Price 'most important' factor on protection

clock

Advisers are considering the cost of protection products ahead of its pay-out and service levels, research suggests.

The study, carried out by Lincoln Financial Group, concludes IFAs look at competitive pricing first despite increased focus by providers on other issues, including the flexibility of underwriting. In addition, the research, formed from interviews with 192 advisers between January and April, suggests a presence on portals is the second most important consideration. Furthermore, according to the study IFAs anticipate the pricing of premiums to continue to be the deciding factor in the future, with 78% suggesting they will continue to place their business with the most competitively priced...

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

The protection gap is not a surprise - treating it as one is

The protection gap is not a surprise - treating it as one is

'This is not mysterious. It is what this market is built to produce'

Tony Müdd
clock 09 September 2026 • 4 min read
Aviva in high value protection proposition launch

Aviva in high value protection proposition launch

Rising demand for IHT planning

Cameron Roberts
clock 25 August 2026 • 2 min read
Advisers are changing their views on joint life cover

Advisers are changing their views on joint life cover

What represents true value for the client?

Alan Lakey
clock 11 August 2026 • 3 min read