Insurers must pay life insurance claims in four weeks following the ABI's decision to slash its guidance time for the process.
I treat life and critical illness as fairly commoditised products for perfectly healthy people aged under 35. Can I do more to help them in this area?
Cuna Mutual Group has announced a deal to distribute LV='s term life assurance to its network of building societies.
More than half of UK adults hold no life insurance despite being highly aware of the importance of having it and other protection products, according to research.
Aviva paid almost 95% of critical illness (CI) claims and 99.6% of those resulting from death last year.
Scottish Provident paid 98% of its life cover claims in 2010.
Insurers have agreed to continue not using genetic test results for the vast majority of insurance policies until 2017.
The government has announced plans to abolish life assurance premium relief (LAPR) in the budget.
Recently rebranded Ageas Protect has launched ‘Low Start', a personal protection product offering the same cover as its YourLife Plan at a lower initial cost.
Bupa has raised medical underwriting limits on its life and critical illness plans.