Royal London has confirmed to COVER that the insurer will advance up to £10,000 to bereaved families under the Protection Distributor's Group (PDG) Funeral Pledge.
The PDG has been campaigning for insurers to do more to help bereaved families who may have to wait for claims to be paid due to probate delays. AIG and LV= signed up to the pledge earlier this year and Zurich confirmed its support this week. As a minimum, the PDG asked for insurers to ensure families can pay funeral costs by committing to the pledge; proactively offering families at claim stage to pay the funeral director where no other arrangements have been made, up to £5,000. Debbie...
There are just two weeks to go until the COVER Protection and Health Summit 2017 takes place.
Zurich has launched a website for employee benefits consultants, advisers and employers.
VitalityHealth and Nuffield Health have launched a joint venture to provide large employers with a health and engagement solution for their entire workforce.
Over two thirds of the UK adult population either hasn't purchased any life insurance (57%) or doesn't know whether they have or not (11%), research from LifeSearch has found.