Income protection claims move 'will boost IP take-up'

Last week, Friends Life became the final major provider to disclose its pay-out rates for 2012, following in the footsteps of Aegon, Scottish Provident/Bright Grey and Zurich.  The IPTF has campaigned for insurers to disclose claims rates and has made willingness to disclose the figures a condition of membership of the organisation.  Roy Mcloughlin, a member of the IPTF executive, said: "The IPTF is delighted to see all the main insurers in the market disclosing their statistics. "This matters because there is a lot of uncertainty about claims being paid especially following the PP...