Protection

A new report has called for radical changes to the claims process for life, critical illness and income protection plans.

A qualification for advisers in the health and protection insurance sector has been launched by the Chartered Insurance Institute (CII).

Pruprotect is launching an adviser based up-selling scheme to offer existing term assurance clients whole of life cover with no additional underwriting.

Pruprotect has introduced a premium saver option for its protection products that could see customers earning more than their first year's premiums back over five years.

Advisers have relied too much on mortgages and should be exploiting the opportunities in protection, said a top mortgage boss.

Group protection business at Friends Life dropped by more than half in the third quarter of the year while individual business slipped slightly compared to the previous three months.

More people have used professional advice when considering financial products than a year ago but the majority still do not see it as necessary, according to research.

The Chartered Insurance Institute (CII) has brought together 28 young insurance professionals to create three New Generation Groups.

LifeSearch is encouraging protection advisers to increase sales of family income benefit (FIB) products.

Aviva's UK life and pensions sales increased by 6% to £8.1m during the nine months to 30 September.