What is income protection insurance? Income protection insurance is a policy that pays out if you're unable to work because of injury or illness. It pays out regularly to replace a portion of your ...
An uncertain employment market and insufficient policy cover could spur a rise in fraudulent income protection claims. Aamina Zafar reports They say education is when you read the small print, but ...
The Protection Distributors Group (PDG) has released its guide on income protection claims for mental health and stress. It was produced following reports from financial advisers about claims being ...
Insurance companies and brokers should not simply focus on using AI at point of claim, but have a human working with AI throughout the process. This is the view of Mike Saltzman, chief executive of ...
List the common causes of income protection claims. Describe how income protection is evolving beyond the core insurance product. Identify the role of critical illness cover and how to look beyond the ...
Shepherds Friendly paid out 96% of all income protection claims last year, a slight increase on its five-year average of 95%. The total amount the firm paid out in income protection claims was £3.23m.
AS millions have been unable to work due to coronavirus we take a look at what income protection is and whether it will protect you. Income protection insurance is a policy designed to help pay out if ...
More than one in four income protection claims were triggered by mental health conditions in 2020 amid the coronavirus pandemic, a study has found. The proportion of such claims triggered by mental ...
The proportion of income protection claims triggered by mental health issues doubled in 2020 amid the coronavirus pandemic, according to an insurer. More than one in four (27%) such claims were ...
Income protection insurance is designed to pay you a monthly amount if you are unable to work due to illness or injury. Many of us will insure a mobile phone, home contents or overseas holiday with ...
The question of whether or not you need income protection insurance isn't likely to come up often, partly because we don't like to think about something going wrong, but also because it's all just a ...