Term Assurance

Death claims should be paid quicker and the protection industry needs to support its existing customers better, says Munich Re.

Pulse Insurance has launched a policy offering up to £200,000 of accidental death cover and either £10,000 or £25,000 life cover - without a doctor's report or medical examination.

Legal & General is offering indexation on life insurance, critical illness and income protection products on a ‘pay as you go' basis, and giving advisers an up-lift in commission of 10% LIC for introducing business with an indexation option.

The reinsurer has reported an increase in sales of new term assurance, critical illness and whole life insurance in 2009, while income protection sales fell. However, the ‘Protection Gap' has widened further.

Scottish Provident will see the majority of its life cover rates reduce after a repricing.

Rias has launched a new over 50s life assurance policy providing guaranteed cover with a cash lump sum payable on death.

Private medical insurance (PMI) complaints to the Financial Ombudsman Service (FOS) increased by 27% last year.

LV= has launched a direct to customer cut down life insurance product.

Women are not protecting themselves against the worst despite being more financially important to their families than ever, new research says.

Aviva has reduced the number of doctor reports requested for life insurance applications by 60%.