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Top News In British Friendly Today - Breaking & Trending Today

British Friendly pays 89% of IP claims in 2023

British Friendly paid 89% of new income protection (IP) claims in 2023. The claims, which total just under £5m, were paid to members in income protection, discretionary BF Care claims and fracture cover claims. The five most common reasons for claims in 2023 were musculoskeletal (54.95%), chest/lung/nose/throat ....

United Kingdom , Ben Mason , Maxine Jannetta , British Friendly , Mutual Benefits , Blue Online ,

Emma Thomson: Three protection promises the industry needs to make

I see huge opportunity to build on the success we saw last year with income protection activity. Annual premium income grew for IP, according to Gen Re’s Protection Pulse data, and we saw an increased focus among advisers and insurers, which was encouraging. ....

United Kingdom , Emma Thomson , Dan Murrell , Income Protection Task Force , Protection Pulse , Consumer Duty , Carers United Kingdom , British Friendly ,

IPTF announces six new members and plans for 2024

The Income Protection Task Force (IPTF) has announced six new members for 2024 as part of ambitious plans for the year ahead. The new members include Scottish Widows, Holloway Friendly, British Friendly, One Family, Teledoc, and Square Health. The organisation now has 26 members in addition to working with advisers ....

United Kingdom , Vicky Churcher , Matthew Chapman , Square Health , Income Protection Task Force , Scottish Widows , Holloway Friendly , British Friendly , One Family , Lewis Breach , Income Protection Awareness Week ,

Ian McKenna: Price then quality, or quality then price? Here's how much it matters

Does it matter if you explore price first then quality, or quality then price? Data from two services shows this can make a very significant difference to the range of insurers selected. ....

City Of , United Kingdom , Consumer Duty , Financial Ombudsman , Solution Builder , Protection Guru Pro , Royal London , British Friendly ,

Solving the undersold protection products crisis

Income protection (IP) and family income benefit (FIB) have long been the poor relations of the protection family in terms of sales volumes. ....

City Of , United Kingdom , Protection Distributors Group , Income Protection Task , Income Protection Awareness Week , British Friendly , Royal London , Pulse Report , Consumer Duty ,