Record week for IP: iPipeline

Activity 8% higher than previous record

Cameron Roberts
clock • 1 min read

Technology provider, iPipeline, reported it has experienced its highest week for new Income Protection (IP) applications in a decade this month.

For the week beginning 11 March, the provider received 3,280 applications, which is 8% higher than the previous record total. The figure includes standalone or multi benefit plans that include IP.  t Paul Yates, product strategy director, iPipeline, said: "The activity we've seen on iPipeline portals this month further indicates the growing demand for income protection. The weekly high achieved in 2023 was the highest since 2014, which indicates an upward trend is likely to continue this year. "In a climate of high interest rates and many still feeling the squeeze caused by double dig...

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