British Friendly backs IP campaign

clock

British Friendly Society has become the second insurer to add its name to COVER's campaign to reform the assessment of claims for income protection (IP).

The campaign aims to end the practice of writing list-based occupational definitions, such as Activities of Daily Living and Working (ADL and ADW) for the product.

Mark Myers, CEO of British Friendly, said the society was pleased to lend its weight to the movement for change in the sector.

"We are pleased to pledge our support for this campaign and help to further build adviser and consumer trust in income protection," he said.

"To us it is simple. As a mutual, our policyholders are our members.

"If you are a plumber and can't work as a plumber, we want to pay you. We don't want to debate whether or not you can climb the stairs - that sort of thing only causes disputes and understandable anger," he added.

The society has joined fellow mutual society Cirencester friendly in the first wave of organisations to back the campaign.

Support for the campaign is open to all members involved in the income protection sector, including insurers, advisers, consultants and other bodies.

The Protection Review and adviser Roy McLoughlin of Master Adviser kicked off the drive with their support.

More on Income Protection

Dentists' Provident releases annual report

Dentists' Provident releases annual report

£5.2m paid in sickness claims

Cameron Roberts
clock 12 April 2024 • 1 min read
Record week for IP: iPipeline

Record week for IP: iPipeline

Activity 8% higher than previous record

Cameron Roberts
clock 02 April 2024 • 1 min read
Why we still need to talk IP

Why we still need to talk IP

"Increasing sales starts with education"

Matthew Chapman
clock 14 March 2024 • 3 min read

Highlights

COVER Survey: Advisers damning of protection insurer service levels

COVER Survey: Advisers damning of protection insurer service levels

"It takes longer than ever to get underwriting terms"

John Brazier
clock 12 October 2023 • 5 min read
Online reviews trump price for young people selecting life and health cover

Online reviews trump price for young people selecting life and health cover

According to latest ReMark report

John Brazier
clock 11 October 2023 • 2 min read
ABI members with staff neurodiversity policy nearly doubles

ABI members with staff neurodiversity policy nearly doubles

Women within executive teams have grown to 32%

Jaskeet Briah
clock 10 October 2023 • 3 min read