Only one in five 5 UK respondents to a global survey have income protection cover in the event of becoming too ill or disabled to work, according to research from Zurich.
Stonebridge Group has urged mortgage and protection advisers to focus on the post-EU Referendum ‘opportunities' around remortgaging and protection cover.
Mark Graves, sales director of Sesame Bankhall Group (SBG) has urged mortgage brokers and financial advisers to discuss protection with every customer saying ‘you don't get to choose which customers are getting the value of your knowledge.'
LV= has promoted Myles Rix, managing director of its protection business and John Perks, managing director of its Retirement Solutions business, to its Group executive team.
Legal & General has launched a two year limited benefit income protection policy product to meet the growth of the low cost market.
Half of consumers polled 'want more' from critical illness policies compared to other protection policies according to research from VitalityLife and The Syndicate.
COVER rounds up some initial adviser views on the UK referendum result.
A woman from Luton has been sentenced after she made fraudulent claims on her employer's income protection insurance policy held with Unum, claiming she was unable to work when in fact she was working as a call centre operative elsewhere.
UK workers' savings would last just 4 months if they lost their income according to research from Canada Life Group Insurance.
A lack of perceived value in protection policies is leading to cover being cancelled, according to a report from The Syndicate, the research arm of Protection Review.