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Progress reduces family income cover rates

Progress from Royal Liver is reducing the rates for its family income cover product.

The online provider says the new rates are available with immediate effect. 

Progress head of protection products Stephen Edwards says: “We have taken the opportunity to strengthen our overall competitive position as part of an ongoing review. 

“We will continue to look at our competitiveness in the protection market and family IP is an important part of our product menu.”


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By Steve Webb, director of policy The British obsession with homeownership can have dangerous consequences. A recent survey by Barings¹ found that up to three million people of working age were planning to rely wholly on the value of their home to fund their retirement. We are not talking about people investing in buy-to-let or […]


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