More comprehensive cover available in addition to current shorter payment options
Customers who do not want or cannot afford a full term payment for income protection (IP) can now choose Royal London's five year payment option. The new payment period offers a more comprehensive cover option for IP than the current one year and two year options, which are the existing alternatives to a full term payment period. "Losing an income due to illness or injury is one of the biggest risks people can face, so it's important to have cover that can be tailored to individual requirements,"...
Short-term and long-term income protection
Among other initiatives
Adam Higgs assesses the IP options available to renters
As SSP value falls