Norwich Union has slashed its prices across its mortgage life insurance and term assurance range in ...
Norwich Union has slashed its prices across its mortgage life insurance and term assurance range in a move to improve its offering for the UK's 12 million mortgage holders.
Those taking out life and term assurance policies lasting longer than the traditional 25-year term will also see more competitive premiums available. This reflected changes in market demand, where increasing numbers of consumers are requesting cover for 30 or 40-year mortgages.
The reprice followed the launch of the provider's protection service promise that was launched in February to provide additional support to advisers.
The news that the ABI and British Medical Association (BMA) agreement on GP report (GPR) fees has broken down will usher in a period of uncertainty.
Lack of innovation investment in the UK insurance market has been highlighted by recognition of RGA's work in the US.
Protection business in 2012 and 2013 will be affected by events this year and some fundamental changes to the way customers policies are priced into the next. Richard Verdin explains.
Employee assistance programmes are in the spotlight due to a schizophrenic approach by government. But as Sue Weir points out, they are backed by solid research.
How will people buy insurance in future? Greg Becker visits the US for developments in online distribution.