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Permanent add critical illness to mortgage range

Permanent is adding a critical illness only product to its mortgage protection range in response to IFA demand.

Permanent says the critical illness mortgage can be used for those who want to add critical illness to existing life cover, either as a straightforward addition to a life mortgage protection policy, or for those who have swapped from an endowment to a repayment mortgage and have kept the endowment as a savings and protection vehicle.

Permanent sales and marketing manager Rod Macdonald says: “We have had an unprecedented reaction from IFAs to our advertising campaign and this launch is in direct response to the changing nature of the mortgage market and related protection products.”


Polarisation changes pave the way for Fund Supermarkets

Fund supermarkets will be allowed to continue without risking infringing polarisation rules, after changes to the legislation were announced today. The changes, proposed in a letter to the Chancellor by FSA chairman Howard Davies, will allow supermarkets to freely promote products from multiple providers — exempting them from the current polarisation legislation. Polarisation restrictions to […]

Bupa wins best insurer award

BUPA is offering on-line financial protection against new variant Creutzfeld Jacob Disease (CJD) following nationwide fears of a possible epidemic. Bupa’s Critical Illness Protector will pay out a tax free lump sum of up to #50,000 if a policyholder develops CJD. The money could be used for paying care costs or to reduce other financial […]

Make sure it&#39s you, not them

Most IFAs have clients who regularly buy National Lottery tickets through a workplace syndicate.Playing the lottery may seem simple – you choose six numbers and wait for the inevitable disappointment – but there are two areas that should be given just as much thought as choosing those all-important six numbers.First, how many clients are aware […]

MM needs IFAs to respond to shock news

The Money Marketing poles apart campaign is calling on IFAs to e-mail their reaction to the shock news about polarisation to the paper. IFAs should e-mail their response to The responses will be published in the newspaper in the next few weeks.


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