Surveys suggest only around 1 in 10 UK employees have income protection insurance, yet as Which? says ‘The one protection policy every working adult in the UK should consider is the very one most of us don't have - income protection'.
Providers have welcomed the government's statutory sick pay increase, but warned against "woefully" high rates of unprotected families as welfare cuts continued.
LV= is offering a 5% discount on all income protection to stimulate adviser sales.
The Money Advice Service (MAS) has put an increased emphasis on 'budgeting' in its Business Plan 2013/14 released today.
British Friendly has announced its claims stats for 2012, its second year of intermediary trading.
Cirencester friendly has confirmed a deal with Capita Financial Software to develop its adviser portal.
Take a look back at the top six most read stories on COVER this week.
Legal & General has published its retail protection claims data for 2012.
The Money Advice Service (MAS) is working on "difficult" plans to measure take-up and success of simple protection products.
The imminent Welfare Reform Act should serve as a wake-up call to the public. It will be launched on 1 April and will bring major changes to payments for thousands of people and further reinforce that reliance on the State is a fool's paradise.