Kevin Carr, chief executive of the Protection Review, gives his verdict on five developments in protection this month…
5. New product launches This month has seen new protection product launches from British Friendly and PruProtect. British Friendly launched a new intermediated Income Protection plan offering both short term and long term protection, while the new products from Pru included Family Income Cover, Whole of Life and forward thinking Education Cover, which is designed to cover all potential costs associated with a child’s future education. In a time of mergers and closures, it’s encouraging to see something new. VERDICT: UP 4. Property remains the top protection trigger According to new res...
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