This was going to be a nice one to write. December's blog. It's been a decent year. Pension term has been a big success. Loads more advisers getting onto the benefits tele-underwriting can bring to them.
OK, so the ABI might be about to make a late change to the new CI definitions – and that’s not the greatest timing in the world, but all in all it’s not been a bad year. Cue some scary thoughts on the Law Commission’s suggestion of non-contestability periods from the excellent RGA workshop on the American protection market. The USA has non-contestability clauses in their legislation – always have had. The result – that practically every claim is paid – even if the client DID fraudulently commit non-disclosure, is something we all need to consider. Maximum benefits available without medic...
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