Responding to the growing appetite for low-cost health insurance products and services
|
|
- Jonas Skinner
- 8 years ago
- Views:
Transcription
1 insurance services Responding to the growing appetite for low-cost health insurance products and services Most people love the NHS. However, state provision is increasingly at risk from the relentless demand for health care and if reports are to be believed, is not far off from needing life support itself at least in its current form. Most of the debate remains firmly focused on funding On April 1st the changes introduced by the Health and Social Care Act the biggest reorganisation of the NHS in England since it was created in 1948 went live. Despite this, most of the debate remains firmly focused on funding. With the UK s budget deficit still rising and austerity forecast to continue far longer than expected, the pressure on public finances remains intense. The immediate challenge is for the NHS to deliver the full 20bn of cost savings it has been tasked to achieve by 2015 at a time when demand for NHS services is rising by up to 5% per annum [1] ; without impacting on front-line care. It is a very tough challenge by any standards. Even if it is successfully tackled, the Nuffield Trust reported last year that the NHS would still have a funding hole of 28bn by 2021/22 and looking even further ahead, new King s Fund research shows that on current trends, health and social care alone could consume 50% of all Government spending in 50 years time [2]. Given the pressures, it is not surprising that almost 50% of all consumers feel that over the next 12 months the NHS will get worse with front-line services being affected [3]. 1
2 There is growing evidence to show this is now the case, with stories of rationing and people being denied treatment making headlines across the tabloids as well as the broadsheets. Change is now inevitable there is simply no other way. In a recent interview with the Financial Times, Malcolm Grant the chairman of NHS England even warned that a future government will have to consider introducing new charges for the NHS unless the economy picks up although he indicated he personally would not favour this move [4]. Our research also reveals an increasing willingness on the part of consumers to take more control over their own future. This will almost certainly openup greater opportunities for supplementary healthcare and related products and services. This is especially so in the mass market where for many customers full Private Medical Insurance (PMI) is less widely available due to cutbacks in employer provision or is simply not a financially viable option, with the squeeze on household finances. FirstAssist is responding to these changes with a programme of new product development to equip its partners with an expanded range of health and accident products and services to meet mass market customers emerging and ever changing needs to gap fill areas of NHS provision. An increasing consumer acceptance that the NHS has to change We know that many consumers find themselves in a very difficult and uncomfortable emotional place with the NHS. There is no doubt that the public are proud and protective of the NHS, a 2
3 fact reinforced by a recent MORI poll in which it revealed the NHS to be the number one area the public want protected from the cuts [5]. There is huge goodwill and trust in the NHS to deliver when it really matters; for life threatening or serious conditions. Yet, at the same time, the public are beginning to wrestle with the inevitability that services are going to have to be reduced or in some cases charged for if the NHS is going to stand a chance of achieving the cost savings, as well as tackling the longer-term funding challenges with an ageing population, rising costs of medical advances and of course, addressing the cost of increasingly unhealthy lifestyles. Whilst the public still passionately believe in the basic principle of a national health service which is free at the point of need, a recent study published by the King s Fund and Ipsos MORI reiterates the growing acceptance that public finances can only go so far and that the NHS should introduce payments for some services [2]. The study [2] also shows there is some support for cutting public funding for treatments not perceived to be clinically necessary. We too have found out that people feel that cosmetic treatments, such as tattoo removal, cosmetic surgery reversal and weight loss surgery should no longer be funded by the taxpayer [3]. A growing appetite for supplementary products and services One of the major findings of our research through YouGov is the extent to which consumers would be prepared to consider purchasing products or services that provide access or cover to address concerns they have about NHS provision. The question specifically excluded full Private Medical Insurance (PMI) cover as an option to ensure the responses were not biased by this. This level of interest is not surprising given the scale of the changes, media spotlight and the strong consumer desire to make sure their health, wellbeing and day-to-day needs are all looked after. This is particularly so for those with dependent families and at older ages, where the pressures of NHS reforms is strongly felt. 3
