Two fifths (42%) of self-employed people mistakenly believe they are not eligible for income protection insurance according to research from LV=.
Just 4% of self-employed people have income protection, compared to a national average of 11%, the insurer's survey also found. In addition 2 million self-employed are unable to save any money each month leaving them vulnerable to financial shocks. With the number of self-employed workers now close to five million, the second instalment of LV='s ‘Income Roulette' report - a study of debt, savings and protection among 9,000 people - explores how the self-employed would cope with an unexpected...
Unum has published its third annual claims statement with information on every new group income protection (GIP) claim it paid in the last year.
'Vary in effectiveness'
Cura Financial Services are going to be hosting a live broadcast discussing how advisers can benefit from quirky marketing.
Advisers urged to start planning