Recently launched insurance provider What Insure has unveiled a new mortgage and income protection product.
Gregg Taylor and Neil Harkin, founders of Thinc, recently launched What Insure as a web-based general insurance platform for professional financial services advisers. The mortgage and lifestyle protection product is designed to be arranged when clients negotiate a new mortgage or loan . The product covers income requirements if the client loses their income through accident, sickness or unemployment . It also offers an element of life cover.
Mr Taylor said: "It is comforting to know that we are in good company together with other high profile insurers who all believe that it is time to release a new type of product to help cover what is still a huge challenge in the UK, that is under insurance . It's estimated that there was a £190bn gap in income protection alone in 2009 so there is certainly some way to go in the market."




