Providers of income protection should allow additional cover for pension contributions, similar to the group income protection and executive income protection, adviser firm Drewberry has said.
The majority of mainstream income protection insurers only cover 50% to 60% of gross annual income, the adviser firm highlighted. Drewberry warned this amount is often just enough to cover a client's...
£116.8m of benefits received by customers
Spent 13 years at JPMAM
Headed by Ben Palmer and Edward Park
Consults on regulation and innovation in green finance
13 studies begun since April 2013