News

The role of insurers and financial advisers is ‘critical' to the advice challenge on long-term care (LTC) fees, delegates heard at the 2014 COVER Forum.

Customers are willing to buy but often do not appreciate the differences between buying Life Insurance and other Insurance products, the Cover Forum was told.

The way in which the insurance industry works is likely to see huge changes in the near future predicted a panel at the cover forum.

Less than a third of people trust insurance providers with numbers proving hard to improve.

Older workers are not being told about their right to continue working past age 65 while many employers are also choosing to restrict benefits for staff above this age.

The dominance of mis-selling claims about protection products remains an issue for the industry, the Financial Ombudsman's Melissa Collett has warned.

A new group life brand, Havensrock, insured by Scottish Friendly and distributed by advisers PSHPC, has launched to the market with a proposition recognising that not all industries share the same risk.

The Competition and Markets Authority (CMA) has published a final order confirming timescales for reforms following its investigation into the private medical insurance (PMI) market.

Zurich is to extend its distribution capacity offered through Openwork advisers following the adviser network's with over 900 new protection advisers.

Reforms simplifying what happens when someone dies without leaving a will came into force on 1 October.