Individual Protection

Plans to encourage medical innovation are little more than experimental, writes Richard Walsh.

LV= has launched an income protection policy ‘Personal Sick Pay' widening eligibility to occupations that have previously been more expensive to insure.

TSB Bank has launched a partnership with Legal & General (L&G) to offer protection insurance to its customers from the beginning of July 2014.

Government and financial services must work together to ensure customers get the information they need to put protection at the heart of financial planning, Aviva has urged.

With millions behind on their household bills, PG Mutual is warning UK bill payers to consider how they would cope if they were to lose their income due to illness or injury.

British Friendly has launched a quote app for its range of Income Protection products.

Scottish Widows has reported that it paid out 99% of life and 90% of critical illness claims through its bancassurance channel during 2013.

The Income Protection Task Force (IPTF) has launched ‘Seven Families', an industry initiative aiming to show income protection (IP) and its benefits at work to the wider public.

Legal & General has launched an Income Protection Benefit (IPB) product including an income guarantee and the removal of state benefits being deducted from monthly benefit payments.

Protection sales have bounced back during 2014 with income protection and independent advice leading the way. Gen Re's Jules Constantinou explains.