Protection

Did you know: Almost 1,400 people are made redundant every day in the UK.

The Mortgage Market Review (MMR) could significantly affect the protection market, Swiss Re has said.

Consumers are becoming more confident in shunning specialist financial advice and purchasing financial products online, according to new research.

Research has shown advisers assess product attributes over any pricing consideration when advising on protection.

Aviva has reduced the turnaround time for life cover medical evidence assessments with all underwriting decisions now being made within 24 hours.

A 'read-across' of the retail distribution review (RDR) to the protection space remains a possibility and intermediaries must continue to lobby hard to prevent it, an industry consultant said.

Good afternoon readers,

Unum has unveiled its marketing strategy which will include consumer focused television adverts later this year.

Aegon has increased its medical underwriting limits for its life and critical illness (CI) protection proposition.

Friends Life has announced its senior protection management team which will control the single protection proposition to be launched later this year.