Category: General Insurance
The FCA said that firms should review their product lines, and act where products have not delivered the intended value to customers.
The changes have been made to HSBC’s Core Critical Illness and Critical Illness Plus products.
The special rates apply across Ceta’s panel of underwriting partners.
The FCA has proposed significant reforms to tackle ‘price walking’.
Martin Schultheiss was formerly group managing director at Sesame Bankhall Group.
The CII is responding to Chancellor Rishi Sunak’s recent announcement about aid for the self-employed.
The FCA has also provided clarification in relation to suspension of products and policy renewals.
CIExpert’s online statistical ranking system aims to reduce the research time for advisers when sourcing critical illness cover.
The new service is launched in partnership with the Medicals Direct Group.
Uinsure has additionally cut down its final set of confirmations required to validate full eligibility.