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Skandia sees record high-value CI sales for August

Skandia says has witnessed record high-value critical illness sales for August.

Over a dozen CI policies were purchased at over 1m sum assured each, four of which has sum assured at 2m.

Skandia says moving towards reducing benefits in CI products to provide low-cost policies is not the answer for the wider market and could increase customer dissatisfaction with these products in the long-term.

Skandia protection marketing manager Alison Turner-Holmes says: “Our sales show that it is far from all doom and gloom in the CI sector, particularly for quality products that offer good benefits for the consumer.”

Low priced policies may appear attractive but we believe consumers want value for money and cheap deals often do not deliver that.”


Agency could assess regulatory impact

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It all adds up to nothing

Sorry, I know what I am about to comment on happened a couple of weeks ago but I really had to come back to this topic, if only because of the utterly mendacious way in which the Government has chosen to treat the issue.

Eurolife offers investors 50% to get out early

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Derek Stuart: where to find value in the UK?

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