4 According to Mintel [6], around 27% of the UK population already have some form of health insurance. Of this, 16% have Private Medical Insurance (PMI) with a further 5% owning Health or Hospital Cash Plans. Ownership levels of PMI are concentrated within the higher net worth segment (household incomes above 50,000). This segment of the market is generally well served through workplace provision and by advisers. The other end of the market (C2D) is typically served with supplementary budget health products (which cover accidental death, disability and hospitalisation benefits). The primary opportunity is to therefore extend the range of supplementary health and accident products for the mass market around 40 million people in total. Market potential Mass Market A (4%) Higher managerial, administrative and professional B (22%) Intermediate managerial, administrative and professional C1 (29%) Supervisory, clerical and junior managerial, administrative and professional C2 (21%) Skilled manual workers D (15%) Semi-skilled and unskilled manual workers Highest level of PMI ownership Around 40 million of the UK population The primary market opportunity for those who generally cannot afford full blown PMI Require simple affordable health, life and accident products E (8%) State pensioners, casual and lowest grade workers, unemployed with state benefits only Approximate average net annual income for the chief income earner A - 37,500; B - 30,000; C1 20,000; C2-18,000; D - 15,000: E Source: National Readership Survey data 4
5 Consumers are especially worried about diagnosis of medical conditions Our research shows that one of the top three consumer anxieties about the NHS today is the time taken to get a medical condition diagnosed, with 30% of the respondents worried about this [3]. It is the aspect most likely to lead to areas of dissatisfaction and is one of the major concerns people have when they consider the impact of the spending cuts on services. With mounting consumer concern about increasing NHS waiting times, FirstAssist has introduced Priority Diagnostics Plan for individual customers buying outside of the workplace. This timely extension to our product range equips customers with the means to be more in control of their healthcare and delivers them peace of mind when it s most needed. Leading the way with new products and services FirstAssist continues to innovate with an exciting range of new health and accident products, helping partners extend their customer propositions, deliver increased value to them and in the process, generate new sources of revenue growth. This year we ve also added Critical Illness Cover to our growing suite of health and accident products. This offers customers a tax-free lump sum pay-out that relieves the financial burden if they are diagnosed with one of the main six critical conditions such as a heart attack, stroke or cancer. Most importantly, it comes with a fast and simple application process, without the need for a medical examination or GP referral, making it an ideal product to offer to a mass market audience. [1] The Telegraph, 15th April 2013 [2] Health Insurance Magazine, 17th April 2013 [3] Exclusive FirstAssist research conducted by YouGov, February 2013 [4] The Guardian, 17th April 2013 [5] The Guardian, 3rd December 2012 [6] Mintel, Private Medical and Health Cash Plans UK (August 2011) To find out more, please contact Jody Baker, Head of Business Development on or us at corporate.info@firstassistinsurance.co.uk 5
6 For over two decades, FirstAssist Insurance Services has been a silent partner in our markets working behind many of the UK s largest brands. We deliver specialist and bespoke white-label insurance solutions which generate many millions of pounds of additional income for our clients each year whilst extending their customer propositions. In that time, we have built an enviable reputation as one of the UK's leading providers of white-label solutions across our core areas of insurance expertise: travel, protection, health, life, accident and legal protection. Driven as a specialist business by an entrepreneurial, commercial management team, we provide a unique range of products and flexible marketing solutions for banks, insurers, affinity organisations, corporations, intermediaries and small and medium-sized enterprises. FirstAssist Insurance Services was acquired by Cigna in November 2011, which further enhances our capabilities with access to a broader range of health, life and accident products and the benefits of Cigna s global expertise and infrastructure. We provide award-winning levels of customer service to nearly three million customers. With over 160 individually tailored schemes through major UK brands, we know one size does not fit all. From the commercial arrangements to the regulatory relationship, from a full service stand-alone product proposition to wholesale risk provision, we will custom-design the perfect solution to meet your customers and business needs. insurance services FirstAssist Insurance Services Limited, Marshall s Court, Marshall s Road, Sutton, Surrey, SM1 4DU Registered in England & Wales No Authorised and Regulated by the Financial Services Authority FirstAssist Insurance Services Ltd is part of Cigna.
