Indexation calculation

How to differentiate providers

clock • 3 min read

Alan Lakey, founder, CIExpert explains how indexation can be a critical tool for advisers when determining the best value for a customer.

Consumer Duty imposed a clear requirement on advisers to search out value.  This does not necessarily mean the cheapest or the ‘best' plan, although, of course, it might be. One area that is often overlooked is how insurers deal with premium increases for indexation. Apart from protecting a mortgage, where there is a specific level of decreasing debt, there is a powerful argument that all other forms of personal and family protection should be shielded from the erosive effects of inflation. All insurers offer indexation options – some are linked to the retail price index (RPI) with ot...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Adviser / Broking

Fintel Services to introduce exit and acquisition service

Fintel Services to introduce exit and acquisition service

Set to launch later this year

Jenna Brown
clock 13 August 2026 • 1 min read
COVER Excellence Awards 2026: Shortlists revealed

COVER Excellence Awards 2026: Shortlists revealed

Award ceremony in London, 10 November, 2026

COVER
clock 06 August 2026 • 4 min read
The missing asset in financial planning

The missing asset in financial planning

Money and health

Tony Müdd
clock 05 August 2026 • 2 min read