Income Protection

Income protection decline leaving customers at risk of limited payment policies

Appointed to help promote and improve income protection

Mental health-related claims, up 2%, were the 5th most common

A policy to cover individuals unable to work due to illness, accident or injury

Cirencester Friendly has paid 94.7% of income protection claims submitted in 2017, totalling £4.4m in sick pay benefit.

British Friendly is trialling 'Immediate Support Payment' for claims received on income protection policies that have been in force for at least three months.

Cirencester Friendly, has appointed Paul Shepherd to the newly created role of 'key account manager'.

British Friendly has announced its paid claims percentages for the last twelve years.

Holloway Friendly has paid 97% of claims in Q4 2017 and 96% of claims in 2017 overall after significant changes made to the friendly society's claims payments over the past year.

LV= has made changes to its management team as a result of changes to its protection and retirement business, COVER can exclusively reveal.