Protection provider Scottish Provident has been awarded the maximum 5 Star Rating by Defaqto for its critical illness product for the sixth year in a row.
The rating applies to Scottish Provident’s Self Assurance range of critical illness cover, including critical illness level term, critical illness decreasing term and critical illness stand alone insurance, all of which are sold via intermediaries.
A Defaqto Star Rating that ranges from 1 (basic) to 5 (excellent) is awarded once a team of researchers and industry analysts have reviewed nearly 3000 financial products in 30 different product areas. The rating reflects the quality of a financial product and helps consumers make more informed choices when deciding on a financial product.
Ben Heffer, insight analyst at Defaqto said: “Scottish Provident’s Self Assurance critical illness plan is one of the best on the market and the product has consistently scored well for features and benefits for both stand alone