Royal London updates IP proposition

Flexibility for the self-employed

Jaskeet Briah
clock • 3 min read

Royal London has made a series of updates to its income protection (IP) proposition to make it easier to claim on the product.

The changes, according to the mutual insurer, are aimed at ensuring better customer outcomes, with features specifically for the self-employed and pay out limits to reflect higher living costs. Jennifer Gilchrist, protection specialist, Royal London, said: "The pandemic, followed swiftly by the cost-of-living crisis, has impacted almost everyone's everyday finances. It has focused people's minds on the need for longer-term financial resilience and protecting themselves and their loved ones should hard times hit. In doing so it's been a catalyst for people seeing the importance of protect...

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