CIC represents 23% of all claims and income protection accounts for 12%, according to figures from ABI and GRiD
Recently we announced that, according to ABI and GRiD stats, the protection industry as a whole paid out a record-breaking £5bn for group and individual claims in 2017 (97.8%). COVER can now reveal that ABI figures show that life claims represented two thirds (65%) of all group and individual claims paid last year, critical illness cover (CIC) accounted for 23% of the share while 12% of the overall amount was for income protection. The ABI also disclosed that 30% of individual income protection...
VitalityLife has launched a risk calculator that is able to work out the likelihood of clients facing ill health by putting in some basic, personal information.
'Support services' are not bolt-ons but integral to insurance offerings, says Paul Avis, and there are plenty of good reasons for employers and their advisers to promote them wherever possible
Association of Medical Insurers and Intermediaries (AMII) chairman Stuart Scullion has warned the industry to make sure it is prepared ahead of the IDD, the next EU-driven legislation set to 'shake up the sector'.
Our biggest Protection & Health Summit yet comes to Hilton London Bankside on 4 October