NU pledges income protection focus with launch

Income Protection Solutions offers guaranteed and reviewable rates and a maximum benefit level of £180,000. Norwich Union says the need for income protection products has never been greater, adding it plans to launch more products in the future. Nick Homer, marketing propositions manager at Norwich Union Healthcare, says state incapacity benefit, currently £75.40 per week, is “nowhere near enough”. “Consequently many people are currently vulnerable to the potentially devastating financial effects caused by long-term incapacity,” he says. “Also, the state welfare system is set to be refo...