Exeter Family Friendly is believed to be one of the first insurers to publicly revamp its protection products to accommodate the European Court of Justice (ECJ) ruling on gender based pricing.
The provider has re-launched its Income One income protection (IP) product (formerly known as the Professional Income Protection plan) with a series of adjustments, including removing the premium structure to comply with European law. This may be the start of an industry trend as although some providers' products are already gender neutral, others may have to implement significant changes before the deadline in December 2012. The policy is targeted at those in low-risk, professional and mainly administrative occupations and now includes a higher protection level (up to 65% of income, ...
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