Whole of Life

Thousands more families will be required to pay inheritance tax (IHT) this year as an improving economy and rising house prices pull them above the threshold, according to figures.

PruProtect is to add Vitality, the insurer's healthy living rewards programme onto its Relevant Life policy.

UK consumers would switch to buying their life insurance on the internet if providers were able to offer professional online advice, a survey conducted for PwC has found.

Scottish Widows has reported that it paid out 99% of life and 90% of critical illness claims through its bancassurance channel during 2013.

Engage Mutual's over 50s life cover product has been awarded maximum five stars by independent financial product researcher, Defaqto, in its first whole of market over 50s life cover assessment.

Research business Defaqto has added whole-of-life protection policies to its star ratings service.

Defaqto has launched two new Life Assurance Star Ratings for products that can be purchased by consumers directly without going through a financial adviser.

First-time UK parents spend more than £492 million each year preparing for the arrival of their first baby but just one in five have life cover, new research has found.

The Financial Conduct Authority (FCA) is to investigate about 30 million insurance company policies over concerns that customers are subject to "unfair" conditions.

Engage Mutual is now expecting over-50s customers to claim for terminal illnesses on its life cover policy following the end of a two year moratorium.