Individual Protection
Two in five AIA Singapore customers lack policy knowledge
AIA Singapore has launched an initiative to help customers better understand their insurance policies, improve their financial literacy in a continued bid to bridge the nation's protection gap. Through the initiative,...
Read moreDeadHappy sale expected in September but creditors will lose more than £1.2m
A sale for collapsed insurer DeadHappy is expected to be completed in September after an offer was accepted from a firm operating in the life insurance sector, according to administrators Evelyn Partners....
Read moreEastenders storyline was missed opportunity to talk about critical illness – Lakey
An Eastenders storyline in which life insurance has played a central role was a missed opportunity to discuss the importance of taking out a critical illness policy. This is according to Alan...
Read moreWait times for cancer treatment spiralling across all UK nations – ONS
More than a third of patients in England are waiting longer than the standard time for cancer treatment in England, according to official data. While the Office for National Statistics (ONS) stresses...
Read moreLifeSearch secures advice referrals agreement with Bluezone
LifeSearch has secured an advice referrals agreement aimed at helping to protect more customers with chronic conditions. The partnership will give individuals who are outside of the insurtech’s current product parameters the...
Read moreInsurer target markets too broad and lack detail as does FCA guidance – advisers
Insurers need to up their game in compiling product target market statements as they are too broad and vary widely in terms of detail, but so too should the Financial Conduct Authority...
Read moreFCA slams ‘poor’ PMI and protection product target market statements
The Financial Conduct Authority (FCA) has singled out target market statements from private medical insurance (PMI) and income protection (IP) products as “examples of poor practices that could cause customer harm”. It...
Read moreFCA requiring product withdrawals and other ‘urgent’ action as insurers and advisers failing to demonstrate fair value
The Financial Conduct Authority (FCA) is requiring insurers and intermediaries to take remedial actions including ordering them to withdraw products where it has material concerns about providing fair value. The regulator said...
Read moreOne in 10 take entire month off work due to injury – MetLife
More than one in 10 people have taken a whole month out from work due to an injury from an accident in the past year, according to research from MetLife UK. The...
Read moreMost private renters lack financial protection – Scottish Widows
The majority of private renters (56%) do not have any form of financial protection, according to a survey by Scottish Widows. The finding is taken from a survey of 4,043 UK adults...
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