Life cover for women could rise by up to 30% after the announcement of a new tax structure for protection products and other recent industry developments, according to RGA.
The government has announced plans to abolish life assurance premium relief (LAPR) in the budget.
The Government will no longer remove the mobility component of the Disability Living Allowance for people in residential care.
The Association of Medical Insurance Intermediaries (AMII) has called on the Chancellor to remove tax disincentives in the treatment of employer-paid private medical insurance (PMI).