Welcome to this week’s Protection Update.
Please take the time to read through the update as there may be some information that is important to you.
Included in this week’s update:
More2Life: Our latest COVID-19 update to keep you informed
GREAT NEWS. After an intense period of negotiation with all of our funding partners, we are now in a position to start undertaking semi-automated (desktop) valuations on some of our products with immediate effect. You [...]
Latest Update from Berkeley Alexander
We are now into week 3 of remote working for the BA team and I can confidently say it is business as usual. Our CS & Renewal teams are continuing to assist brokers/clients with policy [...]
AIG: Virtual medical screening now live
Meet the team: underwriting and claims Based across the UK, our team of underwriters are here to support advisers. They carefully assess the insurance applications we receive – whether for income protection, critical illness or [...]
Brand new webinar – Paymentshield Integration with the Key
We have added a brand new webinar to our online series, taking place on Thursday 30th April, 1.00pm - 1.45pm. The webinar will be hosted by Mark Lee, Systems & IT Manager and will provide a [...]
Adlington Law: Non Face to Face Solicitor Appointment Guidance Following the Equity Release Council’s Temporary Measures
Further to our e-mail of the 31st March 2020 we want to take this opportunity to update you further with regard to the procedures we have now implemented, following the issue of the ERC’s [...]
Equity Release Council: Member Update
We wanted to send you my thanks for all the hard work that you are doing looking after the needs of customers who want to have the option to choose equity release and for [...]
Aviva: An update on remote valuations
We have been working hard to overcome a range of issues regarding the challenges of carrying out physical valuations given the social distancing restrictions in light of Covid19. During this period, as physical valuations [...]
Holloway Friendly adds three month ‘premium holiday’
Mutual launches an additional ‘career break’ option to help members who may be struggling financially. Between 15 April and 15 July, Holloway Friendly members can request a three month ‘premium holiday' as long as they [...]
Royal London: Helping your business stay on track
Coronavirus and updates to our underwiting In these unprecedented times, we’re committed to helping you cover as many of your clients as possible. But we’ve had to make some changes to our business operations to [...]
CuraVision – The ABCs – Mr T – TIA
In the latest CuraVision video from Cura, Kathryn talks about Thomas*. Thomas came to Cura seeking protection insurance to cover his mortgage on the family home. The main reason Thomas approached Cura for advice was [...]
LV= increase non-medical limits by 10%
From Tuesday 14 April 2020 LV= are making changes to their underwriting limits and practices - to make applying for protection easier and reducing demands on the NHS - by: Increasing non-medical limits by 10% [...]
VitalityLife announce COVID-19 premium reduction
VitalityLife members can reduce their premiums by 25%, 50% or 75% and their cover will reduce by the same percentage, effective from their next premium collection date. This option applies to all VitalityLife policies. [...]
Legal and General: Desktop valuations now available for all lifetime mortgages
We’ll be offering desktop valuations for all of our lifetime mortgages from 6 April We have been working as quickly as we can to implement an alternative way of valuing without a home [...]
Pure Retirement – Here to support you as always
Latest updates in the current situation In the current times of uncertainty within the market, we’re pleased to announce that we now have Desktop Valuation solutions for the majority of our products. Both our [...]
Canada Life: We’ve made changes
With effect from 10am - Tuesday 14th April, we've changed the interest rates and LTVs across our Lifestyle Options and Capital Select Options. We're also temporarily closing Lifestyle Gold Plus, Lifestyle Platinum, all Voluntary Select [...]
Just: Changes to lending criteria and maximum LTVs
We appreciate that due to coronavirus many customers are reluctant to let surveyors carry out the usual physical property valuations and that many surveyors willl no longer conduct them. So we can continue to [...]
Chorley Building Society: Lending into retirement
Julie Goodwin, Head of Business Development at Chorley Building Society discusses this growing trend. It’s no surprise as life expectancy continues to grow, the number of those continuing to work later in life is [...]