Making health insurance more accessible for the mass market
insurance services Making health insurance more accessible for the mass market Recent waiting time figures show the NHS is creaking at the seams as it finds it increasingly difficult to deliver the required
More informationMeeting the needs of an ageing population
insurance services Meeting the needs of an ageing population Arguably, one of the greatest demographic achievements of this century has been the almost continuous rise in UK life expectancy. Life Expectancy
More informationSpotlight on Packaged Bank Accounts and insurance add-ons
insurance services Spotlight on Packaged Bank Accounts and insurance add-ons The FSA Policy Statement on Packaged Bank Accounts resulting from Consultation Paper CP11/20 is due to be published in July
More informationHelping customers protect their lifestyles in these challenging times
Helping customers protect their lifestyles in these challenging times insurance services Recent consumer focus group activity that we have carried out in conjunction with YouGov within the 30 to 54 year
More informationCigna insurance services spring newsletter 2014
Cigna insurance services spring newsletter 2014 welcome from our new Chief executive, susan stevenson With much of Britain having been battered by storm force winds, torrential rain and flooding this Winter,
More informationUnlocking growth opportunities with Big Data
insurance services Unlocking growth opportunities with Big Data The staggering growth in the use of digital and social channels means the potential for partners to exploit Big Data is growing all the time.
More informationCutbacks bring into sharp focus the need for income protection
Cutbacks bring into sharp focus the need for income protection insurance services Many consumers rely on a combination of state benefits and personal savings to cover them against an unexpected loss of
More informationCustomer behaviour has changed how do you continue to win and retain their loyalty?
The FirstAssist Update February 2013 Market and sector news Customer behaviour has changed how do you continue to win and retain their loyalty? insurance services Welcome to our first bulletin of 2013
More informationHEALTH & WELL-BEING: AN EMPLOYER S PERSPECTIVE
HEALTH & WELL-BEING: AN EMPLOYER S PERSPECTIVE Introduction Organisations provide employee benefits for a variety of different reasons. For some, it s to reward employees. For others, it s to keep up with
More informationThe right health insurance policies for you
The right health insurance policies for you THE RIGHT HEALTH INSURANCE POLICIES FOR YOU Choosing the right health insurance policy is not just about buying cover at the cheapest price. Getting peace of
More informationfrequently asked questions
Healthcare benefits: frequently asked questions About healthcare benefits What is private medical insurance? Private medical insurance (PMI) is a scheme designed to meet the cost of private medical treatment
More informationLife and protection insurance explained
protection? Life and protection explained A guide to personal and family protection This guide explains the types of life and protection available and how they can offer you valuable peace of mind. If
More informationINNOVATIVE 5-STAR SERIOUS ILLNESS COVER
INNOVATIVE 5-STAR SERIOUS ILLNESS COVER FROM VITALITYLIFE VITALITY.CO.UK/LIFE YOU RE UP TO TWICE 1 AS LIKELY TO GET A PAYOUT FROM OUR SERIOUS ILLNESS COVER THAN YOU ARE FROM A TYPICAL CRITICAL ILLNESS
More informationPeace. Mind. VivoLife. Why is it good for me? Flexible payment terms. A lifetime of protection. 4 enhanced protection 1 (up to 350% of sum assured)
Peace of Mind VivoLife Flexible payment terms. A lifetime of protection. VivoLife gives you the flexibility to choose from 3 levels of enhanced protection 1 for you and your loved ones. What s more, enjoy
More informationHealth cover that works harder for your business and your people. 0345 602 1629 westfieldhealth.com
Health cover that works harder for your business and your people. 0345 602 1629 westfieldhealth.com Hello. A very warm welcome to Westfield Health. We believe that prevention and early intervention is
More informationACCIDENT & HEALTH. Risk BRiefing. Changing Consumer. financial protection
ACCIDENT & HEALTH ACe european Risk BRiefing Changing Consumer perceptions of personal financial protection ReseARCh BACkgRound And methodology ACe group commissioned orc international to undertake research
More informationHow To Get A Mortgage Payment Protection Insurance (Mppi) Plan With Bright Grey
Have you protected the most valuable things in your home? Protecting yourself as well as your home What s inside 2 A product to suit your life today, and in the future 4 Income Cover for Sickness 6 Critical
More informationLIFE AND PROTECTION INSURANCE EXPLAINED
LIFE AND PROTECTION INSURANCE EXPLAINED INTRODUCTION Most of us would like to think that when our lives come to an end, we ll be old, our loved ones will be financially secure and our financial responsibilities
More informationWorking harder to make your business better. Employee health cover from just. 33p. per day
Working harder to make your business better. Employee health cover from just 33p per day Good news for Chamber members. Health cover at a price that really works for your business. Hello. And a warm welcome
More informationA simple, affordable way to give peace of mind to the people who matter most
GUARANTEED 50 PLUS LIFE COVER A simple, affordable way to give peace of mind to the people who matter most Want to know more? Please talk to your adviser The average cost of a burial in the UK is currently
More informationYour essential guide to equity release. from the UK s No. 1 specialist
Your essential guide to equity release from the UK s No. 1 specialist 03 03 04 05 06 07 08 09 10 15 Contents What is equity release? How could equity release help you? Why choose Key Retirement? Mr & Mrs
More informationWhy do I need protection?
