Protection advisers Alan Knowles & Roy Mcloughlin discuss Covid-19 challenges
Challenges for protection advisers
In PA's sister title Cover's first Covid-19 Zoom-recorded video interview, Cover editor Adam Saville quizzes Alan Knowles, chair of the Protection Distributors Group (PDG) and Cura managing director, and Roy Mcloughlin, co-chair of the Income Protection Task Force (IPTF) and Cavendish Ware associate director.
The Covid-19 crisis has brought with it a raft of underwriting changes to protection policies and, as a result, a number of challenges for advisers.
In the below video, the trio discuss:
- Recent underwriting changes in light of coronavirus and the emergence of remote medical screenings.
- The challenges faced by advisers, how to place cover at this time and avoid cancellations.
- The importance of collaboration as an industry and why communication is key.
- Building a community during COVID-19 and looking forward to #NoVAD (No Virus Anymore Day).
More on Protection
Vitality offers Covid-19 tests to members
Provided in partnership with DocTap
Alan Knowles: How signposting works in practice
'What about commission?'
Roy McLoughlin: Is it time for IFAs to start signposting protection?
‘If you do not wish to offer protection advice, refer it’
Action needed to mitigate 'fraudulent' lead generation in insurance
‘Protecting the Protectors’ paper warns
More news
FCA extends adviser fee deadline for majority of firms
For smaller and medium firms
Talking with… FundsNetwork's Jackie Boylan
'There will be more consolidation'
SLA profits slump by 30% in H1
Fee-based revenue fell 13%
