Could a MPPI/IP hybrid bridge the protection gap?

IFAonline revealed last week Paymentshield is launching a product in late summer which aims to incorporate the benefits of IP – such as providing cover for longer than one year – while retaining the simplicity and lower premiums of MPPI. IP is often cited as being too complex and MPPI is criticised for its short-term cover, so could a hybrid version combine the best of both worlds? Roger Edwards, products director at Bright Grey, welcomes the news because he believes it is about time the industry stopped having the same arguments about IP over and over again. “Rather than having the...