Life
Health & Protection | 6 Feb 17
Regency adds terrorism cover to int’l medical policies
Regency for Expats, part of the Regency Assurance Group, has announced plans to provide terrorism cover as part of its international private health insurance policies.
IoM life industry discloses extent of commission complexity
When it comes to disclosing commission, Isle of Man-based life companies have revealed at least six different ways they pay intermediaries and asked the regulator to be clear on what it wants them to disclose, according to industry responses to a consultation paper.
IoM regulator confirms two commission disclosure deadlines
Life insurance companies on the Isle of Man must provide broad commission disclosure from 1 January 2018 and policyholder specific commission disclosure from 1 January 2019 under the proposed new Conduct of Business Code.
Best Practice | 1 Feb 17
Zurich partners with pension advice service for scam helpline
Zurich UK Life has teamed up with The Pensions Advisory Service (TPAS) to pilot a pension scam helpline, offering impartial guidance to customers looking to transfer their savings into schemes that the life insurer has identified as suspicious.
Best Practice | 1 Feb 17
Why life insurance wrappers still benefit expats in the UAE
The benefits of life insurance wrappers still outweigh direct investment in funds for expatriate customers in the UAE despite the significant regulatory change underway, says Philip Cernik of Friends Provident International.