Death claims should be paid quicker and the protection industry needs to support its existing customers better, says Munich Re.
Paul Davies reviews the way trusts and life assurance policies can be used to meet succession planning challenges and considers some of the issues arising
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%.
Aegon has begun a campaign to highlight the importance of the adviser market in the face of stiff competition from internet sales.