We are delighted to have collaborated with the industry and the Income Protection Task Force (IPTF) in delivering the Income Protection Awareness Week #IPAW2023
In light of the increasing cost of living, which has a significant impact on people's disposable income, it is now crucial for advisers to be able to offer genuine guidance to support the ever greater need of Income Protection products at this time.
With a significant number of workers potentially facing the possibility of extended sick leave, it becomes increasingly important to emphasise the benefits of Income Protection to mortgage holders as well as renters, who may be particularly vulnerable in the event of unforeseen circumstances.
It has been estimated that about 40% of Britons would struggle to make ends meet after three months in the event of an income loss due to accident, sickness or other eventualities. These numbers underscore the importance of Income Protection.
At Iress, we are committed to ensuring that our technology empowers advisers in demonstrating the genuine value of Income Protection products. Our enhancements and features are designed to simplify the process, making it easier for advisers to research, source, and apply for Income Protection, ultimately delivering a service that truly benefits their clients.
In our accompanying video, our team of experts sheds light on how The Exchange can assist advisers in simplifying complexities, overcoming obstacles, and providing real product and price certainty when sourcing Income Protection products.
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Iress is a technology company providing software to the financial services industry.
Our software is used by more than 9,000 businesses and 500,000 users globally.