Income Protection

LV has overhauled its income protection (IP) and critical illness (CI) offerings, including extending coverage on both to age 70.

Defaqto has launched new Star Ratings for short-term income protection.

Cirencester friendly says the outlawing of gender-based underwriting could be a boon for providers selling Holloway-style income protection (IP) plans.

Income Protection specialist, dg Mutual, has paid out 99% of claims for the third year running, with over 50% of claims paid out within one week.

LV= has improved its claims paid figures for both critical illness (CI) and income protection (IP) during last year.

Pharmaceutical & General Provident Society has revealed it paid 98% of its income protection claims last year.

Wiltshire Friendly Society has announced high claims payments on income protection, with 97.6% of all claims paid.

Unum has warned that the Welfare Reform Bill will mean benefits are harder to come by while the Citizen's Advice Bureau (CAB) claims reforms are unfair to the sick.

Disability campaigners have hit back at government plans that will see banks pay less than disabled people to cut the national deficit.

What Insure has launched an income protection (IP) product including cover in the event of someone becoming a carer.