Monday, 4 June 2001.
Type: Accident, sickness and unemployment insurance.
Maximum benefit: £1,500 a month or 65 per cent of monthly income, whichever is lower.
Benefit payment term: One or two years.
Deferred period: 30 or 60 days.
Premium: £4.25 per £100 of cover.
Commission: Initial 25 per cent, renewal 25 per cent.
Tel: 01273 477784.
Consumer confidence in the NHS's ability to provide a comprehensive service has been brought into question by research from Standard Life Healthcare. It shows 59 per cent of people believe the NHS cannot provide free treatment for every condition, given the number of new drugs and treatments that have been discovered. Fifty per cent believe […]
Friday, 1 June 2001.Type: Fixed rate mortgage for members of Mortgage Next service.Fixed term: Until July 31, 2006.Fixed rate: 6.09 per cent.Minimum loan: £15,001, remortgages £25,001.Maximum loan: Up to 95 per cent of valuation subject to no maximum.Income multiples: Subject to negotiation.Arrangement fee: £299.Redemption fee: 7 per cent of amount repaid plus £100 until July […]
IFAs are reaping the benefit of the collapse in direct salesforces and now account for nearly 60 per cent of the growing individual life and pension market, according to the latest ABI figures. IFAs took 59.4 per cent or £1.3bn of all new individual life and pension business on an equivalent premium income basis in […]
The underwriting of applicants for life or general insurance products is,at a high level, a simple process. The product provider simply has to decide which applicants to accept andwhich to decline. If only life was so straightforward. The detailed processes which underlie the high-level aim of underwritingare complicated. Before considering these, however, we need to […]
By Fiona Tait, Pension Specialist Royal London firmly believes in the value delivered to clients by financial advisers, not just for one-off events but on an ongoing basis. This is a position we continue to hold in our consultation responses and external communications while always questioning whether there are ways in which we can help […]
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The Financial Services Compensation Scheme has today declared The Lifetime Sipp Company in default. Lifetime Sipp was placed into administration in March 2018 and later went into liquidation on the 2 April 2019. The complexity of claims related Lifetime Sipp’s books and led to the FSCS having to spend a lot of time making detailed […]
Most of us have been plagued by unsolicited emails, texts, calls and unsavoury adverts trying to persuade us to claim for payment protection insurance or road accidents that never happened. Now claims managers have fallen under the auspices of FCA regulation and are shortly to lose their golden PPI egg, they are desperately searching for […]
I am conscious I have been a pessimistic voice on the topic of defined benefit transfers, but I find the recent drop in the number of them as puzzling and concerning as the rise that came before it. There are many who say it is natural for the demand to reduce because those who should […]