Aviva's latest changes to its critical illness (CI) policy has bought it into line with ‘market leaders' Friends Life and Old Mutual Wealth, CIExpert has said.
Complaints about income protection (IP) and critical illness cover (CI) fell in the second half of 2014 figures from the Financial Conduct Authority (FCA) have revealed.
In part one of three videos, AIG Life's managing director Darren Spriggs tells COVER about AIG's purchase of Ageas Protect, Ageas Protect's rebranding to AIG Life and what advisers need to know about the changes.
Friends Life is to extend its group cancer cover policy to companies with 50 employees or more.
Munich Re's Adrian Stevenson says the life insurance industry has three key issues to tackle if it is to truly grow the protection market.
CIExpert has described Friends Life's changes to its critical illness (CI) product as offering 'a number of significant improvements'.
Aviva paid out £513m on claims in 2014, an increase on the 2013 figure of £505m as it released its annual claims statistics.
VitalityLife paid £25m in 2014 to customers claiming on life serious illness and income protection policies, an increase of 66% compared to 2013.
Friends Life has launched ‘Global Treatment' with Best Doctors as an add-on to its protection policies offering policyholders the option of going abroad for serious illness treatment.
Zurich has published a new guide to help people put their financial affairs in order should they or a loved one become mentally incapacitated.