Bright Grey adds indexation option to life and CI cover

Indexation is the automatic adjustment of benefits to compensate for the effects of inflation. Kevin Stevens, head of intermediary sales at Bright Grey, explained that the increasing cost of living prompted the protection specialist arm of Royal London Group to consider indexation. He commented: "Adding indexation offers excellent value for money by maintaining the true value of a client's protection. "It also means that cover can be increased every year without the need for medical information. Indexation is an immensely valuable option in the adviser's toolkit. "Selecting the inde...