With UK households facing the worst squeeze on incomes in a generation, there is concern that some clients may cancel their protection insurance direct debits.
To assist advisers in providing support and guidance and to help ensure clients maintain cover, the Association of Mortgage Intermediaries (AMI), Protection Distributors Group (PDG) and Income Protection Task Force (IPTF) have issued a refreshed adviser guide to saving protection policies. Click here to view and download.
A consumer facing guide has also been released. This can be used by advisers to engage with their clients and prompt discussion about their cover, highlighting in consumer friendly language the importance of reviewing cover and the types of support and guidance that may be available. Click here to view and download.
For any queries please contact info@a-m-i.org.uk.