Individual Protection

The ABI has announced that it will not be re-naming Total and Permanent Disability (TPD) cover for critical illness contracts in its next Statement of Best Practice to be released next year.

The protection industry has generally welcomed the ABI's decision not to re-name Total and Permanent Disability (TPD) on critical illness insurance and the agreement on industrywide standards.

The ABI has scrapped proposals to change the name of Total and Permanent Disability (TPD) cover on critical illness (CI) plans.

Six in ten Britons do not have any protection in place and a third would be forced to drastically cut back on living costs should they or the main breadwinner be unable to work, according to new research.

Work Capability Assessments (WCA) for those claiming Employment and Support Allowance (ESA) are to be made ‘fairer' and ‘more effective' following an independent review.

UK consumers are putting too much emphasis on price when insuring their lives, according to new research.

Friends Provident head of protection sales Ed Stuart-Brown has left the provider to join network Intrinsic Financial Services as group protection director.

Insurer Genworth Financial has warned consumers risk debt problems and lowered standards of living due to inadequate protection levels.

Protection products will be ‘pivotal' to adviser firms' future prosperity, according to Sesame Bankhall.

Almost 30% of people who have cancelled or are considering cancelling their payment protection insurance would consider buying a replacement policy, research by Capita has revealed.