Income Protection

Ten of the leading intermediary firms in the UK are joining forces to improve the protection market for consumers.

Almost 5 million renters in the UK have no plans in place to cover their rent if they became too ill to earn for three months or more, even though recent cuts to housing benefits could leave them at risk.

The Exeter has launched a new health and wellbeing service in partnership with leading workplace benefits provider, Health Assured.

LV='s Justin Harper highlights that it is currently Mental Health Awareness Week and discusses the value of income protection for mental health claimants.

British Friendly has launched its new brand today to represent the innovation and modernisation it has undergone as a business over recent months.

Cirencester Friendly experienced total income growth of 5.2% from £16.7m in 2014 to £17.6m in 2015, its 126th Annual Report and Accounts have shown.

Income protection sales increased by 10.7% during 2015 according to Swiss Re's Term and Health Watch 2016.

Protection adviser Drewberry Insurance has launched a new risk tool for consumers to help them understand how exposed they and their families are to financial troubles caused by losing an income through ill health.

Royal London's UK protection businesses paid 98% of all claims received and made payments totalling more than £250m in 2015.

A record £3.6bn was paid last year in individual protection insurance claims, the equivalent of £10m a day, according to research from the Association of British Insurers (ABI)