Income Protection

Myles Rix, managing director of protection at LV=, gives his views on how the industry can make IP more attractive in the eyes of the consumer.

Company sick pay is not available to 34% of working Britons, amounting to 11m people, research by LV= has revealed.

My Earnings Insurance, the pure income protection product provided by Cirencester Friendly Society, has been added to mortgage network First Complete's panel.

The gap between people's needs if they became critically ill or disabled and what they would have is €750bn across 13 European & Middle Eastern countries, a report from Swiss Re has found.

Friends Life has placed its Fracture Cover addition for its life, critical illness and income protection products on LifeQuote's portal.

Cirencester Friendly has appointed Mark Sedgley and Ian Maude as non-executive directors.

Royal London has revealed that it paid out on 90% of Income Protection (IP) claims in 2014, with a total payout of over £3.2m.

LifeQuote has introduced a suite of short term income protection (STIP) policies to support their existing income protection (IP) panels.

Income Protection (IP) specialist PG Mutual saw a 4.7% increase in its balance sheet, bringing it to a record £37m.

The vast scale of self-employed people who believe less income protection claims are paid out than actually are has been found by research from British Friendly.