Purchasing protection insurance on cost alone is a risky business. Deepak Jobanputra looks at the factors that add real value
Due to the inherent complexity of protection products it can often be difficult when comparing two products and the temptation might be to select the cheaper. While the products may seem similar on the face of it, there is likely to be a good reason why one is cheaper than the other. Cost is only an issue in the absence of value. There are around 20 providers in the protection space who offer critical illness cover. Most cover a similar number of conditions, with both full and partial...
British Friendly has introduced an online Adviser Toolkit to encourage income protection sales.
Zurich has launched a 'selfie' app called FaceQuote which estimates how much life cover someone might need.
The official supplement of this year's COVER Excellence Awards is available to read now as an eBook.
Child cover within critical illness plans has assumed a far greater importance in recent years, writes CIExpert's Alan Lakey.