Back to Basics: Building a successful early intervention framework within income protection

"Insurers are increasingly playing a key role in supporting IP customers back to health and work"

clock • 6 min read

Monica Garcia reviews the support services available to income protection (IP) consumers and how these can be built into a successful and effective early intervention (EI) strategy for advisers.

With all the recent news about the cost of sickness absence to the UK economy - estimated at £150 billion a year and increasing 60%in the past six years (1), it is relevant to highlight the key role insurers are playing in society. They help IP customers to get back on their feet and work, when NHS resources are so stretched and bespoke return-to work support is rarely available, through traditional treatment pathways that focus on symptom management only. EI is an approach adopted from healthcare settings involving acting early, as soon as the onset of a health condition occurs, whic...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Income Protection

Interactive video: Addressing client income protection concerns

Interactive video: Addressing client income protection concerns

How do you engage with clients to help them understand the value of income protection?

Scottish Widows
clock 14 March 2025 • 1 min read
IPTF names 7Advisers cohort for 2025

IPTF names 7Advisers cohort for 2025

Third round of campaign

Jaskeet Briah
clock 13 March 2025 • 1 min read
Interactive video: How does income protection fit in with your clients' retirement journey?

Interactive video: How does income protection fit in with your clients' retirement journey?

Advisors play a key role in raising the need for income protection with their clients to ensure their financial security.

Scottish Widows
clock 13 March 2025 • 1 min read