Brand Logo Moneyfacts Group plc
Telephone Icon T: 01603 476476 Email Icon E: enquiries@moneyfacts.co.uk LinkedIn Icon

Moneyfacts Critical Illness Cover Star Ratings announced

Image of the Moneyfacts Star Ratings Brand Logo Image of the Moneyfacts Star Ratings Brand Logo Image of the Moneyfacts Star Ratings Brand Logo
Rachel Springall, Press Officer
Rachel Springall, Press Officer / Finance Expert T: 01603 476210 E: Email Rachel
12/04/2022

A stellar year for the Moneyfacts Critical Illness Cover Star Ratings 2022

Moneyfacts is pleased to announce the Moneyfacts Annual Star Ratings 2022 for Critical Illness Cover.

  • The Moneyfacts Annual Star Ratings 2022 for Critical Illness Cover looks at the illnesses covered alongside level and decreasing term assurance.
  • Over 150 fields of information per product were collected for assessment.
  • The ratings cover over 70 illnesses, along with other crucial areas such as total and permanent disability (TPD) and less advanced cancers.

The products awarded Five or Four-Star Ratings offer the most comprehensive range of standout features and competitive charges, which set them apart from the rest of the market.

The instantly recognisable Moneyfacts badge of quality has for over 30 years helped inform consumers comparing critical illness cover. About nine out of 10 people agree that a Star Rating from an independent and impartial company could influence their decision in considering taking out a Financial Services product.* (*Source: Moneyfacts Group plc, Financial Services online consumer survey 4/21).

A stellar year for the Moneyfacts Critical Illness Cover Star Ratings 2022

Moneyfacts is pleased to announce the Moneyfacts Annual Star Ratings 2022 for Critical Illness Cover.

  • The Moneyfacts Annual Star Ratings 2022 for Critical Illness Cover looks at the illnesses covered alongside level and decreasing term assurance.
  • Over 150 fields of information per product were collected for assessment.
  • The ratings cover over 70 illnesses, along with other crucial areas such as total and permanent disability (TPD) and less advanced cancers.

The products awarded Five or Four-Star Ratings offer the most comprehensive range of standout features and competitive charges, which set them apart from the rest of the market.

The instantly recognisable Moneyfacts badge of quality has for over 30 years helped inform consumers comparing critical illness cover. About nine out of 10 people agree that a Star Rating from an independent and impartial company could influence their decision in considering taking out a Financial Services product.* (*Source: Moneyfacts Group plc, Financial Services online consumer survey 4/21).

This year’s Five-Star awarded providers include:

Aegon, Legal & General, LV= and VitalityLife.

 

FOR THE FULL LIST OF 2022 AWARDED CRITICAL ILLNESS COVER PRODUCTS, PLEASE CLICK HERE.

This year’s Five-Star awarded providers include:

Aegon, Legal & General, LV= and VitalityLife.

 

FOR THE FULL LIST OF 2022 AWARDED CRITICAL ILLNESS COVER PRODUCTS, PLEASE CLICK HERE.

Stephen Crosbie, Protection Director at Aegon, said:

“We value impartial recognition of our products as it helps advisers recommend us to their clients with confidence. So we’re delighted to have retained the maximum Five-Star rating from Moneyfacts for both our level and reducing critical illness protection.”

Lee Tillcock, Editor of Investment Life & Pensions Moneyfacts, said:

“Offering valuable protection, with providers frequently enhancing and improving their products, critical illness cover continues to be overlooked by many consumers but should be at the forefront of any protection planning. The Moneyfacts Critical Illness Star Ratings can help consumers choose, with confidence, a plan with flexible terms that covers a wide range of illnesses to the highest standard, offering vital protection in the unfortunate event that they need it.”

Stephen Crosbie, Protection Director at Aegon, said:

“We value impartial recognition of our products as it helps advisers recommend us to their clients with confidence. So we’re delighted to have retained the maximum Five-Star rating from Moneyfacts for both our level and reducing critical illness protection.”

Lee Tillcock, Editor of Investment Life & Pensions Moneyfacts, said:

“Offering valuable protection, with providers frequently enhancing and improving their products, critical illness cover continues to be overlooked by many consumers but should be at the forefront of any protection planning. The Moneyfacts Critical Illness Star Ratings can help consumers choose, with confidence, a plan with flexible terms that covers a wide range of illnesses to the highest standard, offering vital protection in the unfortunate event that they need it.”

