The top 5 articles on Protection Guru in 2023
Following on from yesterdays 10 to 6 countdown, today we announce the 5 most read articles on Protection Guru in 2023 as read by advisers.
NO.5
Non financially underwritten income protection:
What you should know
With many people facing an unprecedented squeeze on their income, the shock of removing that income entirely as a consequence of ill health is likely to be catastrophic, so there’s arguably never been a more important time to focus on income protection. With changes to many people’s working practices and the rise of self-employment and the gig economy, income protection policies need to adapt to reflect these new working realities.
NO.4
Which insurers are adapting income protection for medical and public sector professionals?
Arranging an income protection policy for NHS medical professionals, teachers, and public sector workers can be a daunting task for advisers, especially when it comes to matching the defer period with the clients’ sick-pay arrangements. Typically, most insurers provide a fixed defer period of 4, 8, 13, 26, or 52 weeks, which may not be flexible enough to align with the sick pay provision in certain professions. However, some insurers have acknowledged this issue and now offer sick-pay matching defer periods for specific occupations. This insight delves into those options in greater depth.
NO.3
Skip the waiting room: How insurance providers stack up for remote GP visits
A significant number of insurers now include access to GP services, so being aware of who offers what could help advisers highlight a very valuable benefit to their clients. Support benefits such as GP services are also increasingly becoming integral to protection plans, and in many cases give client’s access to services they’ll use more frequently than the core cover. Unless highlighted by the adviser though, client’s may not know they have access to such benefits.
NO.2
Life Insurance: which insurer offers the highest non-medical underwriting limits?
Understanding an insurer’s requirements for assessing your cliemnts’ application is key to ensuring a smooth and hassle-free process. One important aspect is medical evidence – when is it required and what kind of evidence will be requested? In this article, we’ll break down the sums assured at which insurers will automatically request medical evidence and the specific requirements for different age ranges, so you can be prepared and avoid any delays.
no.1
A huge SIC launch from Vitality:
Will it convert the doubters?
In Feb 2023, Vitality launched probably the biggest product update of the year. They made wholesale changes to their Serious Illness proposition and as always we were there to help advisers better understand what the new products were and pracically what it meant for their clients.
