Income Protection
ActiveQuote launches income protection comparison service
ActiveQuote is celebrating the launch of its new look website on which customers can compare both health insurance and income protection quotes online.
Majority of families left unprotected and at risk of financial hardship
New research from Scottish Widows shows that nearly three quarters (74 percent) of people are putting their families' financial security at risk, by failing to protect their future through life insurance, critical illness or income protection.
Aviva customers received over £29.5M in income protection last year
Aviva's income protection cover provided payments totalling more than £29.5m in 2011, helping around 2,600 customers who were unable to work for long periods of time due to illness or accidental injury.
How long would your ‘Financial Safety Net' last?
Over 20 million Britons would be unable to maintain their current lifestyle after September 2012 if they had to live off any ‘emergency' funds, according to Bright Grey's Financial Safety Net report.
Nationwide introduces Lifestyle Protector
Nationwide Building Society has introduced Lifestyle Protector, an innovative and flexible short term income protection policy.
New insurance policy covers lost maintenance for divorcees
A growing number of divorcees who are totally reliant on maintenance payments from former partners are dealing with the constant worry of payments stopping because of redundancy, illness - or the person simply deciding not to pay.
UK households leave themselves vulnerable to financial hardship
An estimated 8.5 million UK households could not cope financially if the household's main income was lost, with just a quarter (26%) of the 26 million households in the UK stating they would be financially secure in the long term, according to research by Scottish Widows.
Brits spending £10,339 a year supporting others
British adults spend on average £10,339 a year financially supporting their dependents, according to Scottish Provident's Financial Safety Net Report.
UK families under prepared for the worst case scenario
News statistics show that more families have cover in place for their property and possessions than they do to protect themselves and their families, with financial protection cover.
Women fail to financially protect themselves
Women are leaving themselves seriously under-insured financially according to a report from protection specialist, Bright Grey.
Legal & General introduce faster application process
Legal & General have announced major improvements to their online quote and apply.
LV= announces enhancements to protection offering
Protection specialist LV= has announced enhancements to both its income protection and critical illness cover.
Yorkshire reduce Mortgage Protection Insurance rates
Yorkshire Building Society has announced that it will be reducing its Mortgage Protection Insurance rates (MPI) in a bid to help customers cope with rising living costs.
LV= reports rise in critical illness and income protection payouts
Protection specialist LV= has published its 2010 protection claims record, which shows an increase in claims paid on both critical illness and income protection policies. 93.5% of all critical illness claims, and 92% of income protection claims were paid in 2010, both up from 90% of claims paid in 2009.
Unemployment figures highlights need for protection
John Pollock, Group Board Director for Legal & General's Risk business comments on the rise in unemployment figures released by the Office for National Statistics (ONS).