Ian Sawyer: How to fix early cancellations

‘Protection advisers are not in control’

clock • 4 min read

A review of the cancellation and retention processes used by different insurers

Attention to detail is often the very thing that separates the good from the brilliant. The award winners from the runners up, if you like. The 1% that seem so small we often don't pay them attention amongst the noise of shiny new products and clever marketing. I find it astonishing that we work so hard on the hardest part of protection - getting people to buy the appropriate cover they need - but make an utter mess of helping them to keep the cover in place once they have it. Early cancellations of protection policies are a challenge across the industry. Consumer behaviour is changin...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Adviser / Broking

COVER Customer Care Conference 2025: Event launches

COVER Customer Care Conference 2025: Event launches

Building trust through care

COVER
clock 06 March 2025 • 1 min read
COVER Women in Protection and Health Awards 2025: Finalists announced

COVER Women in Protection and Health Awards 2025: Finalists announced

Championing diversity, equity and inclusion

COVER
clock 06 March 2025 • 6 min read
LifeSearch claimants paid £100m in 2024

LifeSearch claimants paid £100m in 2024

1,418 paid claims

Cameron Roberts
clock 27 February 2025 • 2 min read