All insurers must show that their products offer consumers fair value under product governance rules and distributors of our products must also complete their own assessments. To support you with this, our Scottish Widows Protect fair value statement explains how our product governance and pricing approach has been assessed to deliver fair value to our customers.
We can confirm that all Protection products sold, including Scottish Widows Protect, are compliant with the Insurance Distribution Directive. To help you understand the intended market for Scottish Widows Protect, please read our target market document.