The profitable safety net

Often viewed as poor relations in the suite of protection products, standalone Accident, Sickness and Unemployment policies now provide significant opportunities for advisers, particularly in light of the current economic backdrop and changing market dynamics. The Office of Fair Trading, the Competition Commission and the FSA have all been keeping a close eye on the Payment Protection Insurance sector for a number of years. Their efforts have driven wholesale changes in PPI, Mortgage Payment Protection Insurance, and standalone ASU. In recent months many traditional distributors have sca...