Changes come ahead of December deadline for implementation of the Association of British Insurer’s best practice for critical illness insurance.
Old Mutual Wealth says it has “ambitious plans” to grow its footprint in intermediated protection sales.
The new product is launched with the aim of meeting demand for more affordable healthcare.
Delay means uncertainty for consumers, but actually gives clarity for those advising on care insurance.
Demand for fixed-term annuities will continue to grow, provider predicts.
One fifth of those without life insurance do not believe it is necessary and almost half said they could not afford it.
Analysis & Opinion
The recent launch of a CI/IP plan has stimulated debate about combining different products. Sam Barrett takes a look.
Advisers can offer clients insurance against the death or criticial illness of key employees
Advertorial: Almost 90 per cent of Best Doctors users feel satisfied with Best Doctors, according to annual Canada Life customer survey.
Advertorial: The Group Risk market has continued to grow.
More on Protection Products
From Mortgages| Jul 21, 2015
Mortgage complaints increase with an uphold rate of around a third.
Jul 20, 2015
Aviva, Bright Grey, LV and Scottish Provident come out top in both mortgage and life cover.
Jul 16, 2015
Swiss Re says the new platform will broaden their client capabilities in the life and health insurance market.
Jul 15, 2015
Each week the mystery shopper seeks advice from independent and tied advisers in the UK. The aim is to find out whether advisers are delivering the...
Jul 15, 2015
Service to be included as standard on all new policies taken out from 29 June.
Jul 13, 2015
Providers praise move to simplify protection underwriting and sales process.
Jul 09, 2015
Changes made to make cover more attractive to consumers.