Lloyds bank has announced it will no longer offer stand-alone protection advice across its Halifax, Lloyds Bank and Bank of Scotland branches after observing "significantly reduced" customer demand.
An award-winning campaign designed to demonstrate the real-life benefits of income protection has gone live.
Kevin Carr gives his verdict on five key developments in protection in the last month...
This is the best collective effort in protection I've seen
Figures showing insurance companies declined fewer than 3,500 of more than 102,000 protection claims last year "shatter the illusion" that providers don't pay, according to stakeholders.
The challenge for protection insurers in today's market is to adapt their approach so products are "bought, not sold", a report by Swiss Re concludes.
Aviva is to underwrite all individual income protection (IP) policies on an own occupation basis, including part-time occupations.
Bright Grey and Scottish Provident are to launch a series of enhancements to their protection products by end of October.