Protection

Advisers active in the long term care insurance market will be required to take "appropriate" examinations within two years of the introduction of new rules active 31 October this year, the FSA says.

Protection specialist Bright Grey will today be kicking off its roadshows in a bid to teach IFAs about the opportunities available in the protection market.

The Association of British Insurers has called for help from IFAs, consumers, claims assessors and the Financial Ombudsman Service to create a new "user-friendly" reference guide of medical definitions for critical illness policies.

A new type of mortgage-linked critical illness policy could be designed to tackle the growing number of CI claims, which offers a smaller payout in the early stages of treatment and is linked to the severity of an individual's illness.

Pioneer Friendly Society is linking the offering of business workshops with rising sales of PHI product, according to its latest quarterly results.

underwriting

SAINSBURY'S, the supermarket, is moving further into financial services following the launch of its own health insurance policy through its banking division, says this morning's Scotsman newspaper.

Webline and PMI provider Health-on-line have inked a deal that will enable IFAs' clients to get quotes or buy PMI 24/7 through their own websites.

Over half of consumers change some part of their buying decision AFTER receiving advice and product recommendations from IFAs, new research suggests.

Consultant Grant Thornton says a survey of 160 general insurance brokers, including 29 of the top 50 income earners, has found most are ignorant of the corporate and personal risks that regulation under the FSA will bring.