View more on these topics

Term insurance sales up

Sales of term assurance increased by 8 per cent to 1.05m in 2000 from 973,000 in 1999, according to a survey by GE Frankona Re.

The increase means term assurance has now been bought by 25 per cent of the UK working population, with 7.3m policies in force in 2000. Sales of policies over the web increased by 3 per cent to 30,000 in 2000, from 29,000 in 1999.

Level term assurance was the most popular plan type, accounting for 51 per cent of total sales, followed by decreasing term assurance with 36 per cent and pension term with 4 per cent.

Recommended

Outside edge robert reid

The other day, I had the benefit of a new virus, which disabled my pc, butthe support I received from the technical desk at my anti-virus softwaresupplier made me feel quite relaxed about a very serious problem. In contrast, the attitude of some product providers still leads a lot tobe desired and an increasing argument […]

Davy challenge starts portals&#39 storm

DBS chairman Ken Davy is throwing the gauntlet downto The Exchange by predicting Misys&#39 acquisition of DBS will deliver the number one portal for IFAs.In an article in this week&#39s issue of Money Marketing, Davy says: “I believe the Misys/DBS combination will deliver a portal of choice in the advice market. Many IFAs say they […]

Standard Life and Sterling Assurance join AssureWeb

Standard Life and Sterling Assurance are the latest insurers to offer an online new business service to IFAs through the AssureWeb internet trading platform.Standard Life&#39s Capital Investment Bond and Sterling&#39s Unit Linked Bond are now available over AssureWeb and intermediaries can complete business online from quotation to application to submission.AssureWeb now has nine product providers […]

Exclusive Connections moves beyond 100 per cent

Exclusive Connections has unveiled a flexible 100 per cent mortgage that has a 1 per cent discount for the first two years.The mortgage has a current payable rate of 6 per cent and allows borrowers to overpay, underpay and take payment holidays. But they cannot make lump sum withdrawals. Interest is calculated monthly and Exclusive […]

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