Aviva is advancing life cover payments to help families meet funeral costs by increasing the amount it can pay in advance to £11,000.
The advance payment can be used towards the cost of the funeral as well as the probate application fee. This could help to speed up the Grant of Probate application, allowing the full claims amount to be paid quicker. This pledge exceeds the Protection Distributor Group's (PDG) call on insurers to commit to releasing £5,000 in advance of receiving probate to allow for funeral fees to be paid. Aviva joins several other insurers who have already signed up to the call to action. In addition,...
Jack Wild gives his take on the protection market as a 'new modern adviser.'
Medicash has provided financial support to The Hive Zone to enable the youth group to offer free membership and free meals across the school holidays.
Zurich, in collaboration with the Smith School of Enterprise and the Environment at the University of Oxford, has published the UK recommendations from its report, 'Embracing the income protection gaps challenge: options and solutions'.
The UK market for private medical cover flatlined in 2016 with 4.02 million policies covering 6.89 million lives in 2016, some 10.5% of the population, LaingBuisson has published.