Bright Grey and Scottish Provident have confirmed that they are reviewing income protection, aiming to "substantially" increase those offered own occupation cover.
Over 20 million Britons believe they could survive for up to six months on ‘emergency' funds despite half having less than £1,000 available in accessible savings.
The private medical insurance (PMI) market's two biggest players have seen a rise in the number of complaints escalated to the Financial Ombudsman Service (FOS).
Subject access requests and online technology have opened the debate over GP reports. Ian Smart asks if this could remove a perennial insurance bugbear.
Bright Grey paid out 91% of critical illness (CI) claims in the last six months of 2011.
Bright Grey has urged Britons to cut back on spending to help stabilise their finances and provide enough to secure a safety net for emergencies.
With white papers due this year on long-term care (Dilnot Review), sickness absence and also the Treasury's work on simple products, how much explicit help (not just macro changes to benefits and the NHS) would you want the government to give the industry?...
Severity based protection payments have become more common over the year. Phil Jeynes explains why in his overview of 2011
Bright Grey and Scottish Provident have warned that insurers could be "shooting themselves in the foot" by changing the way they request medical evidence from GPs.
With take up of sales in income protection (IP) by advisers so low, reflecting in low consumer sales, what could be done to the product to make it more attractive to IFAs, apart from increased commission?