Paid life claims reached 99% and mental health most common reason for IP pay-out
The biggest UK government investment yet for this type of cancer
CPD-accredited income protection series of breakfast meetings for advisers announced for April to May
The firm dished out a total of £636m across life, CIC, terminal illness and income protection
Recent Defaqto figures show a 13% fall in IP plans available on the market, but does this mean the cover available is decreasing in quality?
Firm pays 98% of life and 94% of CIC claims
Income protection decline leaving customers at risk of limited payment policies
Appointed to help promote and improve income protection
Mental health-related claims, up 2%, were the 5th most common
A policy to cover individuals unable to work due to illness, accident or injury
Cirencester Friendly has paid 94.7% of income protection claims submitted in 2017, totalling £4.4m in sick pay benefit.
British Friendly is trialling 'Immediate Support Payment' for claims received on income protection policies that have been in force for at least three months.
Cirencester Friendly, has appointed Paul Shepherd to the newly created role of 'key account manager'.
British Friendly has announced its paid claims percentages for the last twelve years.
Holloway Friendly has paid 97% of claims in Q4 2017 and 96% of claims in 2017 overall after significant changes made to the friendly society's claims payments over the past year.
LV= has made changes to its management team as a result of changes to its protection and retirement business, COVER can exclusively reveal.
A new report from Zurich has revealed some worrying numbers on the extent of the income protection gap in both the UK and around the world. Gary Shaughnessy takes a closer look at some of the findings
Some 3.2 million working couples are 'double income, no option' (DINO) households, according to research by LV=. This means they are reliant on two incomes to make ends meet, and would struggle to cope if they lost one.
LV= is hosting a series of webinars for advisers looking at the financial resilience of specific customer groups, and how advisers can help them.
British Friendly has introduced an online Adviser Toolkit to encourage income protection sales.
Holloway Friendly has widened its new online underwriting process allowing protection advisers to write both full and short term income protection business in minutes.
Legal & General has announced the launch of a rehabilitation support service for customers of its Income Protection Benefit product.
Jan Dryden, director of nursing services at RedArc, has announced her retirement at the end of this year.
Protection product sales in Q2 2017 rose by 4.9% on the previous quarter, reaching £147.1 million, the highest level in five years, according to analysis from Equifax Touchstone.