View more on these topics

Standard offers healthcare switch option

Standard Life Healthcare is offering a switch option for the over-60s’ market to help customers change from their current insurer.

The switch option allows customers to leave their existing provider and bring their current medical underwriting terms to Standard Life Healthcare. Customers can switch to the firm’s primecare, primecare saver choices plan and supersave range.

If people who have built up a good claims’ record with another insurer switch to one of Standard’s no claims’ discounts plans, they will start their policy with a higher no claims discount, making their premiums cheaper.

Standard’s research among 1,007 adults shows that one in five people say they are likely to switch financial services provider in the coming year.

The main factors when switching are saving money by 84 per cent and improved customer service by 77 per cent. Seventy-four per cent say they favour the idea of a no claims discount.

Standard Life Healthcare is issuing guides on switching to intermediaries.

Sales and marketing director Iain McMillan says: “We have been bowled over by the response. Over 1,600 have already switched to us, making massive savings.”

Recommended

No relation

Further to the article on Square Mile Wealth on October 14, can I just confirm that there is no actual introducer relationship between Hamptons International Mortgages and Charles Cameron.Kevin DuffyManaging director,Hamptons International Mortgages, London

The Investment Clock: Keep calm and Macron!

Trevor Greetham, Head of Multi Asset In a marked contrast to the surge in risk sentiment that followed President Trump’s election in November, markets greeted Emmanuel Macron’s victory in the French presidential election with satisfaction and relief, rather than euphoria. After rallying strongly on opinion polls that accurately predicted the outcome, the euro held onto […]

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