The number of short-term income protection (STIP) policies has increased by 120% since 2009, 'outstripping' long-term income protection (IP) sales, research has found.
In ‘an increasing trend towards severity-based critical illness cover' nearly 60% of critical illness policies now offer severity-based cover.
Healthier Solutions, Aviva's individual private medical insurance has achieved a 5 Star Defaqto rating for its comprehensive level of cover.
Ben Heffer, insight analyst of life and protection at Defaqto, explains how the market is more than just a one-dimensional growth story
Income replacement is the most important protection product available, Defaqto has said in light of today's Office for National Statistics unemployment data.
While many in the industry are predicting the end of whole of life, others are questioning how, post-RDR, it can be used to build more holistic cover, Nicola Culley reports.
My client is 35, single and earns a significant wage. He has no protection at all. He rents an expensive property in south west London and has no living relatives. I am trying to advise him on why he needs protection. What types could be best for him...
Defaqto has launched its Star Ratings for 2013 for consumers to compare financial products, including life insurance and protection.
The protection industry has said it is concerned that short term income protection is simply a new style of accident, sickness and unemployment cover, according to a poll.
Defaqto has urged advisers to protect "vulnerable" clients who are renting as the National Landlords Association (NLA) reports rising rental arrears.