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

Tavistock acquires Lifetime Financial Management Intermediaries

Tavistock acquires Lifetime Financial Management Intermediaries

Refocusing the company's strategy

Isabel Baxter
clock 12 September 2025 • 3 min read
LifeSearch appoints CIO to boost tech strategy

LifeSearch appoints CIO to boost tech strategy

Support for next phase of growth

Jaskeet Briah
clock 08 September 2025 • 1 min read
Majority of customers prefer human-led financial advice over AI

Majority of customers prefer human-led financial advice over AI

Unbiased research findings

Jaskeet Briah
clock 03 September 2025 • 2 min read