Product of the Month

Fixed-for-life premium healthcare deposit

Product

National Friendly Healthcare Deposit Account

 

Underwriter

National Friendly

 

Commission paid

50-110% of first 12 months' premium, based on premium size.

Renewal - 2.5% of annual premium.

 

Coverage

UK, extended to Channel Islands and Isle of Man.

 

Minimum premium

Child under 18 - £30 a month (including £10 top-up).

Adult 18-29 - £40 a month (including £10 top-up).

 

Excess

None

 

Contact

Ian Talbot, head of intermediary sales

Tel: 0800 195 9246

Email: ian.talbot@nationalfriendly.co

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The growing role for brokers in fighting insurance fraud

With reports of fraud escalating in terms of value or number, the role of brokers in combatting these crimes should not be underestimated. Edward Murray looks at the controls, validation tools and processes being implemented to support both detection and prevention.

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