Friends Provident has taken what it calls a "small step" towards rebuilding consumer confidence in critical illness after announcing it will pay a proportion of a claim even if non-disclosure has been identified.
Non-disclosure is the most important issue facing the protection industry, according to Nick Kirwan, chairman of the ABI Protection Committee.
One in three UK families has no critical illness, income protection or life insurance, research suggests.
Pioneer, the income protection provider, has launched the Professional Income Protection Plan (PIP) aimed at professionals and workers in low risk industries.
An initiative has been launched by Norwich Union to help tackle the problem of life insurance and critical illness claims being rejected due to non-disclosure.
The ABI (Association of British Insurers) has launched a consultation paper on a new guide to critical illness insurance for consumers.
With so many different variations of aneurysms, understanding the difference is key to deciding what kind of cover can be offered to those living with the condition, says Debra Bradley
The FSA today says there must be greater clarity for consumers on both the price and ‘characteristics' of protection products sold by advisers and providers.
Most people want to ensure that if anything happens to them, their family will be protected. Your advice can help.