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Lloyds Bank Hospital Cash cancelled - Cigna
DaveJarvis
Posts: 4 Newbie
I have had a Lloyds Bank Hospital Cash Plan for over 30 years. The benefits build as you pay the yearly premiums and I was relying on this to pay some cash back if ever I had to go into hospital. The policy was bought (transferred) to First Assist from Lloyds and then when First Assist and Cigna merged was transferred to Cigna. They have just written to me to say they are unilaterally cancelling the plan and that I should approach another provider. I will never get the cover this offers for anything like this premium because I have aged 30 years! Anyone else in the same predicament and if so can we do anything about it?
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Comments
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Answered on duplicate post.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0
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The merchant can cancel a cash plan like this.
You will be able to find similar cash plan policies that after 12 months will cover you for all existing conditions should you be hospitalised
During the first year you can expect to receive payments for the usual (dental/opticians/physio,/ chiropody etc)0
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