Scottish Widows Protect introduces annual protection summaries

The summaries will be sent to advisers and their clients to remind customers how valuable their cover is and prompt them to have annual review meetings with their adviser. The documents provide an overview of the policies in place, the monthly premiums, the amount of protection provided, and when the cover comes to an end. They also clearly point out that if there has been a change in someone's circumstances, such as a salary increase, a new loan or a mortgage change, their protection needs may have changed too. Sarah Moore, senior intermediary protection manager at Scottish Widows...