Individual Protection

Unum is optimistic the Money Advice Service (MAS) will still be a strong contender to distribute the recent steering group-proposed simple products, despite recent troubles.

Insurer growth will not be about products but rather distribution individuality, RGA said at its conference yesterday.

The widening critical illness protection gap will only get worse but there will be no easy answer, reinsurer RGA has said.

LV= has agreed a five-year protection advice partnership with RAC.

Zurich's half year results showed 91% of critical illness claims were paid out.

The proportion of pure protection advised sales has risen to 91% but standalone critical illness has declined significantly, FSA data has reported.

Exeter Family Friendly has launched an income protection seminar to help advisers bring it into their portfolio.

LV= has added its budget income protection to the products available through Capita's Webline Portal.

LifeSearch has highlighted the need to seek independent protection advice in a BBC Radio Scotland debate.

Building a simple income replacement product as outlined in the recent Review of Simple Financial Products may not be entirely possible, Aviva has said.