Why do I need protection? What s inside 3 Life cover 4 Critical illness cover 7 Income protection 8 Who else would you rely on? 10 It might cost less than you think 12 A word from your adviser... Introduction
More informationA SIMPLE BUSINESS BOOST.
GROUP PROTECTION ADVISER GUIDE A SIMPLE BUSINESS BOOST. Group protection is a growing area in financial services. It offers an opportunity to widen your proposition, and this guide will help you take full
More informationOur annual check-up. Critical illness claims statistics 2014. For advisers only 1
Our annual check-up Critical illness claims statistics 214 For advisers only 1 A picture of confidence We 94% of critical illness claims in 214 We re in business to pay claims. And in an industry like
More informationWorking harder to make your business better. Employee health cover from just. 36p. per day
Working harder to make your business better. Employee health cover from just 36p per day Good news for Chamber members. Health cover at a price that really works for your business. Hello. And a warm welcome
More information*Correct at 10 February 2015 YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
Financial Viewpoint Issue Spring 205 Downton and Ali Associates Your latest newsletter from Downton & Ali Associates Low rates, why wait? Get the right advice While banks and building societies are competing
More informationOUR ANNUAL CHECK-UP. Critical Illness Claims Statistics 2014. Protection
OUR ANNUAL CHECK-UP Protection Critical Illness Statistics 21 WE RE IN BUSINESS TO PAY CLAIMS In an industry like ours, claims statistics are important. They help to reassure you that if your clients ever
More informationLife and Protection Insurance explained
OPW 01 (03/11) Demographik Life and Protection Insurance explained Openwork Limited is authorised and regulated by the Financial Services Authority. Registered in England 4399725. Registered office: Tri
More informationGrowing Your Business with Unum s new Income Made Protection To Measure cover - A Guide for Advisers
unum.co.uk Growing Your Business with Unum s new Income Made Protection To Measure cover - A Guide for Advisers Group Income Protection Plans Cover To for what s Suit really All needed Businesses - a foundation
More informationHow to maintain your lifestyle in uncertain times.
How to maintain your lifestyle in uncertain times. A Guide to Income Protection Fills the gaps other insurance leaves behind 1 X Filling the gaps We all like to think we've got it covered if the unexpected
More informationA guide for customers
Pension Annuity A guide for customers Guaranteed income for life Pension Annuity If you re thinking... I want a secure income that is guaranteed to be paid for life, and I m not in the best of health.
More informationA GUIDE TO UNDERSTANDING EMPLOYER & EMPLOYEE ATTITUDES TOWARDS DENTAL CARE
A GUIDE TO UNDERSTANDING EMPLOYER & EMPLOYEE ATTITUDES TOWARDS DENTAL CARE Introduction Regular visits to the dentist are an important part of a health regime, helping to keep teeth and gums healthy and
More informationSTRENGTHENING THE INCENTIVE TO SAVE: A CONSULTATION ON PENSIONS TAX RELIEF
STRENGTHENING THE INCENTIVE TO SAVE: A CONSULTATION ON PENSIONS TAX RELIEF Response by the Association of Taxation Technicians 1 Introduction 1.1 The Association of Taxation Technicians (ATT) is pleased
More informationGet to know your options for protecting yourself and your family
Get to know your options for protecting yourself and your family LifeProtect Guide Allow us to introduce ourselves. We are Zurich. We are part of a global insurance group with Swiss roots. We are one of
More informationThough not a pleasant thought it's important to think about this: when you die, who will you leave behind?
