Protection
Advisers believe customers would pay more for enhanced terminal illness definition – Guardian
Three in four advisers think an enhanced terminal illness definition is a feature customers value highly enough to pay more for, according to research by Guardian and IPipeline among 345 advisers this...
Read moreTwo 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 moreFCA concerned about poor insurance value – but health cash plans are best performer
The Financial Conduct Authority (FCA) has continued to express concern over the value proposition of Guaranteed Asset Protection (GAP) insurance, with some firms struggling to demonstrate fair value as required by the...
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Exclusive: Legal & General cuts group CI quoting volumes
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MoneySupermarket launches ChatGPT app enabling protection and health insurance comparisons
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FCA protection market study workshop to feature three advice bodies
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Vitality adds HealthHero as second virtual GP services partner
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Pet cover trumps income protection as insurance priority
