Protection
Aviva helps convict £20k income protection fraudster
Checks made by Aviva staff helped convict an income protection (IP) insurance fraudster after he claimed more than £20,000 of lost income from a job he did not have. Sydenham man Neil...
Read moreLSL sees protection fee income fall and hits £59m loss
LSL saw a 3% decline in protection and insurance fee income in 2022, swung to a near £60m pre-tax loss over the year and noted its Pivotal Growth joint venture had not...
Read moreCanada Life adds Toothfairy dental app to group protection offerings
Canada Life is offering the Toothfairy a dental care app to all group protection customers. The app has been created by two dentists and uses patent-pending technology to solve a number of...
Read moreRecord group risk growth threatened by GIP double taxation, Wheatcroft warns
The UK group risk market posted record premiums over the past year as scheme and member numbers increased, but future growth is being threatened by double taxation of group income protection (GIP),...
Read moreAFM members pay out £52m in income protection claims
Members of the Association of Financial Mutuals (AFM) that offer income protection products paid out £52m in claims over the year, to more than 9,000 customers. The figure was up from £34m...
Read moreDeadHappy cost of living crisis life insurance ad complaint rejected
The Advertising Standards Authority (ASA) has ruled in favour of DeadHappy after a complainant alleged a TV ad trivialised the cost of living crisis. The regulator acknowledged some viewers would question the...
Read moreFifth of over-50s plan holders mull cancelling due to cost of living crisis
More than one in five (22%) people with an over-50s life plan are thinking about cancelling their cover due to the cost of living crisis, according to research from Scottish Friendly. The...
Read moreLegal & General extends Medigo services to GIP customers
Legal & General Group Protection has added second medical opinion, medical concierge and nurse support services from global health company Medigo to its group income protection (GIP) products. The services are available...
Read morePDG raises £17k from sponsors to increase activity and strengthen governance
The Protection Distributors Group (PDG) has secured £17,000 in financial sponsorship support from a range of key businesses associated with the protection industry. The sponsors including CIExpert, IPipeline, Iress, NMG Consulting, Protection...
Read moreTavistock buys Precise Protect for £7m
Tavistock has acquired the entire issued and to be issued share capital of Bangor, Northern Ireland-based health and protection adviser firm Precise Protect. Precise Protect has a network of over 200 advisers...
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