Aviva has launched a simplified income protection product called 'Living Costs Protection' which the insurer says is 'more affordable' for customers.
Customers select a monthly fixed benefit of between £500 and £1,500, the claims payment period is up to 12 months per claim. At claim stage, there is no financial assessment, and no deductions are applied. The customer will receive their selected benefit amount once Aviva has accepted their claim. In addition, there is no limit to the number of claims a customer can make. It is also described as suitable for fluctuating incomes such as the self-employed and contractors, where the income-based...
'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
As part of COVER’s new eBook in partnership with Royal London, we asked advisers about the barriers they frequently face when talking about protection – and what they do to jump over them
Ahead of Mental Health Awareness Week