F&TRC adds family income benefit to research tools

clock • 1 min read

Family income benefit has been added to the Finance & Technology Research Centre's (F&TRC) Quality Analyser research tool.

Family income benefit product comparisons will be possible for plan options, exclusions, guaranteed insurability options, critical illness cover, underwriting services and waiver of premium, as well as others.

F&TRC's Quality Analyser Research tool, a free service for advisers and employee benefits consultants to help with provider selection, was launched in earlier this month with information on life, critical illness, income protection and mortgage protection information.

Providers already listed for family income benefit comparisons include:

• Aegon
• Ageas Protect
• Bright Grey
• Friends Life
• Legal & General
• Vitality Life
• Scottish Provident

Roy McLoughlin of Master Adviser, said: "Family Income Benefit is a hugely undersold product so it is great news that advisers will now be able to compare products on Quality Analyser alongside basic term assurance. FIB provides an income instead of a lump sum, which is arguably a much more suitable way of protection the family for many people."

Ian McKenna, managing director of F&TRC, said: "Following the launch of Quality Analyser earlier this year we plan to expand the service by adding a number of additional products. By including Family Income Benefit within the research tool we expect to see more advisers considering it alongside lump sum benefits."

More on Adviser / Broking

Signing off 2024

Signing off 2024

See you in 2025

Cameron Roberts
clock 23 December 2024 • 2 min read
The COVER Review: Looking back on 2024

The COVER Review: Looking back on 2024

Top trends from the year

COVER
clock 23 December 2024 • 1 min read
Demand for protection and health to rise in 2025: The Exeter

Demand for protection and health to rise in 2025: The Exeter

Survey from The Exeter

Cameron Roberts
clock 20 December 2024 • 2 min read

Highlights

COVER Survey: Advisers damning of protection insurer service levels

COVER Survey: Advisers damning of protection insurer service levels

"It takes longer than ever to get underwriting terms"

John Brazier
clock 12 October 2023 • 5 min read
Online reviews trump price for young people selecting life and health cover

Online reviews trump price for young people selecting life and health cover

According to latest ReMark report

John Brazier
clock 11 October 2023 • 2 min read
ABI members with staff neurodiversity policy nearly doubles

ABI members with staff neurodiversity policy nearly doubles

Women within executive teams have grown to 32%

Jaskeet Briah
clock 10 October 2023 • 3 min read