A call to rescue income protection's reputation

Has the IP industry reached tipping point? The validity of list-based occupational definitions for IP, such as work tasks and activities of daily living (ADL), has been questioned for many years. But the demand for change is becoming stronger. First, there were calls from intermediaries, then a Protection Review survey, and now we hear the Ombudsman has overturned a decision to decline a high-profile claim where the definition is based on work tasks, as recently reported in The Times. Under the terms and conditions of that particular policy, the claimant was required to carry out two ...