All Protection Stories

IRESS enhances Whole of Life offering

IRESS enhances Whole of Life offering

IRESS has updated its Whole of Life service on The Exchange, its online comparison quote and transaction portal.

24 May 2017

Paymentshield appoints new account managers for North & South

Paymentshield appoints new account managers for North & South

Paymentshield has announced changes to its national account management teams, with sales appointments in the North and the South.

23 May 2017

Aegon joins IRESS’ Exchange protection underwriting service

Aegon joins IRESS’ Exchange protection underwriting service

IRESS has today announced that Aegon is the latest provider to offer partially underwritten quotes through The Exchange, IRESS’ online comparison quote and transaction portal.

22 May 2017

Mortgage debt exceeds average life insurance pay out

Mortgage debt exceeds average life insurance pay out

People are likely to be under protected for the amount of mortgage debt they have, according to Aegon's protection claims statistics.

16 May 2017

First Complete and Pink launch buy-to-let insurance system

First Complete and Pink launch buy-to-let insurance system

First Complete and Pink have launched a new buy-to-let insurance system designed to help advisers offer clients a simplified way to ensure their property investments are protected.

16 May 2017

Canada Life launches products through IRESS portal

Canada Life launches products through IRESS portal

IRESS has announced that two new protection products from Canada Life will be made available to intermediaries through its online comparison quote and transaction portal, The Exchange.

15 May 2017

Source replaces ASU offering with Lifestyle Insurance product

Source replaces ASU offering with Lifestyle Insurance product

Source Insurance has launched a brand new Lifestyle Insurance product featuring enhanced cover options, widened acceptance and simplified quote journey.

09 May 2017

Protection insurers paid record £4.7bn in 2016

Protection insurers paid record £4.7bn in 2016

Around £13m a day was paid out to support people who have protection insurance products such as life insurance, critical illness or income protection, according to ABI figures.

08 May 2017

L&G campaign tackles stigma of mental health in the workplace

L&G campaign tackles stigma of mental health in the workplace

Legal & General has launched a new campaign, coinciding with Mental Health Awareness Week, which aims to reduce the stigma of mental health in the workplace.

08 May 2017

Royal London revamps IP cover with new maximum age of 70

Royal London revamps IP cover with new maximum age of 70

Royal London has introduced changes to its Income Protection and Key Person Income Protection covers.

04 May 2017

 

Consumers expect under half of IP claims to be paid out

Consumers expect under half of IP claims to be paid out

UK adults estimate that just 47% of individual protection claims are ever paid out, according to Aviva research, despite it paying out 96.7% of all individual protection claims in 2016.

03 May 2017

MAB adds Uinsure to GI panel

MAB adds Uinsure to GI panel

Mortgage Advice Bureau has added Uinsure to its General Insurance panel as part of its growth plans in the GI market.

02 May 2017

Friendly Societies still going strong

Friendly Societies still going strong

When choosing an income protection product, customers have significant choice. Not only as to the type of contract but also whether the provider is a ‘mutual’ or a ‘proprietary’ provider.

27 Apr 2017

Mortgage advisers losing up to £75m in GI commission

Mortgage advisers losing up to £75m in GI commission

Mortgage advisers are missing out on millions of pounds worth of potential commission, simply by failing to provide a home insurance quote with every mortgage or remortgage, according to research by Paymentshield.

27 Apr 2017

Royal London launches Diabetes Life Cover

Royal London launches Diabetes Life Cover

Royal London has announced the launch of a new life cover designed specifically for diabetics, which it says a first in the UK protection market.

26 Apr 2017

National Friendly strengthens PMI intermediary proposition

National Friendly strengthens PMI intermediary proposition

National Friendly has appointed Wayne Carter as its Head of Sales and Marketing to help grow its Private Medical Insurance intermediary network.

21 Apr 2017

LV= pays record £77m in protection claims

LV= pays record £77m in protection claims

LV= paid out almost £77 million in new individual protection claims in 2016 - more than it has paid in any other year.

21 Apr 2017

The ‘proper’ approach to protection

The ‘proper’ approach to protection

Protection insurance is rarely just bought; it’s sold. Brokers and lenders have a vital role in ensuring borrowers understand the obligations they’re taking on, and the real risks to their ability to meet them. Unfortunately, the evidence suggests we’re falling short.

20 Apr 2017

L&G pays out £606m for protection claims in 2016

L&G pays out £606m for protection claims in 2016

Legal & General has today released data showing the amount paid out on its individual protection products in 2016.

19 Apr 2017

FSCS: life and pension advisers face "risk of supplementary levy"

FSCS: life and pension advisers face "risk of supplementary levy"

The FSCS will raise an initial levy of £100m for life and pensions advisers in 2017/18, but could raise a supplementary levy due to the volatility of SIPP-related claims.

12 Apr 2017

L&G enhances intermediary protection system

L&G enhances intermediary protection system

Legal & General has announced new upgrades to its protection case management system, Online Protection Connect.

10 Apr 2017

LifeQuote launches new case tracking system

LifeQuote launches new case tracking system

LifeQuote has launched a new case tracking system with real time updates on all cases.

05 Apr 2017

True Potential enters protection market

True Potential enters protection market

Technology and advice firm True Potential has launched a range of protection products available on its own platform, which it says provides advisers with the first end-to-end service of its type.

04 Apr 2017

Royal London sees 28% rise in new life and pensions business

Royal London sees 28% rise in new life and pensions business

Royal London has reported a 28% rise in new life and pensions business to £8,686m, strengthened by strong intermediary sales.

30 Mar 2017

Tenet urges advisers to consider bereavement needs of clients

Tenet urges advisers to consider bereavement needs of clients

Tenet has prompted its advisers to consider the changing face of bereavement allowance and why financial intervention is so important.

24 Mar 2017

Protection sales up 14% during 2016

Protection sales up 14% during 2016

According to the latest analysis from Equifax Touchstone, the protection market saw sales rise to £521m during 2016 - a rise of 13.9% from the 2015 total of £457.3m.

22 Mar 2017

VitalityLife announces enhancements to its Serious Illness Cover

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VitalityLife announces enhancements to its Serious Illness Cover

VitalityLife today announced three new and innovative enhancements to its Serious Illness Cover product that the firm believes will lead to more claims and, therefore, more pay outs for customers.

22 Mar 2017

The Exeter pays 94% of IP claims in 2016

The Exeter pays 94% of IP claims in 2016

Income protection insurer, The Exeter, has released its income protection claims statistics for 2016. The headline statistics shows that 94% of all claims received were paid during the year.

22 Mar 2017

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