“We believe it should be up to the customer to determine what is fair value”
Reduced features available for affordability
Provider service quality, claims timescales and Consumer Duty
"Protection advice more than ever has been budget driven"
"Autonomy gives us the ability to look at underwriting on a case-by-case basis"
Pricing and transparency concerns
Continuation of cover for individual and SME customers with no additional exclusions
Legal & General has upgraded its term assurance products and terminal illness cover (TIC).
The Finance & Technology Research Centre (F&TRC) has launched a tool for advisers, the Quality Analyser Research and Panel Selection comparison service for protection.
Various types of exclusions are found in life and health insurance policies. James Shattock explains why they exist and that discounts for underwriting exclusions are now here to stay