Income Protection
Brits have no safety net in place
Thirty million Brits (62%) have not protected themselves for the long term should the worst happen and they lose their household's main income and only a quarter (25%) believe they would be completely protected in this situation, according to research from Scottish Widows.
LV= extends offer on unemployment cover
LV= has again extended its offer to remove the initial 60 day unemployment claim exclusion for customers who replace their existing unemployment cover with LV='s innovative Mortgage & Lifestyle Protection cover.
Bright Grey improves income protection offering
Bright Grey, a protection specialist within the Royal London Group, has improved its income protection offering by improving cover limits and including the services of HCML, the UK's leading rehabilitation case management company.
IFAs switch to friendly societies for income protection business
Members of the Association of Friendly Societies who offer income protection products have published new business figures for 2008.
Unique new way of buying financial protection products online
The launch of innovative new website GetLifeRight.co.uk offers consumers the first chance ever to buy protection products with advice and receive instant cover in a quick and simple process that takes less than two minutes to complete.
LV= extends free Critical Illness for new Income Protection customers
Protection specialist LV= has extended its free critical illness (CI) cover offer to the end of 2009. All new customers taking out an income protection (IP) policy under the LV= Flexible Protection Plan by 31 December 2009 will receive free lump sum CI cover equivalent to three times their monthly income protection benefit.
AEGON pays 93% of income protection claims in 2008
AEGON Scottish Equitable is today publishing its income protection claims stats, following last weeks announcement that it paid out on 91% of critical illness claims in 2008.
Shop around for protection products, says Defaqto
Today's shocking unemployment figures show the continuing need for protection, says Defaqto.
moneysupermarket.com: Unemployment statistics
Commenting on unemployment statistics released today, Clare Francis, site editor at moneysupermarket.com, said: "Breaking through the two million barrier, today's unemployment stats will no doubt heighten fears among the British working population.
Bupa Individual Protection reports surge in new business
Bupa Individual Protection saw a 38 percent increase in new business annual premiums during 2008, building on the 25 percent growth achieved the year before.
Protect your income during the credit crunch
With UK unemployment at the highest level since 19971, consumers are more worried than ever about the risk of redundancy.
LV= gives free critical illness cover to new Income Protection customers
Protection specialist LV= is offering free critical illness (CI) cover to anyone taking out an income protection (IP) policy under the LV= Flexible Protection Plan within the next three months. New customers will receive a free lump sum CI benefit equivalent to three times their monthly IP benefit.
PPI unemployment claims soar by 118%
New data from the ABI shows that unemployment claims on Payment Protection Insurance (PPI) rose to 19,105 in November 2008, up from 8,772 in November 2007 - an increase of 118%.
moneysupermarket.com: Unemployment figures
Commenting on unemployment statistics released today, Emma Walker, head of protection at moneysupermarket.com, said: "These figures are just the tip of the iceberg; they reveal unemployment levels hit almost two million (1.92 million) by the end of November last year, yet Brits have been bombarded with news of jobs cuts and redundancies on a daily basis since then.
LV= Mortgage & Lifestyle Protection special offer
Special offer for all customers who switch their existing unemployment cover to LV='s Mortgage & Lifestyle Protection product before 31st March 2009.