Lack of awareness around Crohn’s diagnosis payout
18-34 year-olds were 50% more likely to want cover
Product flexibility, accessibility and supporting advisers
Due to external influences
Consumer Duty, cost of living and consolidation
Total percentage of claims increased to 96.9%
"IP needs to be more relevant to the needs of today’s clients"
According to Justin Taurog, Managing Director at VitalityLife, there has never been a better time to embrace a less transactional approach to insurance.
On all new policies taken out after 28 February