Income Protection

The joint chair and founding member of the Income Protection Task Force has thrown his weight behind COVER's campaign against the use of list based definitions in income protection policies.

LV= has backed COVER's IP Campaign and is considering alternatives for its remaining occupations which have a list based definition of incapacity.

Financial advisers, Drewberry Insurance, has launched an income protection (IP) tool to help consumers understand which occupation definition they are likely to be offered, based on four key aspects of the individual's job.

Consumer group Which? has listed task-based income protection cover and absolute return funds among a list of 'financial products to avoid'.

British Friendly's short-term income protection (IP) product is now available on Avelo's Exchange portal.

PG Mutual Friendly Society has unveiled a new advertising campaign emphasising the need for people to think about their position should they become incapacitated.

A survey of financial directors has found over a third of businesses will continue to increase their budgets for employee benefits.

Too many employers are not offering income protection to their employees and their families according to research from Jelf Employee Benefits.

Drewberry Insurance has launched a new income protection (IP) comparison tool aimed at helping consumers make a more informed decision.

Bright Grey and Scottish Provident have confirmed that they are reviewing income protection, aiming to "substantially" increase those offered own occupation cover.