Income Protection

LV= has signified its intent to become the cheapest income protection (IP) provider by reducing prices for the next three months.

Unum has become the second insurer to use ITV's Downton Abbey to promote the importance of income protection (IP).

The project to bring about an income protection (IP) quality standard (QS) has been abandoned.

Complaints about critical illness (CI) have spiked sharply over the last six months, the FSA has reported.

The Disability Benefits Consortium (DBC) has produced a ‘myth buster' factsheet issuing a stark warning for potential future claimants about the realities of the impending welfare reforms.

Just one quarter of people in employment prior to successfully claiming Employment and Support Allowance (ESA) had returned to work 18 months later, the Department for Work and Pensions (DWP) has found.

Almost 30 million protection policies were in force last year with consumers receiving over £32m per day in benefits, according to the ABI.

Subscribers to the Protection Review believe the industry should address perceived problems with Activities of Daily living (ADL) & Activities of Daily Working (ADW) definitions for income protection policies.

A buyers' guide to short-term income protection (IP) and mortgage payment protection insurance (MPPI) has been launched to assist consumer awareness of the products.

Exeter Family Friendly is believed to be one of the first insurers to publicly revamp its protection products to accommodate the European Court of Justice (ECJ) ruling on gender based pricing.