How to turn 100,000 IP sales into one million

In three simple steps

clock • 4 min read

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.

Join now

 

Already a Cover member?

Login

More on Income Protection

Accident and illness absences impact 27% of adults

Accident and illness absences impact 27% of adults

Adults taking a month or more off work

Cameron Roberts
clock 21 November 2024 • 1 min read
Partner Insight: The everyday risks clients face

Partner Insight: The everyday risks clients face

New report sheds light on the common risks than can disrupt financial stability

MetLife
clock 20 November 2024 • 4 min read
Iress adds Scottish Widows' new IP to platform

Iress adds Scottish Widows' new IP to platform

Technology provider, Iress, has added Scottish Widows’ new income protection (IP) product to The Exchange - its quote and apply platform for intermediaries.

Jaskeet Briah
clock 06 November 2024 • 1 min read