News

The vast majority of consumers are only prepared to pay less than £5 per week for income protection (IP) with almost a third not willing to pay anything, new research has revealed.

Less than a fifth of Britons felt they would need help when purchasing life insurance but almost half said it was definitely necessary for a mortgage, according to new research.

Consumers want simple financial products to provide a standard limited level of coverage allowing easy understanding and comparison, new research has found.

LifeSearch is encouraging protection advisers to increase sales of family income benefit (FIB) products.

Poor workforce health accounts for more than a quarter reduction in productivity while presenteeism costs businesses three times more than sickness absence, Legal & General has found.

Deputy governor for Monetary Policy at the Bank of England Charlie Bean has said lower inflation next year should both support the mortgage market and consumer spending.

The international private medical insurance (IPMI) market could be subject of a series of mergers and acquisitions between providers, according to one insurer in the sector.

Swiss Re has reported a 118% increase in net income in the third quarter.

Aviva has seen a slight uplift in its protection sales over the third quarter as it continues its attempt to dominate the market.

Britons are leaving mortgages worth £245bn unprotected, according to new research.