Bulletin 20, 2007
Round up
6 - the number of rate changes announced since the last bulletin (Royal Liver, L&G (x2), Axa, FP and Scot Prov)
21.6 - the average number of days taken to accept protection applications that are tele-underwritten
34.3 - the average number of days taken to accept protection applications made by paper
£11,427 - the amount raised for the Red Cross at our charity nite last month
£68.7m - the total value of critical illness claims paid by Scottish Equitable (to 31 Aug 2007)
LifeSearch Charity Nite 2007
What can we say - other than THANK YOU!
This year's charity nite featured play your cards right, astounding karaoke singing, delightful disco dancing and a power cut too! But none of that compares to the £11,000+ that we all helped to raise for the Red Cross Darfur Crisis Appeal.
To those who were there please do let us know your feedback - especially if you would make any changes next year.
I'll leave the rest to the diary pages...
LifeSearch Awards 2008
If you haven't already do put the date in your diaries - Wednesday 20th February from 12pm.
More to follow.
Out of contexts
'I'm one of those without portfolio'
'I'll just go wherever the beer is'
'If everyone was like you two the world would be a better place'
'I'm going to go and play with the sheep'
'Does Magnum PI stand for Magnum Protection Insurance?'
'I think Matt looks like Enrique Iglesias'
'Last night was fab. Chav girls, tranny boys, bit of Whitney - what more could you want?'
'You have vampish tendencies'
Feedback form of the week
http://www.lifesearch.co.uk/feedback/feedback.pdf
Comment of the week
"For many people the internet is the channel of choice for shopping around for financial products. However, it can expose consumers to high risk as they are able to make instant purchases without advice. This is why it is so important that firms' websites are fair, clear and not misleading."
Dan Waters
Director of Retail Policy and Themes, FSA
Hero of the week
Friends Provident
Who picked up a hatful of protection awards in recent weeks including Incisive Media's Gold Standard Award and Financial Adviser's 5-Star Service Awards.
Scottish Equitable
Who recently joined a small but growing number of providers who have published Income Protection claim statistics.
From Sept 2006 to 31 Aug 2007 the company paid claims to the value of £4.35m, including 84 new claims. 14% of claims were in the retail services industry, 13% were from the building trade and 13% were professional.
The overall claim approval rate was 85%.
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