The ABI has finalised its guidance on changes to total premium disclosure.
Tension between the Association of British Insurers (ABI) and the Law Commission over non-disclosure rules is mounting following a television programme focusing on declined claims.
Total and permanent disability (TPD) cover will be removed from critical illness (CI) policies and replaced by ability-defining headings, the Association of British Insurers (ABI) has confirmed.
Only one intermediary responded to the Association of British Insurers' (ABI) Total and Permanent Disability (TPD) definitions consultation period, the ABI has said.
The ABI reviews the statement of best practice on critical illness every three years. Given the high frictional costs associated with the change that the customer ultimately pays for, is it still correct that we should follow this strict path?
Apologies to all you intermediaries out there but on this occasion my blog is more aimed at insurers - but do let me know if you agree with me. Feedback is always appreciated.
They say that everything comes to those who wait. In my case it turned out to be true - but what a wait it turned out to be.
There appears to be a new spring in his step and a visible difference in the demeanour of Nick Kirwan since he resigned as protection market director at Scottish Widows.
Nick Kirwan has resigned as protection market director at Scottish Widows.
The government needs to work more closely with the private sector to bridge the protection gap and reduce the prospect of further policy u-turns, says Nick Kirwan, head of the ABI's protection committee.