The ABI's reforms of Total and Permanent Disability (TPD) definitions on critical illness (CI) policies have not been well received by advisers.
Two thirds (67%) of intermediaries felt the changes were not worth the effort, with 15% even suggesting the whole concept should be scrapped.
COVER's last poll asked what advisers thought of the ABI's decision not to rename TPD but to agree industry-wide definitions and launch an education campaign?
Just 18% believed it was a good outcome and will help clarify TPD, with 15% adding that it was a start but did not go far enough as more needed to be done to address the problem.
The majority of respondents (52%) declared it was a waste of time and would not change anything, while a further 15% went the whole hog, saying TPD was not worth the effort and should be scrapped completely.
This month, COVER is asking:
In the wake of television advertising and government policies, are you seeing an increase in the inclination to buy protection products?
You can follow the link to vote or visit the COVER home page.
