Anti-compulsion voices "defeatist" - PruProtect

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PruProtect has called critics of its desire for protection to be made compulsory as being "defeatist" and argued that the need is "very clear".

In a blog written for COVER, Deepak Jobanputra, actuarial and product director at PruProtect, said an element of compulsion could be a very effective catalyst in increasing consumer understanding of protection insurance. The provider originally kicked-off the debate by making the call for protection to be made mandatory as it released its first half results. However since then several prominent members of the protection industry have dismissed the suggestion. Group risk trade body Grid, called for incentives rather than compulsion, while Roger Edwards, proposition director for Brig...

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