Critical Illness

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.

With three national cancer awareness campaigns taking place in March - Prostate Cancer, Ovarian Cancer and Brain Tumour - Scottish Widows is highlighting the fact that millions of Britons are under-protected should serious illness strike.

Scottish Widows has updated the critical illness definitions for Scottish Widows Protect, COVER can exclusively reveal.