Mistakes are commonly made when using life expectancy figures, as real lifespans are likely to be higher than quoted examples of life expectancy, the Institute and Faculty of Actuaries has pointed out.
A new breed of rehabilitation only group risk products is likely to be born if the results of the Sickness Absence Review are followed through, Legal & General has said.
The private sector will find opportunities opening as the UK moves NHS secondary healthcare services out of hospitals and into community based settings, according to Laing & Buisson.
Half of all group income protection (GIP) claims are for conditions where definitive medical evidence is difficult or even impossible to obtain, Canada Life has said.
Advisers across the health and protection sector have been divided over the unveiling of a new Chartered Insurance Institute (CII) qualification for the market.
People should collect Employment Support allowance (ESA) after a Work Capability Assessment (WCA) the Sickness Absence Review has concluded.
The Government should set up an Independent Assessment Service (IAS) to sign people sick off work, the Sickness Absence review has concluded.
Tax relief should be applied to private medical insurance (PMI) provided by employers for basic tax rate paying staff, the Sickness Absence Review has recommended.
Leaving work due to illness and injury is as damaging as becoming unemployed, and can damage spouses income too, according to new research.
The Financial Ombudsman Service has hinted at higher levies for the industry as a result of another spike in payment protection insurance (PPI) claims.