Skandia have decided to cease offering new Critical Illness policies. This is a real pity as it has been one of the market leading protection policies for many years. They will continue to permit existing policyholders to top up their cover, but not take out any new policies. Skandia were one of the very best in this field, but seem to have taken a commercial decision to focus on investments (including pensions). I can see from their perspective that this makes sense, but have to admit that it is not good news for consumer choice.
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