Individual Protection

A “cynical” fraudster has been jailed for three years after trying to claim more than half a million pounds in life insurance payouts covering his brother from several policies bought after his...

Protection Distributors Group chairman Neil McCarthy has sought to scupper the narrative that “protection products are sold not bought”. Speaking at the Protection Review conference, McCarthy told delegates the sector may like...

The Financial Conduct Authority (FCA) is removing the requirement for fair value assessments to be conducted where non-investment insurance products are distributed through international firms to international customers. However, where these products...

Aviva has upgraded its business, direct to consumer and Santander white label critical illness (CI) plans to reflect amended Association of British Insurers model wordings for cancer, dementia and heart attack. In...

Commission models in the protection industry are "ridiculous" and incentivise poor behaviours while reinsurers are beginning to consider distribution in pricing. Industry experts also noted how tight margins were in the market...

One in 10 UK adults are considering cancelling their protection cover as living costs mount, according to research from Vitality. The insurer's survey of 2,000 UK adults shows more than a third...

The UK protection insurance sector needs to design life, critical illness and income protection products to cater for the needs of individuals with sickle cell. Sheun Oke, area sales manager at Wealthmax...

The protection sector needs to be better at embracing flexibility when designing products to meet changing consumer needs and increase sales, experts from across the sector have agreed. They highlighted items including...

Protection insurance industry experts were at odds over progress made in mental health underwriting thoughout the sector citing examples of steps forward and where there remains significant work to do for advisers...

The UK protection insurance sector has been urged to up its game in tackling domestic economic abuse enacted through the use of protection policies. Johnny Timpson set out a four pronged plan...