Rewarding our readers, supporting income protection claimants, interest rate insights and separation options 

CPD: In reading these articles you will understand: 

• Why policy interest rates matter when it comes to mortgage life insurance 

• What interest rate options different insurers offer 

• Which insurers offer more flexibility when selecting the right interest rate, or features to ensure the mortgage is fully repaid if the mortgage rate changes 

• Why separation options might be necessary for clients 

• What options insurers offer for clients wishing to split a joint life insurance policy 
• What restrictions or limitations insurers impose on separation options 

Last week we decided to start proceedings by rewarding our readers with a chance to win £100 in vouchers and early access to some of our exclusive content.  

How to access everything you need to know about Artificial Intelligence in Financial Advice?  

A few weeks ago, our sister company AdviserSoftware.com held a hugely successful conference on Artificial Intelligence in Financial Advice. If you didn’t attend but would like to know what went on, we videoed the whole show. This includes:  

• A keynote session from our founder Ian McKenna 

• Three plenary sessions 

• 18 eight-minute demos of technology that could be helping your business today 

Normally, we would not be releasing this to non-delegates until 1st September but for our Protection Guru audience we decided to make a special offer. 

Click on the link above to access the survey you need to complete to  access to the sessions and for a chance to win £100 in vouchers. 

What advisers can do to support income protection claimants 

Amanda Newman Smith wrote an article on how advisers can support their clients who need to claim on their invaluable income protection plans. 

The reality is, unless your client works purely for the fun of it and not for the money, arranging income protection will be one of the best decisions they’ll ever make and give them the financial safety net they need. However, once your client has taken out the policy, it’s important that advisers are there should the client ever need to claim on it. 

This article gives three simple things any adviser can follow to ensure your client feels supported through what is a very difficult and testing time for them. 

Which insurers go the extra mile in covering interest rate options on mortgage protection plans? 

Two years after the UK government sent shockwaves around the UK at their September ‘Budget’, we took another look at the interest rate options currently available on Mortgage Protection plans. 

Although some insurers have remained consistent since September 2022, there has been a lot of change in the market on this topic, seeing some insurers going from best in class to getting lost in the crowd and seeing an insurer rising to the top and standing out above the rest. 

Click on the link above to delve into the topic and find out who’s the best insurer in this area. 

What joint life insurance separation options do insurers currently offer? 

Despite the best will in the world, sometimes relationships don’t work out and you both decide it’s best to go your separate ways. 

Although the majority of protection insurers offer the separation option, there are exceptions to this, which are important to know.   

The other important areas to consider is if the option is available to the client, will the insurer treat this like a Guaranteed Insurability Option (GIO) and allow you to keep your original premium, or will they reprice your policy based on current premium rates? 

CPD available through the articles with additional link to related articles. So, what are you waiting for? Grab yourself a coffee and get some learning under your belt: 

How to access everything you need to know about Artificial Intelligence in Financial Advice?  

What advisers can do to support income protection claimants 

Which insurers go the extra mile in covering interest rate options on mortgage protection plans? 

What joint life insurance separation options do insurers currently offer? 

Things to reflect on for CPD: 

• How might each insurers approach to separation options influence your recommendations? 

• Are there any factors you would consider before recommending a joint plan in the first place? 

• How big a factor is the interest rate options available when discussing options with clients and making your recommendations? 

• Which area of your business would benefit the most from the introduction of Artificial Intelligence?