Income Protection

A third (33%) of UK households could not cope financially if they lost their main income yet only 7% of the population has income protection (IP), according to research.

Defaqto has said it believes short term income protection (IP) products are likely to become the replacement for payment protection insurance (PPI).

The fit note is not reducing absence yet as sickness time off increased to 190 million lost working days at a cost of £17bn to employers last year, the Confederation of British Industry (CBI) has said.

The Centre for Social Justice (CSJ) think tank has applauded the government's first year of welfare reform calling it "an impressive start".

Cirencester friendly has increased both premium income and membership in the last year.

MPs have condemned some of the coalition's most controversial plans for welfare reform and called for them to be scrapped in two early day motions (EDMs).

More than half of UK adults hold no life insurance despite being highly aware of the importance of having it and other protection products, according to research.

The government has vowed to press ahead with reform of the welfare state as its latest statistics show less than a quarter of those applying for Employment and Support Allowance (ESA) are successful.

Government plans to give care workers and patients more control over their care will be tested with the announcement of six trial areas.

LV= has continued the market's focus of reducing reliance on GP reports (GPRs) by slashing the number requested for its income protection (IP) applications.