Numerous features are considered when assessing the ratings, and some of these include:

Numerous features are considered when assessing the ratings, and some of these include:

Critical Illness Cover

Critical Illness Cover

  • Range and number of illnesses covered
  • Age of entry
  • Minimum and maximum terms
  • Ceasing ages
  • Policy terms
  • Minimum and maximum ages
  • Rate types
  • Range and number of illnesses covered
  • Age of entry
  • Minimum and maximum terms
  • Ceasing ages
  • Policy terms
  • Minimum and maximum ages
  • Rate types
  • Total and permanent disability (TPD) options
  • Conditions including:
  • Cancer
  • Heart attacks
  • Kidney failure
  • Major organ transplant
  • Terminal illness
  • Total and permanent disability (TPD) options
  • Conditions including:
  • Cancer
  • Heart attacks
  • Kidney failure
  • Major organ transplant
  • Terminal illness

Notes to editors

Pioneering financial comparison technology for over 35 years.

Moneyfacts Group plc is the UK’s leading provider of retail financial product data. Used by virtually every bank and building society in the UK, and supplied to the Bank of England, Financial Conduct Authority, Financial Ombudsman Service, HM Treasury, Prudential Regulatory Authority and UK Finance.

Our expert research team monitors the thousands of mortgages, savings, credit card, personal loan, business banking, life, pension and investment products in the UK.

Moneyfacts’ Star Ratings highlight the best quality financial products available based on an assessment of all their features and criteria. Moneyfacts Star Ratings logos act as an independent and impartial badge of approval and help customers easily spot which are the better deals to help them make important decisions with confidence.

The growing range of products currently assessed includes:

  • Personal Current Accounts
  • Personal Credit Cards
  • Business Current Accounts
  • Business Credit Cards
  • SIPP and SSAS
  • Equity Release
  • Home Insurance
  • Home Emergency Cover
  • Car Insurance
  • Travel Insurance
  • Pet Insurance
  • Private Medical Insurance
  • Unsecured Personal Loans
  • Landlord Home Insurance
  • Commercial Mortgage.

For more information about us please see our key facts.

To link to our website please use moneyfactsgroup.co.uk.

Broadcast

Our broadcast suite enables our finance experts to appear in-vision for television, and we regularly comment live on national and regional radio.

To arrange an interview for radio or television, please contact our press department. We have an in-house broadcast room.

 

Notes to editors

Pioneering financial comparison technology for over 35 years.

Moneyfacts Group plc is the UK’s leading provider of retail financial product data. Used by virtually every bank and building society in the UK, and supplied to the Bank of England, Financial Conduct Authority, Financial Ombudsman Service, HM Treasury, Prudential Regulatory Authority and UK Finance.

Our expert research team monitors the thousands of mortgages, savings, credit card, personal loan, business banking, life, pension and investment products in the UK.

Moneyfacts’ Star Ratings highlight the best quality financial products available based on an assessment of all their features and criteria. Moneyfacts Star Ratings logos act as an independent and impartial badge of approval and help customers easily spot which are the better deals to help them make important decisions with confidence.

The growing range of products currently assessed includes:

  • Personal Current Accounts
  • Personal Credit Cards
  • Business Current Accounts
  • Business Credit Cards
  • SIPP and SSAS
  • Equity Release
  • Home Insurance
  • Home Emergency Cover
  • Car Insurance
  • Travel Insurance
  • Pet Insurance
  • Private Medical Insurance
  • Unsecured Personal Loans
  • Landlord Home Insurance
  • Commercial Mortgage.

For more information about us please see our key facts.

To link to our website please use moneyfactsgroup.co.uk.

Broadcast

Our broadcast suite enables our finance experts to appear in-vision for television, and we regularly comment live on national and regional radio.

To arrange an interview for radio or television, please contact our press department. We have an in-house broadcast room.

 

Contact Us If you're looking for extra comment, a chart or more information, then please give us a call. We are always more than happy to help.
James Hyde Press & PR Manager
Rachel Springall Press Officer / Finance Expert
Caitlyn Eastell Apprentice Press & PR Assistant