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Latest - PROTECTION

  • Aegon pays out £2.3m in skin cancer claims

    15 August 2018

    Insurer flags need for early identification and ‘thorough’ approach to application forms.   Skin cancer accounted for 8% of all cancer-related claims in 2017 received by Aegon. While it wasn’t the most common type of cancer-related critical illness claim, the insurance and pensions provider paid out £2.3 million in skin cancer critical illness claims...

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  • Call for statutory regulation of pre-paid funeral plans

    12 August 2018

    Funeral plan provider Golden Charter has called for the Funeral Planning Authority to be given the power of statutory regulation of pre-paid funeral plans, arguing it would better serve IFA and consumer interests. The group says providing the FPA with enhanced powers would provide the funeral market with a focused regulator. According to Golden...

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  • Old Mutual Wealth boosts critical illness cover with 80 enhancements

    6 August 2018

    Old Mutual Wealth has announced that it has made nearly 80 enhancements to its critical illness cover, enabling more clients to make claims. The company, which is part of wealth management group Quilter plc, said changes included a combination of new medical conditions, enhancements to payment conditions, improvements to children’s cover and clearer definitions....

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  • Survey looks at financial terminology understood by consumers

    26 July 2018

    Financial terminology remains a minefield for many UK adults, with a large number lacking the knowledge and confidence to correctly understand the different meanings, according to research by Reboot Online Digital Marketing Agency.  Of all the financial terms, Reboot Online found ‘savings account’ was the best understood, with 92% of British adults feeling confident...

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  • AIG Life’s critical illness, life, and income protection added to UnderwriteMe

    17 July 2018

    AIG Life Limited has added its upgraded critical illness, life, and income protection cover products to UnderwriteMe’s comparison service. The addition of AIG Life means a total of eight UK protection providers are now live on the online service, which enables intermediaries to quote, compare, underwrite and sell with ‘buy now’ prices. The online...

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  • July / August Issue OUT NOW

    28 June 2018

    In your bumper edition of Professional Paraplanner this month we have two specials for you: Click here to read The Professional Paraplanner Awards 2018 – We celebrate our second year of awards, recently held at the Grange St. Paul Hotel, London AND a Tax Special. In this 8-page section, we look at inheritance tax...

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  • iPipeline expands quoting capability via SolutionBuilder

    25 June 2018

    iPipeline has announced it is further expanding its quoting capability via SolutionBuilder.  In January 2018, it introduced the ability to quote General Insurance products via the system and Paymentshield has since joined the service allowing quotes ofr Buildings and Contents. This capability was initially launched with the Openwork network and has since had a...

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  • Funeral market comes under spotlight from CMA and Treasury

    13 June 2018

    The Competition and Markets Authority is set to launch a review into the £2bn funerals market, examining both the cost of funerals and the information provided by funeral directors on prices and services.  The average cost of a funeral totaled nearly £3,800 in 2017, not taking into account extras that can add a further...

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