ABI and BMA agree deal on quality of GP reports

clock

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.

As part of the agreement the BMA has issued guidance to GPs on the completion of reports for life assurance purposes. The guidance includes: Recognition that life assurance is a ‘social good’ and is of benefit to patients, especially at significant points in their lives; and Advice that, as with other fee paid work, it should be done to appropriate professional standards to justify the agreed fees. The agreement states where an insurance applicant is declined or a decision postponed as a result of a medical disclosure they have made on the application form, the insurance company wi...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Protection

Aviva completes £460m acquisition of AIG Life after CMA delay

Aviva completes £460m acquisition of AIG Life after CMA delay

'It's disappointing to lose another protection insurer from the market'

Cameron Roberts
clock 10 April 2024 • 2 min read
Is price really still king? Why the protection market needs to evolve

Is price really still king? Why the protection market needs to evolve

Data and process improvement will be 'battlegrounds of tomorrow'

Paul Yates
clock 18 March 2024 • 3 min read
Protection sales down 102,000 in 2023; adviser focus labelled 'crucial'

Protection sales down 102,000 in 2023; adviser focus labelled 'crucial'

'Income protection products are more important than ever'

Cameron Roberts
clock 26 February 2024 • 1 min read