Individual Protection

Health and protection insurer The Exeter paid over £10.1m, equating to 91% of all claims submitted during 2020. The Exeter's data reveals Covid-19 was the single most claimed for condition in 2020,...

Legal & General has paid out a record 43 personal protection claims every day in the UK during 2020, making payouts to 15,855 customers and their families. Pay outs totalled £763.9m –...

Schroders Personal Wealth (SPW) has announced a new proposition aimed at tackling the protection gap across the UK. To help close the £2.4trn protection shortfall in the UK identified in the Swiss...

Protection industry stalwart Johnny Timpson has begun a three-year term as a member of the independent Financial Services Consumer Panel. Timpson has worked in the insurance and banking sectors for more than...

A third of business owners admit their organisations would fail if a key person died or had a severe terminal illness but still aren’t insuring against the possibility, according to new data from...

The Exeter has added access to consultations with registered dietitians and qualified nutritionists through its HealthWise member benefits app for income protection (IP) and private medical insurance (PMI) policyholders. The health and...

Aegon UK has paid out pays nearly £140m in individual protection claims in 2020, as critical illness claims fell 14 per cent while life claims rose 17 per cent. But the insurer says...

Zurich saw a 23 per cent increase in the value of life, critical illness and income protection payouts made in 2020, compared to the previous year, with life claims up by 27...

Scottish Widows has added a new virtual GP service to its Protect product.  The service, which is offered through Square Health, is available via an app and offers customers access to virtual...

More than 8m 22-44 year-olds are considering income protection and 7 per cent of this age group have acquired a protection product in the last three months, according to research from protection...