Protection is a safety net in case the unthinkable happens, says Kevin Stevens, and insurers must focus more on proving it will be there for customers in need
Peter Le Beau, co-author of the Protection Review and founder of the Income Protection Task Force (IPTF) received his MBE for services to insurance and to charity at a ceremony on 5 November.
The ABI reviews the statement of best practice on critical illness every three years. Given the high frictional costs associated with the change that the customer ultimately pays for, is it still correct that we should follow this strict path?
Swiss Re's Term and Health Watch 2009 saw that income protection (IP) sales have risen in the last year. That upturn, however, has been directly attributed to the actions of HSBC. With sales of other protection products falling, what do these results...
PruProtect has launched two new products with a whole raft of developments that it thinks will reinvigorate the protection. What are your first opinions of the provider's work?
Last month the Income Protection (IP) Task Force published White Paper II outlining the Task Force's thoughts on the current state of the IP market, Peter Carvill examines what consumers need and how the Task Force will respond to them in light of this....
Was the ban on payment protection insurance (PPI) sales by credit providers at the point at which credit is taken out a victory for consumers?
The FSA has published its RDR feedback statement. Will distinguishing between independent and sales advice, setting minimum qualifications for IFAs and introducing a standard for independent advice ‘reform the investment market' and increase confidence...
The Income Protection Taskforce has revealed the heads of four working groups, which have been formed to tackle its nine-point plan for reviving the income protection market.
A white paper on income protection is being published next month which aims to tackle some of the product's complexities and reverse the trend of declining sales.