The perceived value of a protection policy drops after its sale and is leading to lapsed policies, The Syndicate has said.
Unum says insurers and brokers should embrace social media to 'stay successful in the digital age'.
Munich Re estimates one in seven claims are paid in respect of someone deliberately failing to disclose relevant medical or lifestyle facts on application, mostly so significant that the application should have been rejected.
More than half of consumers who have bought protection insurance (53%) have 'never reviewed' their protection needs, the latest Aviva research has found.
One in 3 women diagnosed with breast cancer in England each year are aged 70 or over, a Public Health England campaign has warned.
CIExpert has upgraded its functionality and added a number of enhancements to make it easier for advisers to compare Critical Illness (CI) policies.
Friends Life has raised £140,000 for the Lister Macmillan Cancer Centre which will go towards initiatives including a welfare benefits advice service.
LV= has seen a slight decrease in its protection business over the last year but says sales have been 'resilient' amid ‘adverse market conditions'.
Lloyds Banking Group says it is increasing its provision for the mis-selling of payment protection insurance (PPI) by another £1.8bn, bringing the total to nearly £10bn.
Canada Life Group Insurance has expanded its Group Income Protection (GIP) Early Intervention Service (EIS) to cover over 320,000 additional employees.