Category: Protection

Royal London has upgraded its protection offering and will now pay up to £25,000 on diagnosis of low grade prostate cancer, which apart from Vitality nobody else does.

Over two million people are borrowing money from family and friends to help pay for their insurance, premium finance company Premium Credit has found.

The range was first launched through a limited number of networks and intermediaries in late 2017.

The platform provides rates, recommendations, underwriting and claims rule-sets, along with compliant documentation and digital payment methods, as part of an end-to-end solution, which links clients, distributors and underwriters.

PRIMIS and Personal Touch Financial Services (PTFS) have opened registration for their series of Autumn Protection Workshops at the end of November and throughout December to brokers across the country.

Home insurance customers are benefiting from increased competition for their business – but price rises could be on the way, analysis from insurance data analytics expert Consumer Intelligence has found.

At the same time Ross Liston has been hired as managing director of Bankhall and PMS from Standard Life, where he spent 26 years.

Members of the network now have access to the insurer’s life and critical illness products, as well as Scottish Widows Care, with support from RedArc, for people and families who are most vulnerable.

Adult payments within the Critical Illness Extra plan move up from the current lower of £25,000 or 25% of the sum insured to the lower of £30,000 or 25% of the sum insured.

Total life business volumes from both appointed representative (AR) firms also increased, with £13.43 million of life application commissions (up 5%) and £10.98 million of life completion commissions (up 4%).