Income Protection

Over two thirds of the UK adult population either hasn't purchased any life insurance (57%) or doesn't know whether they have or not (11%), research from LifeSearch has found.

British Friendly has extended its Mutual Benefits programme to members' wider family via two initiatives.

Capita Life & Pensions has launched a direct-to-customer digital protection system.

Royal London has made changes to its income protection proposition including fracture cover, hospitalisation payment and an additional payment on death.

Two fifths (42%) of self-employed people mistakenly believe they are not eligible for income protection insurance according to research from LV=.

Cura Financial Services has launched a 'Game of Gnomes' campaign to get people thinking about their protection insurance needs.

Almost a third (31%) of UK adults have experienced temporary or permanent leave from work due to ill health, a cancer diagnosis or a death within the family, according to a study by Aviva.

Some 87% of protection industry experts surveyed agreed that the 'claim is our core product, not the policy', according to a poll from the Protection Review.

Aviva has secured an exclusive five-year distribution agreement with Countrywide plc to provide its mortgage and rental customers with protection insurance.

Peter Bayliss, Product Director for Synaptic Software, discusses if this is the case and what it means for the industry.