Individual Protection
Young adults most vulnerable to rise in cost of essentials – LifeSearch
The cost of essentials needs to increase by just £128 a month to create financial hardship for UK adults with younger adults particularly concerned, according to data from LifeSearch. The life insurance...
Read moreFCA telling life insurance bosses to protect customers in cost of living crisis
The Financial Conduct Authority (FCA) is writing to the bosses of life insurance firms to assess their treatment of customers in light of the cost of living crisis and the new Consumer...
Read moreLV= pays more than £20m in CI claims in 2022
LV= paid out more than £20m in critical illness (CI) claims between January and September 2022. The mutual revealed more than 258 people were supported after they received a life-changing diagnosis, including...
Read moreRoyal London simplifies IP cover changes and extends GIO age
Royal London has adapted its underwriting process for income protection (IP) customers who move to less risky jobs or are seeking to shorten their deferred period. The mutual revealed these customers can...
Read moreWatch the highlights of the UK Health & Protection Awards 2022
The winners of the UK Health & Protection Awards 2022 were revealed at a glittering ceremony at the London Hilton Park Lane. Watch the video highlights below of the night as the...
Read moreFCA tells insurers they must have good oversight of ARs
The Financial Conduct Authority (FCA) has emphasised insurers must have good insight of the appointed representatives (ARs) they work with in regards to the incoming Consumer Duty. ARs have been a key...
Read moreZurich deepens neurodiversity commitments with GAIN
Zurich Insurance has made further commitments to supporting neurodiversity in the industry and become the Group for Autism, Insurance, Investment & Neurodiversity's (GAIN) first industry transformer member. Over the next three years,...
Read moreLong-term sick up 500,000 post-Covid as MSK issues and young adults hit hard
The number of working aged adults who are economically inactive to due to long-term sickness has risen by half a million since the start of the pandemic, according to official data. The...
Read moreFOS reiterates pledge to not apply Consumer Duty retrospectively
The Financial Ombudsman Service (FOS) has repeated its pledge that it will not apply the Consumer Duty to complaints retrospectively as it sought to reassure the financial servvices industry. During an Association...
Read moreMost parents have not spoken to adult children about their will – Scottish Widows
More than half of parents surveyed by Scottish Widows have not spoken to adult children about their will. The survey of 2,000 adults found 57% had failed to discuss their will with...
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