Individual Protection

Legal & General (L&G) has responded to the call from the ABI for protection to have a greater role in reducing the state's welfare burden.

Friends Life has reported an 11% increase in its protection business; its Q3 2014 results have shown.

Protection insurance is a viable way of cutting the government's cost of welfare, the Association of British Insurers (ABI) has said.

The Seven Families campaign has announced the second family to benefit from the scheme, the Pinders.

Cancer has accounted for 50% of all male critical illness (CI) claims with a quarter of those claims for prostate cancer this year, Aegon's claim statistics have revealed.

Sickness, both long-term and temporary, was the main reason given for not working by people aged 16-64 years living in workless households across the UK, the Office of National Statistics (ONS) has found.

Royal London Group has seen a fall in the protection side of its business of 29%, offset by rises in its pension business.

Transact and Ageas Protect have teamed up to launch an investment-linked life cover policy available via Transact's platform.

The launch of the Seven Families campaign has been welcomed by Unum.

The Policy Exchange has released a radical report arguing for a new welfare system based on contributions rather than means testing called Making Contributions Count, writes Richard Walsh.