The news follows Trussle’s recent appointment of Jon Nixon as head of protection and ancillaries, as the company moves to make protection a core offering of its service.
Nearly a third (29%) of homeowners said that their mortgage provider seemed the “easiest option” at the time.
An estimated 8.3 million uninsured adults are now considering income protection, according to LV=.
Life insurance, critical illness and income protection claims caused by coronavirus have totalled £12.1m since the start of the pandemic, according to LV=.
Watch the latest ‘head-to-head’ debate with Robert Sinclair, chief executive at the Association of Mortgage Intermediaries, and Richard Kateley, head of intermediary development at L&G.
Cirencester Friendly has revealed it paid 94% of claims in 2020, maintaining its 10-year average.
Sesame Bankhall Group has appointed Emma Thomson to the newly created role of head of protection and general insurance propositions.
LV= paid 95% of all individual protection claims including life, critical illness and income protection in 2020.
Arkel has expanded the distribution reach of its ‘adapt’ insurance product through a partnership with SSP.
Figures were up 31% compared to the same period last year.