Critical Illness

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.

Aegon UK has today published claims data which shows a total of £123.4 million was paid in claims for life (including terminal illness), critical illness (CI) and income protection (IP), helping more than 1,300 families and businesses in 2016.

VitalityLife has made three enhancements to its Serious Illness Cover product that the insurer believes will lead to "more claims and, therefore, more pay outs for customers."

The Department of Work and Pensions (DWP) has scrapped housing benefit for young adults aged 18-21 in proposals put forward in parliament on Friday 3rd March.