Protection

Each month, we ask our industry to answer one big question!

One nil down, two-one up. While the whereabouts of the special one's pooch was the highlight of the footballing weekend, I for one found a myriad of additional things to occupy my time during this season's so called ‘show-piece'.

These days when we buy a product, unless it is a fast moving consumer good like a Mars Bar or a bottle of shampoo, we are often buying an experience as well as something that provides a practical benefit.

Liverpool Victoria (LV=) has removed the last standard exclusion on its income protection range and increased the maximum benefits available to £150,000.

Advisers are considering the cost of protection products ahead of its pay-out and service levels, research suggests.

Norwich Union has reviewed prices across its Mortgage Life Insurance (MLI) and Term Assurance range to help holders of longer term mortgages.

Webline, part of the Capita Group, has added Standard Life and Scottish Provident to its income protection panel.

The growing number of lone parent families could be driving an increase in the number of women applying for life cover says Click.

The biggest barrier to protection sales is a poor reputation, according to Nick Kirwan, chair of the ABI Protection Committee.

Pioneer Friendly Society, the income protection provider, has announced an increase in claims payments for 2006. During the year, 96.89% of Pioneer policyholders who made a claim were paid compared to 96.57% in 2005.