Protection

IFAs have criticised protection providers for stalling on their adoption of the Association of British Insurers' new critical illness definitions, warning there will be a "deluge" of changes over the next six weeks.

Norwich Union has introduced a teleinterviewing service staffed by nurses to remove the necessity of acquiring GP reports for protection applications.

The Treasury is seeking consultation from the protection industry on a proposal to allow pension term assurance for consumers who self-certify they have a pension provision.

Legal & General is withdrawing from the medical insurance market at the end of the month because of poor sales and a desire to concentrate on its core housing and protection insurance business.

Bright Grey has been appointed to the IFA Consortium protection panel.

Risk Placement Services has added income protection to its online portfolio of products for non-standard customers, in a bid to minimise the consumer protection gap.

The Private Health Partnership has acquired Select Healthcare, a specialist medical insurance adviser, for an undisclosed sum.

Private medical insurance companies which do not arrange medical treatment on behalf of their customers are failing to meet public expectations, according to research from BCWA.

Norwich Union has adopted the Association of British Insurers' best practice definitions for critical illness (CI) cover and increased the maximum term on protection policies with reviewable CI.

A move by the Treasury to link pensions term assurance to pensions would create considerable costs for providers and advisers, says Andy Milburn, IFA market manager at Royal Liver.