Approximately half of all new income protection insurance sales in the United Kingdom had no limited benefit payment term (LPT). In 2021, almost 90,000 new insurance protection policies with no limited payment term were sold, followed by 70,123 policies with a two-year limited benefit payment term.
Number of new individual income protection insurance sales in the United Kingdom from 2017 to 2021, by maximum benefit payment term
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Actuarial Post. (July 1, 2022). Number of new individual income protection insurance sales in the United Kingdom from 2017 to 2021, by maximum benefit payment term [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1343504/new-income-protection-sales-uk-by-term/
Actuarial Post. "Number of new individual income protection insurance sales in the United Kingdom from 2017 to 2021, by maximum benefit payment term." Chart. July 1, 2022. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1343504/new-income-protection-sales-uk-by-term/
Actuarial Post. (2022). Number of new individual income protection insurance sales in the United Kingdom from 2017 to 2021, by maximum benefit payment term. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1343504/new-income-protection-sales-uk-by-term/
Actuarial Post. "Number of New Individual Income Protection Insurance Sales in The United Kingdom from 2017 to 2021, by Maximum Benefit Payment Term." Statista, Statista Inc., 1 Jul 2022, https://www.statista.com/statistics/1343504/new-income-protection-sales-uk-by-term/
Actuarial Post, Number of new individual income protection insurance sales in the United Kingdom from 2017 to 2021, by maximum benefit payment term Statista, https://www.statista.com/statistics/1343504/new-income-protection-sales-uk-by-term/ (last visited December 22, 2024)
Number of new individual income protection insurance sales in the United Kingdom from 2017 to 2021, by maximum benefit payment term [Graph], Actuarial Post, July 1, 2022. [Online]. Available: https://www.statista.com/statistics/1343504/new-income-protection-sales-uk-by-term/
