Brits are twice more likely to insure their pets or mobile phones than their income, according to research.
Legal & General has raised its medical evidence limits for life and critical illness (CI) cover.
The government is "enthusiastic" and "engaged" with the protection industry to support its attempts to cut welfare spending, according to Richard Verdin.
Britons are failing to prepare properly for the prospect of death with many failing to secure the fate of their families and money, a report has said.
Insurers must pay life insurance claims in four weeks following the ABI's decision to slash its guidance time for the process.
Royal London will focus on building up its protection business in Ireland through latest acquisition, Caledonian Life.
A third (33%) of UK households could not cope financially if they lost their main income yet only 7% of the population has income protection (IP), according to research.
Long term care (LTC) insurance products will remain niche in spite of a growing need unless people are forced to buy them, the OECD said.
Pink is pushing its representatives to take a greater focus on protection and has unveiled a new short protection panel featuring five providers.
Zurich has seen a significant rise in large case policies issued over the last year.