The availability of bereavement benefits is not widely known, with just 14% of UK adults aware of potential £2,000 tax-free lump sums, many miss out, despite meeting eligibility criteria.
Advisers have been asked for feedback on a draft good practice statement for insurers, ahead of ECJ Gender ruling implementation.
Since 2006 Legal & General have paid out over £1.5 million as part of their early notification bonus scheme.
Aviva and Pink have today launched a Protection Academy providing industry entrants and mortgage advisers with training to expert level on how to sell protection products
Partnership has called for a greater promotion of equity release and annuities, as it finds 41% of over 45s would use property sales or rentals to fund care.
Royal assent has been given to the Legal Aid: Sentencing and Punishment of Offenders Act (LASPO) 2012, which removes legal aid from a series of welfare issues.
The annual cost of long term care (LTC) in the UK is expected to rise from £26,000 per person per year to £33,000 by 2025.
Consumers remain confused about how they should best plan for their future care needs, the Actuarial Profession has concluded.
Nearly two-thirds of expatriates are taking the risk of not having any life or income protection insurance in place.
Advertising, better processing and tax relief would provide the best boost to protection sales over the next 10 years, according to the latest stats from the Protection Review survey.