Royal London has made changes to its income protection proposition including fracture cover, hospitalisation payment and an additional payment on death.
Under 'Fracture Cover', policyholders could receive up to £4,000 per claim with a maximum of two claims accepted in each 12 month period. Multiple fractures are covered up to the £4,000 claim limit. In addition, the hospitalisation payment provides £100 per night if more than six consecutive nights spent in hospital during the deferred period including connected claims, up to a maximum of 90 nights during the term. Other features include additional payment on death - where a payment equivalent...
There will be no further increases to Insurance Premium Tax (IPT) this year, the Autumn Budget 2017 has revealed.
The government will immediately give NHS trusts £350 million to allow them to plan for the winter, Chancellor Philip Hammond has announced in the Autumn Budget.
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.