Post by PPS Mutual

Doctors, lawyers, engineers and accountants are stepping into structured careers with clear progression pathways and strong income growth ahead, often after significant personal and financial investment in their education. Many professionals, GPs for example, will more than double their income over the course of their early career. Traditionally, underwriting has focused on current income - a snapshot of what someone earns today. But parts of the market are beginning to recognise that some professional careers follow more structured earning trajectories, particularly in the early years post-qualification. For advisers, this creates a more proactive way to structure cover - helping younger professionals align protection more naturally with their future earning potential, rather than constantly reassessing and reapplying as income increases. 'Where we see things fall down is when the cover is set once and left untouched.' - Phil Thompson, CEO, Skye Wealth For advisers, this underinsurance gap for young professionals is more than a behavioural quirk. It is a structural disconnect and a strategic opportunity. Read more about the shifting underwriting landscape 🔗 https://lnkd.in/esKRuHas #ppsmutual #mutuality #profitsharing #ppslifeinsurance #ppstraumainsurance #ppsincomeprotection