Insurance experts are split on whether the UK insurance industry should adopt a compulsory non-contestability period on policies, according to poll from the Protection Review.
When asked whether the UK should implement a period after which an insurer cannot turn down a claim for non-disclosure, 42.86% of respondents said that a non-contestability period was not necessary. Meanwhile, the remainder had different views on at which point a non-contestability period should begin. Some 10.71% of respondents said 2 years, 32.14% said 5 years and 14.29% said 10 years. Speaking at the Protection Review conference in 2016, Payingtoomuch's managing director Michael Ward...
Jack Wild gives his take on the protection market as a 'new modern adviser.'
Medicash has provided financial support to The Hive Zone to enable the youth group to offer free membership and free meals across the school holidays.
Zurich, in collaboration with the Smith School of Enterprise and the Environment at the University of Oxford, has published the UK recommendations from its report, 'Embracing the income protection gaps challenge: options and solutions'.
The UK market for private medical cover flatlined in 2016 with 4.02 million policies covering 6.89 million lives in 2016, some 10.5% of the population, LaingBuisson has published.