Scottish Provident's "Critical Illness Claims Report" released today reveals it paid out nearly £94 million to critical illness policy holders during 2009.
Critical illness new business has not suffered as much as expected, despite declining mortgage sales, according to Defaqto.
The ABI is considering proposing a protection scheme in which moderate-to-high earners are "encouraged" to buy their own protection rather than rely on state support.
Susan Barclay, head of marketing at Scottish Provident, explains why it can be advantageous to divide a client's protection outlay between different products and how the task can be greatly facilitated by using menu-based format .
From pet cover to soap storylines, Kevin Carr dissects the latest protection industry developments in his exclusive monthly blog.
Last year LV= ran a nationwide competition inviting advisers to share their tips and ideas for illustrating to clients the potential importance of protection insurance. Here, we share the best of them. Today: The Magic Money Making Machine.
Last year LV= ran a nationwide competition inviting advisers to share their tips and ideas for illustrating to clients the potential importance of protection insurance. Here, we share the best of them. Today: PIGY.
Last year LV= ran a nationwide competition inviting advisers to share their tips and ideas for illustrating to clients the potential importance of protection insurance. Here, we share the best of them. Today: The Plug.
Bright Grey has announced it paid 96% of life claims last year, an increase of 5% on the previous figures.
Aegon has launched a tele-claims service allowing customers to file all of their details with the insurer without filling in a single form, which it says could halve the time it takes to pay out on claims.