Holloway Friendly launches new income protection proposition

“My Sick Pay”

John Brazier
clock • 1 min read

Mutual society Holloway Friendly has launched a new proposition that replaces its existing Purely, Short Term Income Protection and one2protect products.

The My Sick Pay proposition is based on an individual pricing approach, meaning underwriting will take into consideration the unique circumstances of applicants, such as whether they smoke or what their employment is. The mutual stated that the simplification of its income protection proposition was driven by feedback from advisers to offer a product that was easier to understand and advise on. Martin Sincup, head of marketing and proposition at Holloway Friendly, explained that alongside the simplification of its offering, a second driver for the new product was the desire for more "...

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