Personal insurance There are many risks you face during your lifetime, but the most serious ones you will face are death, disability, serious illness and/ or medical intervention (surgery). These can happen
More informationA Short Guide to NHS Foundation Trusts
A Short Guide to NHS Foundation Trusts 1 A new type of NHS hospital NHS Foundation Trusts Ten Key Points 1.1 NHS Foundation Trusts are at the cutting edge of the Government s commitment to devolution and
More informationXerox Custom Healthcare Solution
Xerox Custom Healthcare Solution Xerox HR Services has undertaken a comprehensive review of the employee benefits market, assessing all of the major providers, in order to develop our Xerox Custom Healthcare
More informationDo your clients actually need you to advise them on health insurance, or could they simply buy online as most of us now do with say motor insurance?
Welcome to Simplyhealth s monthly news bulletin. Each month Andy Couchman, a recognised industry expert and publisher of the Protection Review, gives an update on what is going on in the world of health
More informationSocial Grade A Classification Tool. Bite Sized Thought Piece
Social Grade A Classification Tool Bite Sized Thought Piece 2009 There are several demographic classification systems used in market research. A well established system, as well as the most widely known
More informationWelcome to Simplyhealth s monthly news bulletin.
Welcome to Simplyhealth s monthly news bulletin. Each month Andy Couchman, a recognised industry expert and publisher of the Protection Review, gives an update on what is going on in the world of health
More informationHelp first-time buyers get on the protection ladder
For advisers only Help first-time buyers get on the protection ladder Affordable cover for your clients Mortgage opportunities. Protect more than just the bricks and mortar. What s inside 1 Helping your
More informationThe 2015 Challenge for NHS Wales. A briefing for General Election candidates on the challenges facing the healthcare system in Wales
The 2015 Challenge for NHS Wales A briefing for General Election candidates on the challenges facing the healthcare system in Wales Introduction Across the UK health is a devolved matter with all four
More informationKEY GUIDE. Financial protection for you and your family
KEY GUIDE Financial protection for you and your family Protecting what matters most Life and health insurance protection underpins most good financial planning. These types of insurance can ensure that
More informationCRITICAL ILLNESS COVER
CRITICAL ILLNESS COVER IF LIFE WERE TO CHANGE overnight due to a critical illness, and you had to stop working to focus on your health, have you thought about what financial support you have in place?
More informationWith new options available from April 2015, we can help you plan your finances for a worry-free retirement
Your retirement With new options available from April 2015, we can help you plan your finances for a worry-free retirement Life is full of financial decisions and planning your retirement is one of the
More informationIncome protection. Paying you a monthly income if you can t work because of an accident or illness
Income protection Paying you a monthly income if you can t work because of an accident or illness Income Protection How it works when you can t Income Protection is a type of insurance which helps replace
More informationGLOBAL INSURANCE FOR EXPATRIATES. Your health in our hands
GLOBAL INSURANCE FOR EXPATRIATES Your health in our hands THE challenges EXPATRIATES FACE Life as an expatriate is full of exciting opportunities, but there are potential problems to consider too: A serious
More informationCOCKBURN LUCAS INDEPENDENT FINANCIAL CONSULTING. A Guide to. Business Protection. Protecting the key people who are driving your business forward
COCKBURN LUCAS INDEPENDENT FINANCIAL CONSULTING A Guide to Business Protection Protecting the key people who are driving your business forward A Guide to Business Protection Protecting the key people who
More informationYour essential guide to equity release. from the UK s No. 1 specialist
Your essential guide to equity release from the UK s No. 1 specialist What is equity release? 03 03 04 05 06 07 08 09 10 15 Contents What is equity release? How could equity release help you? Why choose
More informationLIFE INSURANCE PREPARING FOR THE FUTURE
LIFE INSURANCE PREPARING FOR THE FUTURE Bupa life insurance is issued by ClearView Life Assurance Limited (ABN 12 000 021 581) (AFS Licence No. 227682) ( ClearView ). Bupa Australia Pty Limited (ABN 81
More informationLifetime Protection Plan from Standard Life Protecting you and your family
Lifetime Protection Plan from Standard Life Protecting you and your family Remember when you thought you were invincible 1 of 33 2 of 33 When was the last time you felt invincible? Contents The need for
More informationSIMPLE LIFE PLAN. Take care of your family even after you re gone.
