Family Assurance

Lack of flexibility and limitations on bolt-ons have been eroding the value of term assurance, an adviser has warned.

A UK-based reward and benefits provider will now offer Allianz Global Assistance's Family Homecare plan products.

LifeSearch has accused providers of commuting Family Income Benefit (FIB) payments into lump sum payments and called for the practice to stop.

Scottish Provident has reported a four-fold increase in sales of its critical illness plans on an income basis.