The Caithness Business Index has posted the following article:

FCA to scrutinise whether pure protection market provides fair value to consumers?

[IMG][/IMG] The FCA has launched a market study into how well the distribution of pure protection insurance products - which support families with financial commitments if someone becomes critically ill or dies – is working for consumers. In 2023, around £4.85bn was paid out in claims on individual policies to support people suffering from bereavement, illness, and injury. [Read Full Article]