Income Protection

As part of COVER's 20th Anniversary series, Fiona Murphy talks to Legal & General's Mark Holweger about income protection.

LV= is adding Doctor Services to all personal protection products for new customers at no added cost, in partnership with Square Health.

Royal London paid 97.3% of claims totalling over £331m during 2016, according to the insurer's published claims statistics.

Income protection provider Wiltshire Friendly has now launched Twitter, Facebook and Linkedin for its members.

Karin Lloyd, claims expert and one of the architects of Seven Families, has appeared as a backing singer on a charity single to raise funds for SANE.

Swiss Re's Term and Health Watch 2017 has shown growth across all individual protection products, with income protection showing the highest levels of growth at 9.8%.

The Association of British Insurers (ABI) has changed its methodology for publishing protection claims stats with income protection claims payments experiencing a decrease compared to the previous way of reporting claims paid.

Royal London has removed the age restrictions for all occupations under its income protection (IP) and Key Person income protection covers.

Paul Harwood is the latest recruit to join the new management team at Holloway Friendly.

Aviva has released its first Individual Protection Claims Report which highlights that it paid out 96.7% of all individual protection claims in 2016.