Whole of Life

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.

Legal & General has today announced it has improved its financial underwriting criteria for customers taking out life insurance and critical illness cover.

Confidence and overall business volumes in the life insurance sector ‘rose strongly' over the past three months to its highest level since the Retail Distribution Review (RDR) was introduced, a survey suggests.

Skandia has announced it has added joint life last death rates to its market-leading Rolling Term life cover.

Independent funeral plan company Golden Charter has been awarded a new contract to source funeral directors for Sun Life Direct life assurance plan holders who request a funeral benefit option.

The challenge for protection insurers in today's market is to adapt their approach so products are "bought, not sold", a report by Swiss Re concludes.

Non-domiciled UK clients holding whole of life insurance policies with a UK insurer may need further advice due to a change of view from HMRC, a provider has urged.

PruProtect has launched an online inheritance tax (IHT) calculator to support advisers using Whole of Life cover to mitigate potential liabilities.

PruProtect has announced enhancements to its Relevant Life Cover policy including an increase in the maximum sum assured and index-linking policies to keep pace with inflation.

LV= has enhanced its whole of life policy, LifeTime+, with an increase in the number of guaranteed increase options (GIOs) and the addition of terminal illness cover.