Income Protection

The FSA is currently consulting on its guidance for payment protection insurance (PPI) and potential replacement products such as short-term income protection (STIP).

IFAs will now be able to compare, quote, and apply for LV='s budget income protection (IP) product through the Avelo Exchange.

Pacific Life Re has re-opened the debate surrounding need for protection to be made compulsory in some capacity after the government unveiled its mortgage indemnity guarantee scheme.

Better communication throughout the Employment Support Allowance (ESA) system and an audit of decision makers' rulings have been recommended by an independent review.

Unum has completed the roll-out of its fully electronic income protection (IP) application and underwriting process that means the vast majority of cases will be processed on the spot.

Half of all group income protection (GIP) claims are for conditions where definitive medical evidence is difficult or even impossible to obtain, Canada Life has said.

People should collect Employment Support allowance (ESA) after a Work Capability Assessment (WCA) the Sickness Absence Review has concluded.

The Government should set up an Independent Assessment Service (IAS) to sign people sick off work, the Sickness Absence review has concluded.

Tax relief should be applied to private medical insurance (PMI) provided by employers for basic tax rate paying staff, the Sickness Absence Review has recommended.

Leaving work due to illness and injury is as damaging as becoming unemployed, and can damage spouses income too, according to new research.