Legal & General (L&G) has said take-up rates for Healthy Living and Workplace Rewards - part of its Worklife Solutions package of group income protection (GIP) were ‘very low' and are being withdrawn.
UK protection premiums grew 6% for Legal & General (L&G), their third quarter results have revealed.
Group income protection premiums could increase by as much as 50% due to the average age of the workforce increasing, research has found.
Canada Life Group insurance will continue to provide the RedArc Personal Nurse Adviser service for all its group critical illness claimants.
There is increasing pressure for the government to reform the welfare system with a key role for income protection (IP) in helping families develop a safety net, the Association of British Insurers (ABI) has said.
Canada Life's Paul Avis asks how the group risk industry can grow with the debate on auto-enrolment for group income protection one likely avenue.
Unum has announced it will increase the number of staff on its sales team who work face to face with brokers in a bid to grow the UK protection market.
The UK 'protection gap"'is well documented but family lending is reportedly helping Britons to plug the gap in household finances to the tune of £31 billion. GRiD's Katharine Moxham ponders the role of employers in financial education.
Ellipse's charity initiative 'You quote, we donate' has chosen its three charities for the remainder of 2014.
Thought pooling was just for the big players? Think again. Nele Segers outlines the financial case for the smaller pool