Group Protection

UK businesses have been spending £620,000 every year on long-term employee sick leave, the Centre for Economics and Business Research (CEBR) has found.

MetLife has bumped up its group life protection with a bereavement and probate service.

With a background in general insurance, Darren Spriggs brings a fresh perspective to the protection arena. Paul Robertson interviews the new MD of Ageas Protect.

Lack of priority within the NHS represents an opportunity for the private healthcare sector the UK Rehabilitation Council has said.

The insurance gap is widest for aged 55 and over, MetLife has said.

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

Almost three-quarters (72%) of advisers dealing with group risk believe auto-enrolment will present them with new business opportunities, as employers seek financial advice to ensure they are compliant with its regulations.

Providers should concentrate on low pricing of core services in the group protection market Canada life has been told.

Since 2006 Legal & General have paid out over £1.5 million as part of their early notification bonus scheme.

Short term income protection products are set to be the big seller over the next ten years, according to the protection industry.