LV= launches 12-month option to Budget Income Protection

Protection firm LV= has added a 12-month claim period option to its existing Budget Income Protection product.

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Protection claim payouts soar to £98m at LV=

New figures have revealed that protection specialist LV= paid record individual protection claims totalling £97.9m during 2018 – up £10m up from 2017.

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Most want monthly income from protection policies

A recent survey found that 58% of people would prefer insurance that pays a monthly income rather than a lump sum.

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Zurich reports jump in protection claim payments

Zurich has revealed a significant increase in claims paid to protection customers in 2017.

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