coverage amounts $100,001 to $250,000
We'll also include the following updates we told you about earlier this year: - Critical illness insurance coverage amounts increased to $3 million from $2.5 million (effective Jan. 1, 2020)
- Remove electrocardiograms (ECGs) from underwriting requirements (effective Feb. 20, 2020)
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| Critical illness insurance reprice | We'll reprice all adult critical illness insurance plans and most additional benefits (riders). Most plans will increase in price, with an overall average increase of 5%. However, on average, term 10 plans will go down in price by 3%, while term-to-age 75 plans will decrease by 1%. |
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