Protection

Unum has announced a number of significant changes to its Group and Voluntary Critical Illness (CI) products.

The FSA has targeted payment protection insurance (PPI) failures in its new Insurance Conduct of Business sourcebook (ICOBS).

AXA has revised its rates on a number of protection products by cutting prices on 41% of premiums with an average reduction of 3%.

Companies fail to properly protect their businesses because they remain unaware of the impact death or critical illness could have, according to research by Skandia.

Uncertainty among advisers on the benefits of protection products is stymieing innovation and flexibility in the market, research suggests.

The future of Bright Grey is secure even if its parent Royal London buys Scottish Provident, the firm pledges today.

A pilot training project designed to encourage advisers to close the ‘protection gap' has been launched by AXA.

Advisers could be in breach of TCF guidelines if they recommend poor value joint life policies to clients, LifeSearch warns.

Income protection specialist Pioneer Friendly Society and private medical insurer Exeter Friendly Society are joining forces to form a mutual healthcare insurance firm.

Group income protection provider Unum has launched a guide aiming to simplify the claims process, explain how it works and ensure it is as straightforward as possible for claimants.