Scottish Widows has unveiled details of its new protection product range, which will include reducing, relevant and increasing term life, stand-alone critical illness and life with critical illness plans.
The firm confirmed its plans last June, following a review in 2012 into whether to broaden distribution beyond branches of parent Lloyds Banking Group.
Set to launch tomorrow (7 October), it will be using the ‘Protect’ name to distinguish from the ‘Protection For Life’ plans, which will continue to be marketed through Lloyds outlets.
In addition to the life and critical illness plans, the firm is also offering a whole of life plan without a terminal illness option…Read more at FT Adviser