Only one intermediary responded to the Association of British Insurers' (ABI) Total and Permanent Disability (TPD) definitions consultation period, the ABI has said.
The association also revealed that it does not have a mandate to ban TPD in its current form. With the majority of replies coming from providers, Nick Kirwan, assistant director for health and protection at the ABI, was disappointed with advisers' poor response to the four month long process. He revealed that the consultation replies suggested eight options, which will be discussed by the respondents this week at a special ABI hosted session. There was also near unanimous agreement that child cover should have standard wording, and education of advisers and customers should be impr...
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