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Pet cover trumps income protection as insurance priority
New research has uncovered an alarming trend which could leave many people struggling to pay their bills if they were unable to work due to illness or injury. LV’s fourth Reaching Resilience...
Read moreFCA protection market study workshop to feature three advice bodies
Three adviser groups will be represented at the Financial Conduct Authority’s (FCA) pure protection market study stakeholder workshop. The workshop will bring together adviser, insurer and consumer representatives, primarily through seven trade...
Read moreYounger generations key to increasing UK’s chronic lack of IP – Nash
There are encouraging signs that attitudes to income protection (IP) have shifted, with many young people now more open to it than older generations. The protection industry has historically struggled to engage...
Read moreWoA Convention: AI tackling shortage of health workers, improving care and a ‘fundamental tool’ for monitoring hospitals
Artificial intelligence (AI) and similar technologies are already having a significant effect on healthcare for international patients and will go further, the World of America Convention has heard. Hospitals and insurers are...
Read moreWhy employers are reassessing corporate healthcare spend – Talbot
The first few months of the year are always the busiest for corporate healthcare renewals, and this time around, the conversations have quite a familiar feel. Cost still opens the discussion, but...
Read moreMoneySupermarket launches ChatGPT app enabling protection and health insurance comparisons
MoneySupermarket has launched a ChatGPT app enabling customers to use AI to compare provider offerings across financial services - including health and life insurance. The app, which uses AI to search more...
Read moreAdvisers blame soaring IP complaints on speculative claims, non-disclosure, insurer scrutiny and sales surge
Myriad reasons are to blame for a year-on-year increase in complaints about income protection (IP) products, advisers have told Health & Protection. These include an over scrutiny of claims from providers, long...
Read moreInsurance Premium Tax receipts set for record year
Chancellor Rachel Reeves looks set to collect record Insurance Premium Tax (IPT) receipts for this financial year, latest figures from HM Revenue & Customs show. Consumers collectively paid £7.7bn between April and...
Read moreWoA Convention: Personalised service, underwriting and medication the future for IPMI
Personalisation of service, underwriting and treatment, including drugs and medication, is critical to the future of international private medical insurance (IPMI) in Latin America, the World of America Convention has heard. Leaders...
Read moreBring protection conversations back to essentials and a back-up plan – Colley
Advisers need to focus clients’ minds on life's essentials and to think about how they might cope should the worst happen. This is according to Louise Colley, director of retail protection at...
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