Designed to help intermediaries comply with IDD
Paper forms and signatures no longer needed
Advisers can now write Business Protection and Relevant Life plans in trust via self-service portal
Swiss Re inputs to OTS consultation and calls for tax exemptions for employers taking out group life assurance (GLA) - should be "extended to include relevant life"
New version is "a different beast entirely" compared to individual CIC plans, says Alan Lakey
CIC replaced by 'employee significant illness cover' to meet HMRC requirements and remove confusion
F&TRC has announced its product ratings for income protection, business protection and relevant life.
Legal & General (L&G) will not add critical illness cover (CIC) to its relevant life plan (RLP) warning it would not be 'compliant with current RLP legislation' and could lead to policyholder detriment after dialogue with HMRC, COVER can exclusively reveal....