Life Insurance

Tesco Life Insurance is giving the equivalent of three months’ free cover to new customers who request a quote between Wednesday 20 June and Tuesday 14 August 2007, and then subsequently go on to buy the policy.

With England's smoking ban coming into force on July 1, those thinking of packing it in could typically save £2,000 to £3,000 on their life insurance.

Sainsbury’s Bank has launched a new Life Insurance Index to track market premiums on a six-monthly basis. The findings reveal that for the typical customer profiles reviewed, premiums have generally fallen and that the cost of cover varies dramatically between providers, making it all the more important to shop around for life insurance. The bank hopes that its new index will encourage people to do this.

Life cover is frequently a very solemn business and the issues dealt with are always emotive. However, occasionally some deaths defy all logic and basic common sense to such a degree that it may seem very unlikely that a life office would pay out.

Scottish Widows paid out a total of over £120 million for 3,703 critical illness claims, between January 2000 and October 2006.

LifeSearch names the Top Ten rare and unique policy benefits that most consumers don’t know exist.

In association with Sterling Life the Ministry of Defence has launched a new life insurance scheme exclusively for the armed forces.

Bright Grey is extending its groundbreaking Helping Hand service to cover clients’ families too.

MSN, UK portal, and online IFA Moneyextra today launch a brand new financial service, which will give MSN users full access to life insurance policies from across the whole market.

The percentage of younger people who are buying life insurance fell by 5% during the last 12 months.

Men aged between 35 and 42 are the most typical applicants for life insurance policies, according to a new study of life insurance enquiries by insurance comparison website, Insurancewide.com.

The nation is facing a huge life insurance protection gap of £2.3 trillion, which, according to Sainsbury’s Bank, if spread across those aged 18 – 64, for example, would equal on average over £59,000 each.

Sainsbury’s Bank has announced that it is offering a 50% discount on life insurance premiums for the first three months, provided the policy is purchased before 23rd April 2007. This discount is available on the telephone and online.

Leading financial services provider, Co-operative Insurance (CIS) is urging smokers to kick the habit and save money as well as their health on National No Smoking Day (14 March).

UK Life and Pensions provider Friends Provident is preparing to break into the German market. The FTSE 100 listed company wants to exploit the opportunities in the German market for its international expansion.