Protection
Younger generations key to increasing UK’s chronic lack of IP – Nash
There are encouraging signs that attitudes to income protection (IP) have shifted, with many young people now more open to it than older generations. The protection industry has historically struggled to engage...
Read moreMoneySupermarket launches ChatGPT app enabling protection and health insurance comparisons
MoneySupermarket has launched a ChatGPT app enabling customers to use AI to compare provider offerings across financial services - including health and life insurance. The app, which uses AI to search more...
Read moreAdvisers blame soaring IP complaints on speculative claims, non-disclosure, insurer scrutiny and sales surge
Myriad reasons are to blame for a year-on-year increase in complaints about income protection (IP) products, advisers have told Health & Protection. These include an over scrutiny of claims from providers, long...
Read moreInsurance Premium Tax receipts set for record year
Chancellor Rachel Reeves looks set to collect record Insurance Premium Tax (IPT) receipts for this financial year, latest figures from HM Revenue & Customs show. Consumers collectively paid £7.7bn between April and...
Read moreUK healthy life expectancy plunges to lowest levels on record – ONS
Healthy life expectancy for men and women across the UK has fallen to its lowest level on record, according to data from the Office for National Statistics (ONS). Furthermore those born in...
Read moreHealth & Protection launches special AI in Insurance section
Health & Protection is launching an exclusive AI in Insurance microsite. The site explores this pivotal time for the whole health and protection insurance industry including the regulatory, ethical and practical implications of...
Read moreFCA Protection Market Study will take firm-by-firm approach to ‘outlier behaviour’ – Rathi
The Financial Conduct Authority’s (FCA) Protection Market Study will mirror the regulator’s Premium Finance Study's firm-by-firm Consumer Duty approach rather than implementing any market-wide interventions, according to CEO Nikhil Rathi. Upon release...
Read moreIPTF adds four members and confirms IPAW dates
The Income Protection Task Force (IPTF) has added Swiss Re, Instanda, RGI Solutions and Fineos as members. The additions take membership to 39. The IPTF also revealed its Income Protection Action Week...
Read moreNational Friendly IP sales rise and expands adviser reach
National Friendly has reported strong sales growth in 2025, driven by rising demand for its income protection (IP) range, and continued expansion across intermediary distribution. In the year ending 31 December 2025,...
Read moreScottish Widows adds beneficiary nomination to life insurance
Scottish Widows has introduced beneficiary nomination for new personal single‑own‑life or life‑with‑critical‑illness policies. It is available for advisers who apply directly with Scottish Widows or via the UnderwriteMe portal, it enables customers...
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