Story by: Anya Diaz-Cebreiro, Financial Adviser
LV= has extended its offer to remove the initial 60 day unemployment claim exclusion for customers who replace their existing unemployment cover with the provider's Mortgage & Lifestyle protection product.
Advisers should be extremely selective in the providers they deal with in order to provide the most efficient service for their clients, according to Fortis Life UK.
Nearly two-thirds of advisers say personal insurance is becoming a higher priority a result of economic uncertainty today, according to the 2009 Protection Review.
Distribution could be the biggest challenge the protection industry faces in a post-retail distribution review world, according to Pacific Life Re.
Consumer trust in all aspects of financial services has been damaged as a result of the banking crisis, according to Friends Provident.
Mis-selling of protection products could be an unintended consequence of the retail distribution review, the Association of British Insurers has warned.
Legal & General (L&G) has scrapped the need for GP reports in its underwriting criteria for applicants under the age of 40, in an attempt to speed up the process of getting the client 'on risk'.
Protection IFAs are becoming increasingly confident as the year goes on, with particular optimism about the outlook for future protection sales, according to Legal & General's (L&G's) latest index.
Two-thirds of Britons do not believe they have adequate health protection in place, with concerns over insufficient income protection, critical illness and PMI cover.
Just Retirement looks set to be bought by Avalon Acquisitions Limited, a company formed by funds advised by Permira Advisers, for about 76p per share.
It’s strange that I always seem to always be writing a blog at a time when the news is dominated by just one topic. This time it’s MPs’ expenses.
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Very few businesses have sufficient protection in place to cover an event such as the death or critical illness of a key person, according to research from Legal & General.
Finally some good news. A report by the Fos has highlighted that just three per cent of complaints made to the ombudsman were against IFAs, and problem areas are being ironed out by the industry.
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