Take care of your family even after you re gone. In times of unfortunate events, the last thing you should worry about is finances. That s why Liberty s Simple Life Plan takes care of your financial needs,
More informationINCOME PROTECTION THE BASICS WHAT IF?
INCOME PROTECTION THE BASICS WHAT IF? If you couldn t work due to illness or injury, could you cope financially? We all hope we ll never find out, but the reality is nearly a third of us will have close
More informationProtecting your Business and Family. An Introduction to our Services... 01405 860404 www.turquoiseassurance.co.uk
Protecting your Business and Family An Introduction to our Services... 01405 860404 www.turquoiseassurance.co.uk Welcome Protection is all about insuring for the unexpected. It s a way of protecting individuals
More informationOVER 50s LIFE INSURANCE. OVER 50s LIFE INSURANCE MORE THAN A MEMORY.
1 MORE THAN A MEMORY. Put what you can in place for those you care about. Whether it s to help contribute towards the costs of your funeral, or simply as a gift that could help make a difference to your
More informationcreative employee benefits Workplace Financial Education More a necessity for employers than a cost August 2015 quarterly newsletter
creative employee benefits quarterly newsletter August 2015 Workplace Financial Education More a necessity for employers than a cost Employee Benefits News Creative Employee Benefits is committed to helping
More informationGLOBAL INSURANCE FOR EXPATRIATES. Your health in our hands
GLOBAL INSURANCE FOR EXPATRIATES Your health in our hands THE challenges EXPATRIATES FACE ABROAD Life as an expatriate is full of exciting opportunities, but there are potential problems to consider too:
More informationInternational Term Assurance
International Term Assurance Protection for tomorrow for peace of mind and financial security Zurich International Life Because who knows what tomorrow will bring Have you considered who depends on you
More informationKey Annuities Features of the Just Retirement
Key Annuities Features of the Just Retirement Make Fixed Term your retirement Annuity income the best it can possibly be This brochure outlines the key features of the Just Retirement Fixed Term Annuity.
More informationThis guide describes Taylor Patterson s approach to Strategic Planning, ensuring that our goal is always to focus on what really matters to you.
Taylor Patterson is a leading financial advisory group helping businesses and individuals to understand, build and preserve their wealth, allowing them to take control of their future. This guide describes
More informationHealthcare Proposition Overview
Healthcare Proposition Overview Leading innovations in the benefits market ECIS has a wealth of experience in the employee benefits arena and provides benefits solutions to employers operating across a
More informationReview your service. The Health Insurance Group. Johnson Fleming. Receive the best from your adviser. in partnership with
Review your service Receive the best from your adviser in partnership with Johnson Fleming Group Pensions Group Risk and Healthcare Service Provision The Health Insurance Group UK & International Healthcare
More informationCountrywide Mortgage Services. Your guide to insurance
Your guide to insurance Your guide to insurance This guide provides an overview of the different types of insurance products available through Countrywide; each of which have been designed to ensure that
More informationFor customers. Friends Life Protect+ Global Treatment option. World-class overseas treatment
For customers Friends Life Protect+ Global Treatment option World-class overseas treatment Friends Life Protect+ providing access to Global Treatment With our Global Treatment option, you can be treated
More informationA guide to your retirement options
A guide to your retirement options I have been looking forward to my retirement but now I am worried about making the right choice See your options page 4. Cathy has stood by me through the good times
More informationNorth Cork Business Alliance. July 17th
North Cork Business Alliance July 17th April Ireland Odhran O Mahony BA QFA APA(Personal General Insurance) Broker Development Manager 2 Agenda April Ireland April Group Our Plans Key Benefits Corporate
More informationCRITICAL ILLNESS PLAN. Ease the financial burden due to a critical illness.
