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

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 mortgage protection up 7.9% and multi benefit showing an increase of 19.3% compare the whole of last yea...