The latest issue of COVER included a report that some members of the protection provider community, including the ABI, were unhappy with the way third party agencies rate products.
Protection and health insurance complaints to the Financial Ombudsman Service (FOS) leapt sharply in the second three months of the year.
Aviva has added the first partial payments to its critical illness (CI) policy and halved the length of time for a Multiple Sclerosis (MS) claim.
Defaqto and other ratings agencies have been attacked for "driving the wrong behaviour" by encouraging product complexity and being "in danger of misleading consumers".
Complaints about critical illness (CI) have spiked sharply over the last six months, the FSA has reported.
PruProtect has produced a microsite for advisers about its serious illness cover product.
The Financial Ombudsman Service (FOS) has given an insight into current complaint trends in critical illness, with a mixed report.
I have a client making a claim on a critical illness (CI) policy. The provider is suggesting they take a lump sum payment rather than the family income benefit (FIB) they originally bought. I realise there are various arguments for each side, but what...
Not only will the needs of each and every client who needs a protection policy differ, but advisers also have to factor in the different underwriting processes of providers...
Aegon paid 94% of critical illness (CI) claims in the first half of the year, a 3% increase on its overall result for 2010 (91%).