British Friendly has signed up to the Protection Distributor Group's (PDG) funeral payment pledge and paid its first claim under the benefit.
Earlier this year, British Friendly added Bereavement Benefit to its Mutual Benefits programme. The benefit provides a lump sum to members who suffer the loss of their spouse, partner or child and is provided to all new and existing insured members at no extra cost. The amount payable will be a lump sum equal to thirteen times the member's weekly Income Protection benefit with a minimum payment of £1,000. On the day Bereavement Benefit launched, British Friendly received an enquiry...
There will be no further increases to Insurance Premium Tax (IPT) this year, the Autumn Budget 2017 has revealed.
The government will immediately give NHS trusts £350 million to allow them to plan for the winter, Chancellor Philip Hammond has announced in the Autumn Budget.
British Friendly has introduced an online Adviser Toolkit to encourage income protection sales.
Zurich has launched a 'selfie' app called FaceQuote which estimates how much life cover someone might need.