Assured Futures' Ian Sawyer explains how redesigning income protection could unlock it
A year and a half ago I wrote a blog about critical illness (CI) cover and suggested it should be marginalised or even removed as a product. It's fair to say it put the cat amongst the pigeons, if you'll forgive the Bros reference, but I said this because I genuinely believe that CI gets in the way of what most people really need, which is income protection (IP). My views sparked controversy at the time, and although many colleagues agree IP should be the core protection product for most people, I also agree with the recent Financial Services Consumer Panel (FSCP) report, which says w...
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.