Income protection

Record protection payouts for Royal London in 2020

Mutual insurer Royal London paid 99.6% of all protection claims last year, totalling a...

Covid responsible for 32% of the Exeter’s IP claims

The Exeter paid over £10.1m in income protection (IP) during 2020, equating to 91% of...

The Exeter adds features to HealthWise app

The Exeter has made improvements to its member benefits app, HealthWise, which provides benefits...

When it comes to debt, income protection can make all the difference

This week marks Debt Awareness Week, an initiative run by debt charity StepChange to...

25-44 year olds considering income protection since Covid

8.3m (48%) of 25-44 year olds without income protection have become interested in taking...

Widespread lack of mortgage protection highlighted

26% of existing or aspiring homeowners have missed a mortgage payment because of accident or...

LV= reveals Covid-19 payouts

LV= has revealed that life insurance, critical illness and income protection claims caused by...

LV= paid out £6.5m in Covid claims last year

LV= paid record individual protection claims totalling nearly £118 million during 2020. The insurer...

MetLife unveils simplified income protection for mortgages

MetLife has introduced MortgageSafe, a new simplified income protection policy. The policy provides a...

LV= raises protection non-medical limits

LV= has made a number of changes to non-medical underwriting limits for Flexible Protection...

L&G unveils digital-first group protection proposition

Legal & General Insurance has partnered with Salary Finance to launch Protect; a mobile-first,...

Connect expands protection panel

Connect for Intermediaries has added Umbrella Protect to its protection panel. Umbrella Protect will provide...

Cirencester Friendly digitises adviser registration

Cirencester Friendly has adopted iPipeline's AlphaTrust e-sign and document process automation solution. The Friendly Society’s previous...

LV= extends Covid payment break options

LV= is extending its payment break option for customers unable to pay premiums because...

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COMMENT

Lenders must step up on high LTV products

Things are on the up for borrowers with a smaller deposit. The financial information website Moneyfacts publishes a regular update on mortgage product numbers,...

Why it matters that bridging hit more than £10bn last year

We see many numbers bandied around in the financial industry, which can sometimes have a numbing effect. So why should we all, especially brokers, care...

Top five reasons why renters should consider short-term protection insurance

In an unpredictable world, financial security can often feel like a luxury, especially for renters who may already juggle living expenses, rent payments, and...

Credit search vs credit scoring

The terms credit score and credit check are often used interchangeably by consumers, many of whom assume they mean the same thing. Yet understanding...

It’s not just about work/life balance

Firstly, it was good to get feedback on last month’s blog on technology from several people, and to see a spin-off follow-up blog from...

Latest news

Square 1 Media announces May Mortgage Market Debate

Square 1 Media is to hold its next Mortgage Market Debate on Wednesday, 21 May,...

Coventry BS maintains status as one of the best workplaces

Coventry Building Society has been named one of Great Place to Work's UK’s Best...

Atom bank breaks Near Prime record

Atom bank has reported another record-breaking month for Near Prime activity. Over the course of...

Berkeley Alexander appoints new BDM

General insurance provider Berkeley Alexander has announced the appointment of Grant Robinson as a...