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Individual Protection

Income Protection

L&G replaces MPPI with STIP product

Legal & General has replaced its mortgage payment protection (MPPI) product with a short-term income protection (IP) offering called Lifestyle Cover.

clock 16 April 2012 •

Income Protection

Avelo adds British Friendly's short-term IP product

British Friendly's short-term income protection (IP) product is now available on Avelo's Exchange portal.

clock 16 April 2012 •

Income Protection

Case study - refugees and protection

I have a client looking to buy life and income protection (IP) cover. My problem is that, although he has indefinite leave to remain in the UK, he is a refugee and has no long-term medical or financial history. What problems are we likely to encounter?...

clock 11 April 2012 • 4 min read

Income Protection

"Do you have a Plan B?" - PG Mutual

PG Mutual Friendly Society has unveiled a new advertising campaign emphasising the need for people to think about their position should they become incapacitated.

clock 05 April 2012 •

Individual Protection

PPI payouts slowed in January

Compensation payments due to consumers mis-sold Payment Protection Insurance (PPI) slowed in January for the first time since September, with £403m paid in redress.

clock 05 April 2012 •

Critical Illness

The public prefer severity based CI to traditional - PruProtect

An independent survey, commissioned by PruProtect has found 61% prefer severity based critical illness (CI)cover, when comparing to traditional policies.

clock 03 April 2012 • 1 min read

Critical Illness

LV= heads for quality on CI relaunch

LV= today has relaunched its critical illness (CI) cover, with an increase in the number of conditions and partial payments covered, as it positions itself at the quality end of the market.

clock 03 April 2012 •

Insurer

IP Campaign: Ageas overhauling IP proposition

Ageas has confirmed it is looking for a "clearer strategy" for its income protection (IP) product as the market moves to own occupation underwriting.

clock 30 March 2012 •

Insurer

Friends Life paid 90% 0f 2011 CI claims

Friends Life paid 90% of claims under its critical illness plans last year., 1,565 claims admitted and processed out of 1,733.

clock 30 March 2012 •

Insurer

L&G paid record number of CI claims in 2012

Legal & General paid a total of £441 million combined death and critical illness claims in 2011, up from £373 million in 2010 and a new record for the firm.

clock 28 March 2012 •
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