Finding the right path

Following the Association of British Insurers' (ABI) creation of the Protection Committee back in April, the roles of the critical illness (CI) and income protection (IP) working parties have merged. Here Nick Kirwan, chair of the committee, shares some of his thoughts on what the future may hold for individual IP. Q. What are the main challenges facing the individual IP market? When someone is taking out any type of protection insurance there are likely to be three main questions on their mind: 'how much do I pay, what will I get and when will I get it?' The best products are the ones...