Income protection sales increase 44.7% during H1 - IRESS

Technology firm IRESS has reported an almost 45% year-on-year rise in click-through rates for income protection (IP) on comparison portal The Exchange during the first six months of 2019. Earlier this year, it reported 50% rise in IP sales during Q1 2019. IRESS data collated from the last three-year H1 periods, however, shows a worryingly significant difference in protection sums assured between men and women. The data indicates that male sums assured for critical illness are 90% higher than female sums assured. For life and critical illness cover the difference is 50% and for life...