Protection

Providers have hit back at claims many intermediaries are not considering pension term assurance (PTA) as an option for their clients.

The Association of British Insurers (ABI) and the British Medical Association (BMA) have agreed a five-year deal over the quality of reports prepared by GPs for insurers and patients.

Consumers have a 'worrying' lack of understanding around the critical illness (CI) application process, according to a survey by Scottish Equitable Protect.

People who have saved all their lives should not be penalised by paying more for long term care (LTC) than those who have not, according to several IFAs.

Protection intermediaries do not think they should move to a trail commission model, despite calls to do so from several industry spokespeople.

Members of the Association of British Insurers have until December 2007 to adopt standard case studies into their private medical insurance leaflets.

Moving to a trail commission model sounds good in principle but making the transition from full upfront payments could be costly for protection intermediaries.

IFAs do not fully understand the implications of the imminent changes to critical illness (CI) cover definitions, according to Progress from Royal Liver.

Protection intermediaries should adopt a trail commission model to improve their businesses and give a better service to consumers, says Paul Bradshaw, chairman of Nucleus Group.

Prudential's life insurance and critical illness (CI) plan is available to selected IFAs from today, but some industry figures have raised concerns the product may be too complex.