Individual Protection

The Association of British Insurers (ABI) has changed its methodology for publishing protection claims stats with income protection claims payments experiencing a decrease compared with the previous way of reporting claims paid.

Maximum age of 70

96.7% of individual claims paid out

Flexibility to reduce premiums

'Confidence in protection is low' - Aegon

Youngest claimer just two years old

Calls on advisers to use stats to promote protection

Delivery important

'Single point of reference'

True Potential has launched a range of protection products in partnership with Canada Life, which claims to provide advisers with "the first end-to-end service of its type".