Income Protection

Income protection (IP) provider British Friendly has announced it paid out 96.27% of claims during 2013.

UK employers suffer almost one million long-term sickness absences each year, according to official government statistics released today.

MPs have announced they are to undertake a Select Committee inquiry into the controversial Work Capability Assessments (WCA).

Arranging suitable protection insurance s is often ‘overlooked' by people going through a divorce, Aegon has warned.

LifeQuote has launched new income protection (IP) comparison software as a response to the almost universal switch by protection providers to the ‘Own Occupation' definition.

Two thirds of consumers said they would ‘rely' on family support, savings, or investments; not protection insurance, if they were diagnosed with cancer and unable to work.

The perceived value of a protection policy drops after its sale and is leading to lapsed policies, The Syndicate has said.

Unum says insurers and brokers should embrace social media to 'stay successful in the digital age'.

More than half of consumers who have bought protection insurance (53%) have 'never reviewed' their protection needs, the latest Aviva research has found.

LV= has seen a slight decrease in its protection business over the last year but says sales have been 'resilient' amid ‘adverse market conditions'.