East Sussex-based Berkeley Alexander has launched a new income protection product.
Income Safetynet is a stand-alone product, not tied to a mortgage or other loans.
It is underwritten at Lloyd's and is available to both employed and unemployed people between the ages of 18 and 61.
Features include:
Managing partner Ted York said: "With changing work patterns there is no such thing as a job for life. State provision is minimal and in most cases non-existent. Therefore unemployment protection ought to be an essential purchase for most people once they have insured their lives and health. It will allow agents to earn valuable non-FSA commissions."
Every day 500 people in the UK are made redundant. Of these, 60% of unemployed men and 45% of unemployed women will be unemployed for six months or more.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
