In her second of two articles, Ruth Gilbert argues a combined industry effort would improve pay-out times for life cover claimants
From £647m in 2016 to £807m in 2017
Recent Defaqto figures show a 13% fall in IP plans available on the market, but does this mean the cover available is decreasing in quality?
The firm processed £40bn in life cover, £10bn in critical illness cover and £3bn in income protection last year
COVER Magazine sits down for a flat white with the Styliff boys, the tech start-up winners of last year's Big Ideas Competition.
Benefits also include family carer, recuperation and trauma support as well as death benefit and terminal illness payment.
Hinged on promises to modernise and simplify protection, the new insurer will focus on life, critical illness cover and income protection under the 200-year-old Guardian trading title.
Cinema and retail discounts as well as news, helpline and wellbeing resources on offer to customers.
The health and life insurer dished out £63m worth of additional value to its customers for 2017, figures show.
Over a quarter of consumers say they are open to the idea of having a single insurance policy to cover all their requirements, a report from Majesco has found.