Pricing of critical illness policies could become less reliable and perhaps more expensive if the government puts forward regulations which state insurers can only use public data to calculate premiums for men and women.
Judging by the number of responses which have been coming out this week, the consultation on the pensions white paper must be one of the most popular held by the Department for Work and Pensions.
The use of qualified underwriters and ‘wet signatures' are some of the issues providers would like to see covered in the Association of British Insurers' guidelines on teleunderwriting.
The Association of British Insurers is urging the government to drop the idea of a specific price for personal accounts, calling the idea ‘economically unfeasible'.
Advisers and product providers have wholeheartedly agreed with the Association of British Insurers' call to scrap the age 70 rule, saying it is anti-competitive and restricts consumer choice.
The Association of British Insurers is calling for the abolition of the ‘age 70 rule' to make it easier for people with a protection need over age 70 to buy life and protection insurance.
The life and pensions sector has continued to grow significantly with annuities hitting a record level of sales, claims the Association of British Insurers.
The Association of British Insurers (ABI) and the British Medical Association (BMA) have agreed a five-year deal over the quality of reports prepared by GPs for insurers and patients.
Members of the Association of British Insurers have until December 2007 to adopt standard case studies into their private medical insurance leaflets.
The majority of consumers support an industry solution for pensions, according to a survey by the Association of British Insurers (ABI).