There has been much debate over the future of accident, sickness and unemployment cover following the various misselling issues and resultant Competition Commission and Office of Fair Trading Reviews.
We are told that advisers are supposedly running scared of selling this type of cover but it is becoming clear that the prophets of doom are over-exaggerating the issue and needlessly deterring advisers from considering this important area of client cover.
The recent report from Defaqto entitled, Opportunities in Protection Post-PPI, confirmed what many of us in the industry have been saying for some time – that there is still a real customer need and that income protection cover must remain a core focus of the financial planning process.
Read more - http://www.mortgagestrategy.co.uk/analysis/protection-is-still-a-vital-part-of-financial-planning/1056674.article
