Income protection grows for the first time since 2007 - ABI

In 2015, there were 1.15m individual income protection policies, a 2% increase compared to 1.13m in 2014. This data has also revealed the levels of growth in the group income protection market with the number of people covered by their employer increasing by 3% on the previous year. Since reaching the landmark of 2 million people covered in 2013, the group income protection market continues to grow. The market growth is likely to be down to the industry raising awareness and improving understanding of income protection, including the ABI's work with the Money Advice Service and...