Aviva enhances 'Income Protection+'

Aviva has increased the amount of earnings an advised client can cover with its ‘Income Protection+' policy. The new benefit calculation will be 65% of the first £60,000 of customers' gross earning, plus 45% of any gross earnings above £60,000. This was previously 65% of the first £10k, plus 55% of £10-£90k plus 45% thereafter. Aviva said the change will also potentially present advisers with an added opportunity to review the level of cover for clients. The maximum benefit available under this policy will still be £20,000 per month (£240,000 per annum). It is expected that advi...