Income Protection

Wiltshire Friendly paid out 99.20% of all submitted income protection claims in 2012, the mutual's highest reported level over the past 4 years.

Adviser firms offering non-advised protection sales is not good for consumers, according to the majority of advisers, life offices and reinsurers.

As someone who feels passionate about women having financial protection and owns a practice that specialises in advising women, I wrote a lot of protection business before G-Day.

Income replacement is the most important protection product available, Defaqto has said in light of today's Office for National Statistics unemployment data.

The number of UK unemployed benefit claimants has fallen to its lowest in a year and a half, the Bank of Scotland has reported.

One in four (23%) of the 325,000 newly diagnosed cancer patients in the UK - an estimated 70,000 patients each year - lack support from family and friends during their treatment and recovery, according to Macmillan Cancer Support.

The Office of Fair Trading (OFT) and the Financial Services Authority (FSA) will be meeting with insurers and protection industry individuals to provide clarity on recent short-term income protection product (STIP) final guidance.

The Defaqto star ratings system has been called into question by industry experts following publication of its 2013 income protection (IP) products ranking.

Holloway Friendly income protection claims statistics have shown 96% of all claims in 2012 were paid out.

Ageas has increased income protection commission for financial advisers to match the level paid on other policies.