Income Protection
Govt. extends furlough scheme by four months
80% of monthly wages up to £2500
LV= pays out £2.5m for coronavirus
Nearly 300 claims
Mutuals pay 19 out of every 20 IP claims in 2019
Over £26m to nearly 7,500 policyholders
British Friendly makes three key underwriting changes
'To help advisers'
Anorak teams up with rental app to offer IP
Commission for letting agents
HCB develops tele-triage service for IP claims
To support customers during COVID-19
British Friendly adopts remote medical screenings
During COVID-19
Holloway Friendly adds three month 'premium holiday'
‘Extra flexibility’
L&G: Early intervention available on individual IP
Much like group IP
Aegon enhances income protection offering
'Affordable and flexible'
Cirencester Friendly removes short deferred IP
From 2pm on 31 March
Holloway Friendly stops offering one week and four week IP
'Unprecedented levels'
British Friendly removes day one and week one IP
Until further notice
LV= stops offering day one and week one IP
During COVID-19
Tracey Clarke: 'We regret cancelling our IP policy'
'One of the first things to go'
Do you remember Seven Families? Mental health video
'When physical health suffers, mental health can suffer too'
L&G tweaks IP due to coronavirus
‘Uncertain times’
iPipeline reports recent IP sales spike due to coronavirus
Up 42% last week
Coronavirus: Income protection round-up
As of 18 March
Comparethemarket.com suspends offering ASU & IP
In light of coronavirus crisis exclusions
Adam Saville: Out of every crisis comes opportunity
Five things to cling onto
Holloway Friendly updates coronavirus exclusion
As of Tuesday 17 March
British Friendly adds COVID-19 exclusion for all new policies
Claims to be honoured for existing members
More IP providers add coronavirus exclusions
For new policies
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