Protection

Pharmaceutical & General Provident Society has revealed it paid 98% of its income protection claims last year.

Zurich has recorded its highest quarterly protection market share as part of an overall growth in its IFA presence.

What Insure has launched an income protection (IP) product including cover in the event of someone becoming a carer.

The FSA expects protection and health insurance to be among the most likely product areas affected if the European Court of Justice (ECJ) rules that gender based pricing is illegal.

Cirencester friendly paid 94% of its valid income protection (IP) claims totalling £2.7m in 2010 and reiterated its call for other providers follow suit.

Protection and medical insurance complaints are on course for a significant drop in volume during 2010/11, according to the latest statistics released by the Financial Ombudsman Service (FOS).

Advisers have expressed their shock at revelations a European Court ruling could require insurance contracts to be altered retrospectively and see some providers close to new business.

Following on from the introduction of sales guidelines for critical illness, COVER's sister title Mortgage Solutions has asked the industry if advisers need increased guidance in selling protection.

Women are increasing their earning power but less likely than men to have financial protection should they suddenly be unable to work, according to new research.

In the third of a six part series on business protection, Maria Merricks examines the tools available to help advisers enter the market