Ease the financial burden due to a critical illness. You want to live a long & fulfilling life. With many unexpected life changing events you want peace of mind knowing that you are prepared for any of
More informationWEALTH MANAGEMENT FOR WEALTH CREATION AND PRESERVATION
WEALTH MANAGEMENT FOR WEALTH CREATION AND PRESERVATION PLANNING YOUR WEALTH MANAGEMENT STRATEGY Wealth creation and wealth preservation at LighthouseWealth we achieve this balance for our clients through
More informationHealth. Insurance YOUR GUIDE TO. Life Insurance Association. General Insurance Association of Singapore. Produced by.
Produced by Life Insurance Association General Insurance Association of Singapore YOUR GUIDE TO Health Insurance An initiative of MoneySENSE A National Financial Education Programme for Singapore Introduction
More informationCRITICAL ILLNESS COVER
CRITICAL ILLNESS COVER IF LIFE WERE TO CHANGE overnight due to a critical illness, and you had to stop working to focus on your health, have you thought about what financial support you have in place?
More informationMortgage Insurance. Mortgage Insurance that is Custom Built to Meet Your Needs. that is Custom Built to Meet Your Needs. About Industrial Alliance...
Mortgage Insurance that is Custom Built to Meet Your Needs HOME PROTECTION PLAN MORTGAGE INSURANCE About Industrial Alliance... Founded in 1892, Industrial Alliance Insurance and Financial Services Inc.
More informationIn this place, it takes all the running you can do, to stay in the same place. Lewis Carroll Alice Through The Looking Glass
In this place, it takes all the running you can do, to stay in the same place Lewis Carroll Alice Through The Looking Glass By 2010 we are promised (Direct Quotations) Patients will be admitted for treatment
More informationFor expert advice call 01494 451441
Protection Planning Life and Protection Insurance The cost of insurance, particularly life insurance has fallen over recent years, whilst the quality of cover has in many cases increased. With this in
More informationYour retirement could have even more going for it
Your retirement could have even more going for it A straightforward guide to equity release For no obligation advice: call 0800 015 0993 www.justretirementsolutions.com Contents Imagine what you could
More informationKEEPING YOUR BUSINESS ON COURSE. Helping you protect your business. Protection Business Menu
KEEPING YOUR BUSINESS ON COURSE Helping you protect your business Protection Business Menu WHAT S INSIDE As a business owner you know what you need to make your business a success. Suitable premises, machinery
More informationIntroducing equity release
Introducing equity release Equity release refers to a range of products that let your clients access the cash tied up in their homes. The equity release market has seen low interest rates, a rise in property
More informationAccident, Sickness & Hospitalisation Plan. Paying you an income if you can t work. Changing the image of insurance.
Accident, Sickness & Hospitalisation Plan Paying you an income if you can t work UK Changing the image of insurance. Preparing for the unexpected... What would happen to you and your family if you fell
More informationProtection promises. Products, adviser support and recent innovations. For financial adviser use only. Not to be used with customers.
Protection promises Products, adviser support and recent innovations For financial adviser use only. Not to be used with customers. 1 2 Helping your clients protect what matters most At LV= we love simplicity,
More informationSimply Healthworks puts private medical insurance within your company s reach
Simply Healthworks puts private medical insurance within your company s reach HEALTH INSURANCE Simply Healthworks - making private medical insurance more accessible Simply Healthworks has been created
More informationDo I really need critical illness cover? A guide to protect against the financial impact of a critical illness
Do I really need critical illness cover? A guide to protect against the financial impact of a critical illness What's inside 2 Cancer survival rates 5 Survival rates are improving 6 Coping with a critical
More informationMake the most of saving online with the Molson Coors Retirement Savings Plan. Introducing My Money Friends Life s online savings
Make the most of saving online with the Molson Coors Retirement Savings Plan Introducing My Money Friends Life s online savings Introducing My Money We all like spending our free time doing the things
More informationOur Services and Fees Explained
Our Services and Fees Explained Providing Financial Peace of Mind By taking the time to understand your financial situation and events which have or might affect it in the future. By discovering how you
More informationYour guide to protecting yourself and your loved ones with Aviva
Your guide to protecting yourself and your loved ones with Aviva Protect what matters most What s the most precious thing in the world to you? There s really only one answer to that the people who are
More informationOur guide to. buying an annuity
Our guide to buying an annuity 2 Our guide to buying an annuity Contents Introduction 3 Pension reforms Thinking about retirement 3 Money and budgeting How can we help? Your retirement timeline Key questions
More informationLife and protection insurance explained!
