Suzanne Clarkson explores what’s next for income protection
Income protection (IP) sales are on the rise, albeit from a low starting point. Can the industry in its current guise now rely on inertia? Or will the force for change - in terms of greater accessibility, flexibility and added value - bring it to a grinding halt. One thing's for sure, the need for society to become more self-sufficient is not going away. And people are slowly realising this. "What started with pensions has now extended to long-term illness," says Roy McLoughlin, associate director,...
L&G veteran Richard Kateley says more can be done to increase engagement with products
'Whatever else changes in the world there are always lies, damned lies and insurance sales figures'
Totalling £3.4 million
52% y-o-y growth