Protection Watch: Kevin Carr's verdicts on recent developments

‘Promising lead' or ‘Back to the lab'?

clock • 3 min read

Professional Adviser's protection detective Kevin Carr delivers his verdict on key developments in the protection space from the last month or so

It's the end of the world as we know it The Protection Distributors Group, which consists of 10 leading protection intermediary firms, is calling for insurers to do more to help bereaved families who face delays receiving the proceeds of a life policy after their claim has been agreed. The group is asking insurers to ensure families can pay funeral costs by committing to a ‘Funeral Payment Pledge' and proactively offering to pay the funeral director up to £5,000 at the claim stage. This should be a relatively quick win for the industry and some insurers already meet the group's requests. ...

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