Spotlight On Income Protection
One of the key issues surrounding Income protection Insurance (IP) is that compared to the other forms of protection it is grossly undersold. It has been seen as ripe for growth for years, so why has this not occurred? The central issues are: perceived cost; perceived difficulty, and time, needed to underwrite policies and an undervaluing of the need for this product.
In reality costs are not as high as many would imagine. The market is beginning to see simplified products costing less where price really is crucial, and the introduction of tele-underwriting has dramatically eased the stress of underwriting these products.
With the chances of being off work through sickness ten times those of dying and over 2.2 million people who will be off work at some point through sickness or injury the importance of encouraging, and aiding, the intermediary sector in educating for the need of IP cannot be overstated.
IFAonline has designed a full day focus on the Income Protection section with the aim of providing education on income protection. The ‘Spotlight On' day will achieve this through:
- In-depth articles and features written by award winning journalists
- Editorial led interactive discussion boards
- Dedicated blogs from industry professionals
- Interactive polls
- Educational presentations
- A live and interactive roundtable debate.
If you would like to become a member of Interactive Financial Adviser, please click here.
This day is brought to you in association with: