Critical Illness

iPipeline has reported a 36% increase in the number of completed new business protection applications in Q1 2017, based on provider supplied data, as compared to same period last year.

Protection product sales in Q1 2017 rose by 6.6% (£8.7 million) to £140.2 million, returning to the peak levels of 2016, according to analysis from Equifax Touchstone shared exclusively with COVER.

CIXpert reviews Canada Life's upgrades to to the critical illness component of its CanProtect policies.

Scottish Widows has published its protection claims statistics which show that it paid out 99.38% of life claims in 2016, an increase of 0.5% compared with 2015, and 93.2% of critical illness claims, an increase of 2.7%.

To coincide with Stroke Awareness Month in May, Scottish Widows is highlighting the nation's lack of a financial back-up plan should a serious condition like this be diagnosed.

COVER is delighted to announce that the COVER Excellence Awards 2017 have opened for nominations.

Scottish Widows has appointed Jackie Leiper to the newly created role of protection director.

VitalityLife paid 99% of Life claims, 93% of Serious Illness claims and 94% of Income Protection claims in 2016. In total, 807 claims were paid across all products.

Legal & General has released data showing the amount paid out on its individual protection products in 2016.

AIG Life paid a total of £69 million in claims for life and critical illness insurance during 2016 to 1000 families and businesses.