Life and protection insurance explained! Introduction Some things are certain in life, like the fact that one day, we ll die. Most of us would like to think that when that day comes we ll be old, our loved
More informationYour Guide to Equity Release
Equity release has enabled me to go on more holidays, purchase a new car and make some major household purchases. The service provided met our financial needs in an efficient and helpful way. John, Sutton
More informationBasic Guide to Retirement Income Options
Basic Guide to Retirement Income Options Can I afford to retire? Which retirement income solution is best for me? Should I take all my tax-free cash entitlement? Will my family benefit from my pension
More informationPreferential The health plan that provides comprehensive private medical insurance cover
Preferential The health plan that provides comprehensive private medical insurance cover HEALTH INSURANCE Preferential Private Health Cover Preferential provides your employees with extensive levels of
More informationLifestyle Protection Insurance. Cover for your financial commitments and expenses in the event of the unexpected.
Lifestyle Protection Insurance Cover for your financial commitments and expenses in the event of the unexpected. About Lifestyle Protection Insurance Life doesn t always go according to plan. Redundancy,
More informationchoices Private Medical Insurance designed for today's world Arranged by UK
choices Private Medical Insurance designed for today's world Arranged by UK Quick access to private hospitals... If you were diagnosed with an illness, wouldn't you want quick access to diagnostic tests
More informationCare Funding Services Explained
Services Explained Index 1. Introduction 2. Who is Farley Dwek? 3. Our (i) Advisory Service (ii) Reclaim Service (iii) Free Assessment (iv) Lasting Power of Attorney (v) What does it cost? 4. Contact Details
More informationHow To Get A Life Insurance Policy With Alpha Insurance
ADDITIONAL LIFE BENEFITS Alpha Waiver of Premium Payments At any Individual of up to 64 year of age who buys a life insurance policy with Alpha Insurance Waives the obligation of the policy owner to continue
More informationSome Common Claims and what to say to them
Some Common Claims and what to say to them The responses we received from prospective parliamentary candidates (PPCs) contained some common themes when they were opposing the NHS (Reinstatement) Bill (www.nhsbill2015.org/responses).
More informationDEDICATED CLAIMS TEAM
PRIVATE CLIENTS Perkins Slade is one of the UK s largest independent insurance brokers with more than 40 years experience in providing bespoke and highly confidential insurance solutions designed for discerning
More informationLEGAL & GENERAL HOME FINANCE. Guide to Lifetime Mortgages
LEGAL & GENERAL HOME FINANCE Guide to Lifetime Mortgages A lifetime mortgage could give you the freedom to really enjoy your retirement. We re delighted you re finding out more about lifetime mortgages.
More informationAIG Life. Care Cover with Whole of Life Insurance Customer guide
AIG Life Care Cover with Whole of Life Insurance Customer guide It s estimated that one in three people will need some form of care before they die.* Imagine something happened to you that meant you then
More informationSelf-Invested Personal Pensions
A guide to COCKBURN LUCAS INDEPENDENT FINANCIAL CONSULTING Self-Invested Personal Pensions Contents 1. What is a SIPP? Giving you control 2. What tax advantages does a SIPP offer? Tax relief on pension
More informationWhatever s special about your family life, make sure you protect it
Whatever s special about your family life, make sure you protect it Your family is special, so make sure you protect it When something awful happens, it feels like normal life stops. But, even for a family
More information