Income Protection
ProtectX4: Industry has to make protection sexy
L&G veteran Richard Kateley says more can be done to increase engagement with products
Andrew Wibberley: Always look on the bright side of life (and income protection)
'Whatever else changes in the world there are always lies, damned lies and insurance sales figures'
Holloway Friendly pays 98% of claims in 2020
Totalling £3.4 million
British Friendly pays out £5.6m in IP claims in 2020
52% y-o-y growth
Partner Insight: Getting the protection conversation started
As part of COVER’s new eBook in partnership with Royal London, we asked advisers about the barriers they frequently face when talking about protection – and what they do to jump over them
IP claims for mental health double during 2020: Zurich
Ahead of Mental Health Awareness Week
Advisers promoting IP but conversion rates remain low: IPTF
IPTF adviser survey
Homeowners wait for 'drastic change' before considering protection
MetLife survey shows
Partner Insight: Talking about protection
Ian Smart, Product Architect at Royal London, identifies the key challenges when talking about protection and explains how menu plans and innovative menu tools can ease client decision-making
Industry language holding back income protection take-up
The Exeter data
The perfect opportunity to show how income protection can support financial wellbeing
Stress Awareness Month
Covid dominates The Exeter's IP pay outs in 2020
One-third of claims
Holloway Friendly introduces enhanced accessibility options
Browsealoud tool
Aegon records 17% rise in life claims during 2020
CI claims drop 14%
The Exeter expands IP, PMI HealthWise benefits
Diet and nutrition
LV= Covid claims pay outs exceed £12m
Over 1,400 policyholders
Mutuals paid out £36m in IP claims in 2020
Nearly 19 in 20 claims
Holloway Friendly drops Covid exclusions
As of 15 March
Cirencester Friendly pays 94% of claims in 2020
Totalling £7.8 million
LV= paid 95% of 2020 individual protection claims
Over 9,000 claimants
Sunak extends stamp duty holiday to end of June
'Government guarantee' on mortgages with 5% deposit
Universal Credit Covid top-up maintained for six months
Until September
