Income Protection

Protection insurance sales have hit a nine-month high due to increased mortgage lending, according to LifeQuote.

Insurers have applauded news the ABI is to refine definitions insurers use to report claims pay-out rates to ensure greater consistency across the industry.

So, income protection has been left out in the simple product cold. John Bridge assesses whether it will ever join the gang.

Group protection is under significant price pressure. Paul Avis explains why and offers a few suggestions to support clients who may be shocked by the cost.

More than half of employers would be encouraged to offer group benefits if the government offered tax incentives, a survey has reported.

An online quoting system has reported that all consumers look at more than one protection product area when considering cover.

Personal Group has made changes to its Voluntary Group Income Protection (VGIP) plan, increasing the maximum benefit and improving its occupation definition to Own Occupation.

An employer may terminate the contract of an ill worker receiving claiming protection insurance benefits, a tribunal ruling confirms.

LV= has added benefits to its income protection (IP) offering for medics so they have a relevant level of cover.

Employers should review their group income protection strategies due to increasing staff reliance on company benefits, Mercer is advising.