View more on these topics

Dunbar pushes life plan to IFAs

Zurich is aggressively promoting its Allied Dunbar protection range to IFAs following the sale of its Zurich Life subsidiary last week.

IFAs claim that since the sale they have been contacted by Allied Dunbar broker consultants pushing the Dunbar-branded High Cover plan.

The plan is a combined life and critical-illness product with annually reviewable premiums that has been on the market for two months but was not previously promoted through the IFA channel.

It is the first mainstream Dunbar-branded product distributed through IFAs since Allied Dunbar was rebranded as Zurich Advice Network in 2001.

IFAs say it offers good protection when linked to mortgages or personal loans in the short term but premiums escalate as policyholders reach an age where they are more likely to make a claim.

John Joseph Financial Services director Steve Petrie says: “I think that the product is more important than the company image and the Dunbar protection underwriting team has long been one of the best going.”

Sesame head of research Dale Tranter says: “They will be pushing Dunbar more in the wake of the Zurich Life deal but I would not be surprised if they opened a new company with the Zurich name and relaunched all the Dunbar products through it.”

Zurich spokeswoman Erica Harper says: “Allied Dunbar is a big protection name. It has always been on the tied side and it is now being promoted to IFAs as well.”

Recommended

MediQuote adds Health-on-Line products

Comparative private medical insurance and cash plan portal MediQuote has added individual products from Health-on-Line to its offering. Group Company Choice plans will also be offered from September.Health-on-Line&#39s PMI plan offers essential in-patient cover with the choice of adding any of seven additional options instead of a pre-determined basket of benefits.MediQuote business development director Mark […]

Future moves into mainstream self-cert

Future Mortgages is targeting the mainstream self-cert market for the first time with a new range of loans.The range includes a discounted self-cert mortgage at 4.69 per cent until January 31, 2007, when the rate reverts to 5.94 per cent. The loan is available up to 85 per cent loan to value. Early repayment charges […]

With-profits stands the test of time

The popularity of with-profits bonds throughout the 1990s is well documented but times have changed and the economic environment we are living in today is very different. Some IFAs and investors might question whether with-profits bonds are still a viable place to invest new money in 2003.The downturn in markets over the last few years […]

Millions benefiting from Child and Working Tax Credits

More than five and three quarter million families are already receiving the Child and Working Tax Credits, according to the Inland Revenue.It says more than 250,000 more tax credit awards were put in place over the last month alone, with another 45,000 being worked on. Six million are expected to benefit.The new tax credits are […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com