Protection watch...with Kevin Carr (Apr 2013)

1 Move on up It might be surprising, but sales of protection products fared well in 2012 according to data from the ABI. Non-mortgage term assurance sales rose significantly compared to the previous year, while income protection sales increased by 20%. CI and whole-of-life sales were also up. The only core protection product not to see an increase was standalone CI, which is mostly ignored in favour of cover which includes life cover, which is typically better value for money. Verdict: Promising lead 2 Simple Simon says life’s ok Last month, HM Treasury announced final recommen...