Income Protection

Employers should review their group income protection strategies due to increasing staff reliance on company benefits, Mercer is advising.

Unum is optimistic the Money Advice Service (MAS) will still be a strong contender to distribute the recent steering group-proposed simple products, despite recent troubles.

A comparison website has estimated a 15% life insurance rate rise for women post-Gender Directive and warned that getting in early will be vital.

Building a simple income replacement product as outlined in the recent Review of Simple Financial Products may not be entirely possible, Aviva has said.

UK businesses are being hindered by lack effective sickness absence management and group cover, Aviva has reported.

Unum was in talks yesterday with Carol Sergeant to bang the drum for more prominence on the workplace in the distribution of her steering group's simple income replacement concept.

One thing you can say about the recent Review of Simple Financial Products is that Carol Sergeant and her team have done their homework. If nothing else, it breaks down and builds up a clear target market for a simple income replacement concept.

The environment income protection is sold into is changing fast. Lee Lovett sees promising signs this could be the start of the time when IP cover comes of age

Legal and General has reported half of group income protection queries have been about retirement age implications for benefits.

Unum has created a video to help employers understand the value of income protection to their business.