IRESS shows 2018 will be 'record-breaking year' for protection

The Exchange sales data

Adam Saville
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IRESS shows 2018 will be 'record-breaking year' for protection

Full year growth overall estimated at 19.5% to 21%

Click-through sales data from IRESS' online comparison, quote and transaction portal, The Exchange, has revealed that growth in protection sales for the year so far has already surpassed 2017's full-year figure by 13.7%. Income protection (IP) is showing most impressive growth. With a month left in 2018, IP sales are 29.2% above 2017's end-of-year figure and there was 39.3% year-on-year growth for November. Term and critical illness is up 22.9% on 2017's over full-year figure, with mort...

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