Royal London signs up to Protection Distributors Group's 'Funeral Payment Pledge'

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Royal London signs up to Protection Distributors Group's 'Funeral Payment Pledge'

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...

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