Pioneer unveils new IP plan

Following a successful pilot Pioneer has officially launched its income protection policy, Bills & Things.

The policy is specifically designed to help claimants pay bills such as rent and council tax when they are unable to work through injury or illness.

Richard Wyatt-Haynes, Sales & Marketing Director at Pioneer, said: "Bills & Things is a simple, easy to understand and affordable policy with no financial underwriting.

"At Pioneer we believe this simplified policy and our easier and faster processing will help intermediaries sell more of this valuable commitment cover."

Premiums start from £9.99 a month for £500 of cover, up to a limit of £1,000 with a maximum claim period of one or two years.