Income Protection

The government has accepted a recommendation to investigate the increase in the number of sick or disabled people sent by Work Capability Assessments (WCA) to a Support Group.

Seven Families has reported that the protection industry saw a rise in income protection (IP) enquiries towards the end of 2014.

Zurich has revealed it paid out 93% of income protection claims to over 687 customers during 2014.

Columbus Direct has launched a direct to consumer income protection policy.

LV= has warned that the highest number of house-buyers in seven years means that many people will be depleting their savings and may be in need of income protection.

A police officer who was paralysed in a motorbike accident at the beginning of a holiday has been announced as the next beneficiary of the Seven Families campaign.

British Friendly paid 96% of the 5000 income protection claims received over the past five years, newly released figures have revealed.

Exeter Family Friendly has added three benefits to its income protection plans - a GP helpline, private prescription service and automatic medical evidence limits.

Consumers believe their savings would be more useful to them if they were off work for more than six months than income protection, research has found.

A quarter (25%) of the UK workforce have taken out pet insurance yet only 7% are protecting their income with self-employed people being particularly vulnerable to financial risks, research has found.