Income protection dominates new launch market

Since May 2008, 11 IP products have come to market, compared with four CI plans and just a single term product. The revelation will form a central part of new MBE Peter Le Beau's address at the Protection Review Conference in London on Thursday. But Le Beau, co-chair of the Income Protection Task Force (IPTF), says it is the variety and scope of the products' new features that represents the really good news. In February, LV= announced it was offering free CI cover to anyone taking out an IP policy while, two months later, Pioneer launched a simplified IP plan, Bills & Things, which w...