Protection Watch: Kevin Carr's verdicts on five recent developments

Shout The most important areas to help grow the protection market are greater transparency around price, benefits and claims - along with making it quicker and easier to buy. There is huge scope for growth as currently around three million people are covered by income protection insurance - either by their employer or through an individual policy. Contrast that with the size of the UK workforce, at just over 30m. Most adults in the UK know they should do something about protecting their finances at some point, typically driven by a mortgage, or starting a family. While many will not know ...