Protection

The Financial Conduct Authority (FCA) will look into claims experiences and incentives for consumers to switch products as part of its pure protection market study. The regulator has already confirmed it will further...

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...

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...

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...

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...

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...

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...

Healthy life expectancy for men and women across the UK has fallen to its lowest level on record, according to data from the Office for National Statistics (ONS). Furthermore those born in...

Health & Protection is launching an exclusive AI in Insurance microsite. The site explores this pivotal time for the whole health and protection insurance industry including the regulatory, ethical and practical implications of...

The Financial Conduct Authority’s (FCA) Protection Market Study will mirror the regulator’s Premium Finance Study's firm-by-firm Consumer Duty approach rather than implementing any market-wide interventions, according to CEO Nikhil Rathi. Upon release...