Group Protection

The Income Protection Task Force (IPTF) has said it is "delighted" by the recent publication of income protection (IP) claims statistics by insurance companies, and argued the move would boost consumer confidence in the market.

Friends Life increased critical illness payouts by £33million in 2012, paying nearly 90% of claims

Swiss Re has said the industry is "getting it right" following strong in-force group risk premium growth figures in its Group Watch 2013.

LV= is testing the water over new product designs on a work site basis with its own workers.

Group protection is under significant price pressure. Paul Avis explains why and offers a few suggestions to support clients who may be shocked by the cost.

Advisers are showing increasing interest in restricted advice models, but the majority are still trading with independent models, Aviva has reported.

Nicola Culley asks if the introduction of auto-enrolment will deliver new business to the group life market or if employers burdened by the extra costs will cut back.

Legal & General has said Group Income Protection (IP) declinature figures for 2012, were down from 2.2% in 2011 to 0.8 in 2012.

Critical illness insurance database CIExpert has released an analysis of Legal & General's alterations to its critical illness products.

Over four in five employers (82%) now pro-actively record, monitor and manage absence, according to Group Risk Development (GRiD).