Protection

Pioneer Friendly Society is intending to launch a 'new style' income protection product in the second quarter of next year which addresses some of the problems inherent in traditional policies.

The Association of British Insurers is now considering allowing insurers to change the definitions of certain critical illnesses again as a result of new medical evidence on rare bone marrow disorders.

Almost half of first-time buyers do not have any insurance to cover their income if they cannot work because of accident, sickness or unemployment, according to research from the Post Office.

The majority of protection providers are waiting until the April 2007 deadline before they adopt the Association of British Insurers' new critical illness definitions.

The Treasury Committee has announced a new inquiry into the scope of the Financial Services Authority's insurance regulation.

Absolutely Training has created an e-learning training package designed to help advisers develop and benchmark their compliance with Financial Services Authority regulations.

Joint proposals aimed at minimising the administrative burden on insurance groups operating in the EU have been put forward by the Financial Services Authority and the Treasury.

A mortgage payment protection insurance policy designed to meet treating customers fairly principles has been launched by CETA Insurance and Cardif Pinnacle.

Here are a few oxymorons and contradictions for you:

Standard Life declined to pay 14% of critical illness claims in the first half of 2006, according to its latest claims statistics.