'Greater efficiency' online for group income protection and group life assurance
Less than half of employers realise that GLA policies pay out regardless of whether death is work related
Rehabilitation helped 40% of those who returned to work
Swiss Re inputs to OTS consultation and calls for tax exemptions for employers taking out group life assurance (GLA) - should be "extended to include relevant life"
Industry body for group risk responds to Office of Tax Simplification request for IHT feedback
GLA policies typically cost less than half a percent of payroll and extra support benefits provide extra value for money, despite common misconceptions
Firm paid almost 100% of group life claims last year
Long-term disability income increases following years of decline
The #LiveLifeProtectIt campaign has launched to encourage consumers to save for a rainy day or take out protection insurance.
In the second part of this An Audience With, John Ritchie looks at key service indicators, why Ellipse are publishing them and what it means for advisers.
Cigna Insurance Services is to enter the individual life insurance market this year, the company has announced.
The number of excepted group life schemes has risen sharply throughout 2014. Omnilife's Barry Waring explains the dramatic increase
Unum has launched an enhanced Employee Assistance Programme (EAP) to help employers deal with staff well-being issues as part of Unum LifeWorks.
A new group life brand, Havensrock, insured by Scottish Friendly and distributed by advisers PSHPC, has launched to the market with a proposition recognising that not all industries share the same risk.
Ellipse has created a new online nomination of beneficiary facility for members of registered group life schemes enabling employers to set up and run group life cover.
The benefits of group risk products are not widely recognised by HR professionals, Canada Life Group Insurance has suggested.
Ellipse has made changes to its handling of claims under group life contracts which it says should result in ‘speedier' settling of claims for bereaved families.
Following adviser feedback, Ellipse has revised its approach on absentee disclosure in group life, introduced in November last year.
MetLife is in talks with a major pension provider to integrate its group life and income protection products with the auto enrolment of the SME market beginning later this year.
Term assurance is the most black and white protection policy. Have we seen any colour in the market over the past year? Fiona Murphy investigates.
Friends Life has simplified its Group Life claims process by removing the need to have sight of the original death certificate to verify Group Life claims.
The Inheritance and Trustees' Powers Bill has been introduced into the House of Lords, with the majority of the reforms recommended by the Law Society.
Life assurance should be extended to dependents so that should a tragedy occur, employees have some financial resources to support their family, Punter Southall Health & Protection Consulting (PSHPC) has said.
MetLife is adding a master trust to its group life product.