Ageas Protection claims a protection market first

Published on

Ageas Protect has introduced product labelling – a first for the protection industry, it has claimed.

The move sees the protection provider using consumer signposting onto its pre-sale marketing material, beginning with its Key Facts documents of its menu-based ‘Your Life Plan’ products and the ‘Real Life Cover’ product.

If the initial launch is successful the initiative is likely to be extended and used across all consumer-facing material.

Ageas Protect says its product labelling takes into account the major needs that consumers have to consider including death, terminal illness, specified critical illness, long term sickness, total & permanent disability, and unemployment.

Andy Milburn, head of marketing at Ageas Protect, said: “As a nation we’ve seen how well food labelling works. Ageas Protect has now applied the same thinking to protection products. We can use this clear and simple approach to help show consumers the potential needs that they may not have mitigated as a result of their initial purchase

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Nadine Coyle and AJ Odudu to headline Sort Ball

Sort Group has announced Nadine Coyle and AJ Odudu as the headline acts for...

Beyond the walk: Mortgage leaders talk mental health – part 14

The Mortgage Industry Mental Health Charter (MIMHC) began its third annual 144-mile Walk &...

Spicerhaart and Just Mortgages sponsor Sittingbourne FC

Spicerhaart Part Exchange & Group Clients and Just Mortgages have agreed a sponsorship deal...

The Cambridge backs care leavers fund

The Cambridge Building Society has committed £22,500 over three years to support a new...

Equity Release Group reports 11% rise in case volumes

Equity Release Group has reported an 11.1% year-on-year rise in case volumes for the...

Latest publication

Other news

Q&A: Rob Stanton, Landbay

Mortgage Soup fires the questions at Rob Stanton, sales & distribution director at Landbay. Mortgage...

Nadine Coyle and AJ Odudu to headline Sort Ball

Sort Group has announced Nadine Coyle and AJ Odudu as the headline acts for...

Beyond the walk: Mortgage leaders talk mental health – part 14

The Mortgage Industry Mental Health Charter (MIMHC) began its third annual 144-mile Walk &...