Income Protection

British businesses appear split down the middle on their knowledge of group income protection, research finds.

Friends Life has increased the commission advisers receive on its income protection policies by approximately 15% in a bid to bring it into line with commission received on critical illness and life products.

Three-quarters of employees suffering with stress related problems are able to return to work within six months, according to Legal & General data.

Too many employers are not offering income protection to their employees and their families according to research from Jelf Employee Benefits.

PruProtect has called for a discussion on how to treat those who do not naturally fit into own occupation underwriting for income protection.

Aviva has reviewed its occupational classes, resulting in 95% of new clients being offered own occupation for income protection (IP) it has also moved its non-medical limits.

Mortgage payment protection and short-term income irotection specialist i:protect has said it is in talks with an unnamed charity partner to enter the group market through an online portal.

Exeter Family Friendly has backed COVER and the Protection Review's IP Campaign against the use of occupational definitions in income protection policies.

Group Risk Development (Grid) has released the first ever full set of collated claims figures from the group risk industry.

The government's controversial welfare reforms have received Royal Ascent and so been adopted into law.