Income Protection

A new report from Zurich has revealed some worrying numbers on the extent of the income protection gap in both the UK and around the world. Gary Shaughnessy takes a closer look at some of the findings

Some 3.2 million working couples are 'double income, no option' (DINO) households, according to research by LV=. This means they are reliant on two incomes to make ends meet, and would struggle to cope if they lost one.

LV= is hosting a series of webinars for advisers looking at the financial resilience of specific customer groups, and how advisers can help them.

British Friendly has introduced an online Adviser Toolkit to encourage income protection sales.

Holloway Friendly has widened its new online underwriting process allowing protection advisers to write both full and short term income protection business in minutes.

Legal & General has announced the launch of a rehabilitation support service for customers of its Income Protection Benefit product.

Jan Dryden, director of nursing services at RedArc, has announced her retirement at the end of this year.

Protection product sales in Q2 2017 rose by 4.9% on the previous quarter, reaching £147.1 million, the highest level in five years, according to analysis from Equifax Touchstone.

Holloway Friendly has launched an online underwriting process allowing protection advisers to write short term income protection business 'in minutes.'