Group Protection

Income protection needs to strip out the state benefits element if the product is to move upwards, a consultancy firm has stated.

The Income Protection Task Force has planned to launch a consumer charter as part of a three-point plan for income protection.

One third (32%) of the UK's working population has called in sick to work due to stress, 52% of those in the last year.

So we heard from British Friendly recently that income protection (IP) sales are not benefiting from the gender change opportunity. Advisers have reported similar, but that life is tracking the opposite trend.

Educating consumers on the importance of income protection is a job for government and industry-led campaigns, advisers have said.

Ellipse has launched its second group income protection product - this time focusing on bonuses for absence reduction and early notifications.

Protection advisers will need to be clear when building simplified advice-style propositions to address basic client needs, an adviser firm has warned.

Legal and General has been challenging employers to do more about mental health in the workplace following a visit from Labour party leader Ed Miliband.

Exeter Family Friendly has made its income protection available through Capita Financial Software's adviser portal Webline.

The FSA recently responded to a provider letter airing concerns about advisers filling out medical disclosure applications. Should it be the adviser's job to exercise the necessary medical expertise? And how evolved are insurer systems to accurately capture...