Life Insurance
Consumers urged to assess full cost of life cover
Consumers looking for life assurance to protect their loved ones are being urged to assess the full cost of cover over the term of the policy when selecting the best deal.
Post Office launches life insurance
The Post Office has announced the launch of a new product into the life market, and is offering a £100 cash back bonus to anyone taking out a policy.
M&S offers 5% discount on life insurance when applying online
From 15th October until 31st December 2007, M&S Money is offering customers 5% off premiums of its award winning life insurance when they apply online.
Legal & General abolishes ongoing duty of disclosure
Legal & General, UK protection provider, is to simplify the customer application process by abolishing the requirement to notify us of any change to their health or circumstances before their policy starts.
moneysupermarket.com: launch of PruProtect
Commenting on the launch of PruProtect, Emma Walker, head of protection at moneysupermarket.com, said: “This is a novel move for the protection market and actively encourages consumers to lead a healthy lifestyle.
Protection insurance that rewards you for being healthy
Today sees the launch of PruProtect, a new protection product set to revolutionise the protection industry. PruProtect is brought to the UK market through a joint venture between Prudential UK and South African insurer, Discovery.
Post Office launches over 50s life cover
The Post Office today announces its launch into the life market with its new Over 50s Life Cover, available now.
Legal & General calls in Samaritans
Legal & General, UK protection provider, has turned to Samaritans for specialist training and advice on how to handle potentially difficult or sensitive calls with customers who are making a protection claim.
Consider financial protection against Alzheimer’s
LifeSearch finds the best ways to protect against the financial loss that could be caused by Alzheimer’s disease, as part of World Alzheimer’s Day on 21 September.
HSBC re-writes the protection rule book
HSBC is re-writing the protection rule book with the launch of its LifeChoices plan, a one-stop-shop product that incorporates four key elements of protection and strips down the underwriting process to make it easier for customers to arrange the right level of cover.
ABI guidelines for selling protection online and by phone
Commenting on ABI guidelines for consumers who take out protection insurance online or by phone, Emma Walker, head of protection at price comparison website moneysupermarket.com, said: “Arranging to buy protection online or by phone provides a great deal of flexibility and ease for the consumer.
New guidelines for online and telephone protection sales
The ABI (Association of British Insurers) has launched the latest initiative in its drive to increase the proportion of successful protection insurance claims.
Clydesdale and Yorkshire to distribute Guaranteed Whole of Life Plan
Clydesdale Bank and Yorkshire Bank will distribute the Engage Mutual Guaranteed 50 Plus Life Cover both from their branches and also online.
Over 3.4 million parents have no life cover
Sainsbury’s Bank estimates that over 3.4 million parents don’t have life insurance despite the inherent costs associated with looking after children, which the bank urges parents not to underestimate.
Legal & General asks underwriting questions on behalf of advisers
Legal & General, the UK’s leading life and critical illness cover provider, has now put over 25,000 protection insurance applications ‘on risk’ through its simplified underwriting service, L&G Max.