Maximum age of 70
96.7% of individual claims paid out
Yet 51% now main breadwinner
Many willing to ‘take the risk’
Award-winning campaign coming to a close
Group income protection policy amendments
Friendly society increases rates on new business
British Friendly has launched a 'quote & apply' system for advisers applying for income protection policies for their clients.
Five key developments all advisers should know
Mortgage adviser network Pink Home Loans is to ask intermediaries wishing to join the group to provide proof they have an income protection (IP) policy, or to explain their reasons for not being covered.
Kevin Carr's verdicts on five key developments in the past month
Mortgage network Pink has said all its intermediaries will now discuss income protection with clients from the first meeting onwards.
Zurich has launched a flexible group income protection (IP) proposition aimed at businesses with at least 250 employees.
Steve Webb remains "open minded but sceptical" about private income protection insurers becoming involved in the state welfare system.
Protection Watch... with Kevin Carr
Clients' protection priorities are changing and so too are the tools on offer to help advisers find the right solutions.
Aegon UK is proposing to make the role of protection distribution director redundant and has announced the exit of its head of protection proposition as part of wide-ranging changes to its protection unit.
Sesame Bankhall Group (SBG) has added several group protection products to its restricted advice proposition.
Aviva has signed an exclusive three-year deal with the Lighthouse Group to provide life protection products through its national adviser division, Lighthouse Financial Advice (LFA).
The Income Protection Task Force (IPTF) has said it is "delighted" by the recent publication of income protection (IP) claims statistics by insurance companies, and argued the move would boost consumer confidence in the market.
The last company to release its Income Protection Statistics, Friends Life, has done so today, following an industry campaign by the Income Protection Task Force and the Protection Review.