The proportion of households which in the event of losing their income from sickness or unemployment would rely on income protection have fallen by a quarter to 9% in two years, according to research.
LV= will donate 77p to Seven Families for every valid Flexible Protection Plan (FPP) income protection application received.
None of the ten biggest providers of critical illness and income protection policies offer products for HIV positive people, a survey for Unusual Risks has found.
The word protection has ‘toxic' connotations due to consumers wrongly associating products with the PPI scandal, according to the chairman of the All Party Parliamentary Group for Insurance and Financial services.
Jo Miller goes through the key findings of this year's major report by The Syndicate into the public's attitudes to the protection industry
Columbus Direct has launched a direct to consumer income protection policy.
The number of people who were off work with long-term sickness fell by 12,000 in the October-December period 2014 compared with a year earlier.
LV= has warned that the highest number of house-buyers in seven years means that many people will be depleting their savings and may be in need of income protection.
A police officer who was paralysed in a motorbike accident at the beginning of a holiday has been announced as the next beneficiary of the Seven Families campaign.
Consumers believe their savings would be more useful to them if they were off work for more than six months than income protection, research has found.