The business protection gap remains static at over a trillion, a Legal & General (L&G) survey of the market suggests.
Legal & General has enhanced its business protection proposition in a bid for share of the business protection gap.
Swiss Re has revealed a €10tr gap in European life insurance coverage and believes the industry needs to be bolder in selling the affordability and benefits of life cover.
Zurich has launched a microsite dedicated to protection.
Legal and General is now offering the facility to apply for different sums assured for term assurance and critical illness cover.
Re-Insurer Swiss Re has released its review of the insurance industry which highlights consumer's demands for increased simplicity and clarity.
The protection industry is expecting a reduction in the number of IFAs post RDR of from 20-50%, depending on the survey chosen. Will this impact on sales of protection and will this prompt the resurgence of in-house sales forces - the man from the Pru?...
Education and promotion are the only ways to plug a growing £2.3trn protection gap, Friends Provident's Ed Stuart-Brown says.