Life Insurance
Legal & General speeds up applications by tele underwriting
Legal & General now makes immediate decisions on 90% of applications for cover that are referred to its ‘little t' tele underwriting team, up from 66% in the past 4 months.
PruProtect celebrates 2nd anniversary with Best Service award
PruProtect, the joint venture between Prudential and South African market leader, Discovery, is celebrating its first two years in the UK protection market with the following news:
Legal & General makes joint life policies fairer
Legal & General is now offering single life policies to people who would previously have had their joint life policy cancelled as a result of non-disclosure from their partner.
AEGON increases financial underwriting limits
AEGON has announced further improvements in the financial underwriting limits for its personal and mortgage protection proposition by increasing the sums assured at which the main residence mortgage offer letter is required for life and critical illness cover.
Aviva provides average of £80,429 to critical illness claimants
Aviva, the UK's largest insurer, paid out 744 critical illness claims during the six months to end of June 2009, totalling almost £60 million to people in need, with the average payment increasing to just over £80,000.
ASDA to increase life cover among over-50s
ASDA has announced plans to triple over the next three years the number of customers covered by its over 50s life insurance. The supermarket chain has unveiled a brand new Over 50s Life Cover product, developed for ASDA by mutual insurance group LV=.
Legal & General new over 50s life insurance plans
Legal & General is launching three new guaranteed acceptance life insurance plans for the over 50s. All three Over 50s plans are only available direct from Legal & General online, by post or over the phone.
5 common reasons for the £2 trillion protection gap
Despite sales of life assurance climbing steeply over the last few years, the protection gap (the difference between the life cover we have and what we should have) still stands at over £2 trillion.
Aviva offers free life cover to new parents
Britain's parents were today given a helping hand by Aviva - with a new offer providing £10,000 worth of free life cover for new parents in the UK.
Life Insurance: Top 5 tips for consumers
The Life Insurance market can be very complicated to even the most experienced customer. To help guide them LifeSearch have put together 5 top tips on how to pick through all the options and choose the best policy to ensure your family is financially protected if the worst happens during the current economic turmoil.
£23,000 a year - that's the value of a Dad
Legal & General's ‘Value of a Dad' survey has found that the value of the work that Dads do around the home is £23,296.
Funeral costs a financial worry for six million people
Over six million people (13 per cent) live with the worry that they could not pay for a loved one's funeral according to research from the Post Office.
Over 50s fail to tackle a difficult subject
A new survey shows that three-quarters of over-50s have yet to make any provision for their funeral, according to a new survey out today. Whilst it is of course a difficult subject for many families to broach, this lack of preparation can cause long-term problems for those left behind should the worst happen.
Sainsbury's Finance launches Over 50s life cover plan
Sainsbury's Finance has launched an Over 50s single life cover plan, with premiums starting from as little as £8 a month.
Bright Grey launches instant acceptance life cover
Protection specialist Bright Grey, part of the Royal London Group, is launching Lifestyle Protection, paving the way for faster, cheaper and simpler life and critical illness insurance.