Almost two-thirds of advisers do not think life cover should be placed in the higher-risk category w...
Almost two-thirds of advisers do not think life cover should be placed in the higher-risk category when the Financial Services Authority divides insurance into two brackets, according to COVER's latest online poll.
Some 66.7% of respondents argued that life insurance should be put in the less complex category of insurance products, despite critical illness insurance and income protection both being classed as high-risk products. Only 33.3% disagreed.
Following Prudential's revelation that it has added the Vitality points system to its protection offering, this month's survey asks whether more providers should reward customers for leading a healthy lifestyle.
To cast your vote please visit COVER's website at www.covermagazine.co.uk.
