Formula One racing fan Graham Harvey, managing director at Axa protection, is less keen on what has been dubbed 'the conditions race'...
Aviva paid out 1,499 critical illness (CI) claims during 2009, totalling almost £118m, with a 2% non disclosure rate, according to data released today.
Aegon has released a new protection claims guide with the aim of reducing non-disclosure and helping advisers manage their clients' expectations.
Advisers are missing out on the opportunities to sell income protection (IP) presented by the new fit note and Welfare Reform Act, research suggests.
Critical illness (CI) payouts are continuing to rise and non-disclosure rates are also improving, new figures show.
The ABI has progressed to the next stage of talks on a national protection scheme, an idea it says is gaining "greater urgency" in the run-up to the General Election.
The ABI has hastened the next stage of industry talks on a national protection scheme as it wants to help shape the new Government's protection strategy.
LV= is cutting premiums for its higher sum term assurance products.
PruProtect says it is "reviewing" entry into the direct-to-consumer (D2C) space, putting it in direct competition with financial advisers.
IFAs expecting a decade heavy with new protection offerings could be disappointed, as providers plan to focus on adviser education not "churning" products.