Scottish Equitable Protect has added a conversion option to its life protection with tax relief poli...
Scottish Equitable Protect has added a conversion option to its life protection with tax relief policy (LPTR), which allows policyholders to switch their current LPTR policies to a term assurance policy. The option, which took effect at the end of June, can be applied retrospectively to 6 April 2006. Customers can replace their LPTR policy with a standard term assurance policy if they become ineligible for LPTR or if they are at risk of exceeding the lifetime allowance on their death. The option can only be used once.
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.