Income Protection

Defaqto has said it believes short term income protection (IP) products are likely to become the replacement for payment protection insurance (PPI).

The fit note is not reducing absence yet as sickness time off increased to 190 million lost working days at a cost of £17bn to employers last year, the Confederation of British Industry (CBI) has said.

Cirencester friendly has increased both premium income and membership in the last year.

One of the most commonly cited reasons for poor protection sales is that most of the country is unaware of the availability of these products and what support they can provide.

More than half of UK adults hold no life insurance despite being highly aware of the importance of having it and other protection products, according to research.

The government has vowed to press ahead with reform of the welfare state as its latest statistics show less than a quarter of those applying for Employment and Support Allowance (ESA) are successful.

Employers underestimate the importance of the benefits they offer staff after new research revealed half of employees would move jobs for better benefits.

Over half of middle income households are vulnerable to losing their primary income, according new research.

Doctors have branded fit notes a success in helping people return to work but believe it has not improved advice to patients and that more local services are needed to support returning to work.

Disabled people receiving the Personal Independence Payment (PIP) will be subject to regular reassessments and the majority of cases will be fixed-term payments.