New initiatives around funding long-term care will likely benefit only high-net worth consumers, while less wealthy people will still end up selling their homes to fund care, Zurich has suggested.
Firms have developed the capability to hold protection products on a retail investment platform. How does it work and do you think the market is moving this way?
The perceived value of a protection policy drops after its sale and is leading to lapsed policies, The Syndicate has said.
Insurer Zurich paid out on 94% of its critical illness policy claims last year, up from 90% in 2012, latest statistics show.
Term assurance is the most black and white protection policy. Have we seen any colour in the market over the past year? Fiona Murphy investigates.
Zurich has launched an investment linked protection solution on its platform, which will allow policy holders to protect platform investments from stock market fluctuations.
SME growth and confidence on the up despite growing workforce challenges.
Zurich has launched group spouse/partner life insurance cover for its corporate risk customers.
Insurer Zurich is training its sales staff to obtain the same minimum qualification level as that required of the advisers they speak to.
Insurer Zurich has made close to $1bn from the sale of its stake in Chinese insurer New China Life (NCI).