Income Protection

Cirencester Friendly has revealed it paid out 94% of claims in 2013 maintaining the same pay out rate as 2012.

The average number of days lost to sickness absence has fallen by almost 40% since 1993, dropping from an average of 7.2 days per worker to 4.4 days in 2013.

Zurich UK Life has revealed it paid out 94% of income protection (IP) claims to customers during 2013.

Across England and Wales one in 25 people (4.3 per cent of the usual private household population; 2.4 million people) have self-reported they are in ‘good' health despite a disability, the 2011 census found.

Specialist insurer, UK General, has designed a bespoke income protection policy in a deal with Best Insurance.

MPs are expected to take part debate on a motion relating to the effects of welfare reform on sick and disabled people.

The FCA is being criticised for failure to issue guidelines to lenders to financially protect consumers when making a mortgage offer.

The Department for Work and Pensions (DWP) is expected to put out its tenders for private companies to run elements of the Health and Work Service (HWS) this week.

Income protection (IP) provider British Friendly has announced it paid out 96.27% of claims during 2013.

UK employers suffer almost one million long-term sickness absences each year, according to official government statistics released today.