Holloway Friendly reintroduces four-week deferred IP

In March, Holloway Friendly withdrew one-week and four-week deferred periods at a time when the impact of Covid-19 was unclear. As the infection rate has fallen, the friendly society has re-introduced a four-week deferred period on its ‘full term' income protection (IP) products, Purely, one2protect and Classic Plus. The mutual said that in order to offer these policies without putting existing members at risk, a Covid-19 exclusion has been added alongside a question about furlough scheme payments. As part of the application process, the insurer is asking: Are you currently self-is...