Income protection grew by 22.6% last year, Term & Health Watch finds
Swiss Re has reported that individual protection sales increased 5.9% during 2018. The latest Term & Health Watch found that 2,088,214 new term, whole life, critical illness (CI) and income protection policies were bought during 2018 - the highest level of new business since 2004. Term sales overall grew by 5.5% during 2018, while term sales without critical illness (CI) increased by 7.3% and term sales including CI rose 1.7%. All products lines are up this year with the exception of standalone...
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