income protection task force

Advisers have called for more detail and clarity around claims statistics, following the publication of income protection (IP) figures from Friends Life earlier today.

Friends Life has no current plans to publish income protection claims statistics, citing concerns about inconsistent and differing criteria.

Protection specialist and former Associate Director of the ABI, Nick Kirwan has joined the executive team of the Income Protection Task Force.

Carol Sergeant has suggested the proposed income replacement product will not be included in the first phase of the proposed simple products, the Income Protection Task Force (IPTF) has stated following a meeting with the review's chair.

Income protection needs to strip out the state benefits element if the product is to move upwards, a consultancy firm has stated.

The Income Protection Task Force has planned to launch a consumer charter as part of a three-point plan for income protection.

The Income Protection Task Force has championed the recognition of the need for simple income replacement products in the recent steering group report on simple products.

PruProtect will be offering 30% free life cover free for new Serious Illness Cover plan policyholders and has re-priced its income protection product.

The Income Protection Task Force has completed a draft Charter setting out the obligations and opportunities of companies selling Income Protection.

A charter for income protection (IP) setting out the obligations and opportunities of companies selling Income Protection was one of the key things considered a recent IP Summit in London.