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

clock • 1 min read

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 Kennedy, group head of protection at Royal London, said: "Payment of a claim is the moment of ...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Individual Protection

Ovarian cancer awareness gap found among women

Ovarian cancer awareness gap found among women

Aviva research findings

Jaskeet Briah
clock 20 March 2025 • 3 min read
The COVER Review: NHS England scrapped, protection availability and product updates

The COVER Review: NHS England scrapped, protection availability and product updates

Week commencing 10 March 2025

COVER
clock 14 March 2025 • 1 min read
The COVER Review: PMI demand, International Women's Day and a new COVER event

The COVER Review: PMI demand, International Women's Day and a new COVER event

Week commencing 03 March 2025

COVER
clock 07 March 2025 • 1 min read