Protection specialist and former Associate Director of the ABI, Nick Kirwan has joined the executive team of the Income Protection Task Force.
Carol Sergeant has suggested the proposed income replacement product will not be included in the first phase of the proposed simple products, the Income Protection Task Force (IPTF) has stated following a meeting with the review's chair.
Income protection needs to strip out the state benefits element if the product is to move upwards, a consultancy firm has stated.
The Income Protection Task Force has planned to launch a consumer charter as part of a three-point plan for income protection.
The Income Protection Task Force has championed the recognition of the need for simple income replacement products in the recent steering group report on simple products.
PruProtect will be offering 30% free life cover free for new Serious Illness Cover plan policyholders and has re-priced its income protection product.
The Income Protection Task Force has completed a draft Charter setting out the obligations and opportunities of companies selling Income Protection.
A charter for income protection (IP) setting out the obligations and opportunities of companies selling Income Protection was one of the key things considered a recent IP Summit in London.
COVER has launched a campaign, initially in partnership with the Protection Review, to reform the practice of writing list-based occupational definitions (Activities of Daily Living and Working - ADL and ADW) for income protection.
The Protection Review and Income Protection Task Force (IPTF) have produced a list of the top ten things consumers should be aware of when purchasing income protection (IP).