Holloway Friendly stops offering one week and four week IP

Due to "unprecedented levels of applications" for income protection (IP) plans, Holloway Friendly stopped accepting new applications for policies with either one week or four week deferred periods. The change came into effect at 3pm on Friday 27 March and the mutual said it is only a temporary situation regularly under review. Holloway Friendly said: "We're sorry we've had to put these measures in place but these are unprecedented times and we're doing our best to deal with things as well as we can." The move follows its decision to apply COVID-19 exclusions to all new applications...