Income Protection

As the ABI examines publishing claim statistics on short-term income protection (STIP) policies, British Friendly's Mark Myers says we need greater clarity on these plans.

Employers do not have to give fixed-term employees the same insurance coverage as permanent staff.

Income protection provider British Friendly has appointed Roy McLoughlin of adviser firm Master Adviser as a new non-executive director.

Zurich has revealed it paid 100% of income protection claims during January and June 2014.

Cirencester Friendly has launched a new Income Protection contract "My Earnings Insurance" ("MEI").

Income protection provider Exeter Family Friendly has increased the medical underwriting limits for its plan for low risk workers.

Aviva paid out £12.9 million to individual income protection customers in 2013.

Six million homes, half of all mortgaged residential property in the UK, could be at risk because the owners are not covered by any form of protection insurance; according to research.

Sun Life Direct is to rebrand as Sun Life, with ambitions to become the UK's leading direct-to-consumer financial services brand.

GPs could be given incentives to encourage them to refer employees to the Health and Work Service (HWS), but may lose the responsibility of issuing fit notes.