Life insurance
Old Mutual Wealth signs up to Funeral Payment Pledge
Old Mutual Wealth will help people meet the escalating cost of funerals by advancing payment of the sum assured up to £10,000 across several products including its Protect range.
Zurich launches adviser programme ahead of UAE regulatory changes
Zurich Middle East has launched a programme called Zurich FutureReady to help financial advisers in United Arab Emirates (UAE) prepare for the upcoming regulatory changes to the country's life insurance industry.
National Friendly introduces "Assisted Living Insurance" product
National Friendly has today launched 'Assisted Living Insurance', specifically aimed at supporting older people to extend independent living in their own home in later life.
Anticipating the Probate Fee Gap
It remains to be seen whether the increase in probate fees proposed by the Government earlier this year will be resurrected by the new administration, writes Aviva's Mark Cracknell.
LV= launches pre-underwriting tool to give instant decisions
LV= has announced the launch of its new pre-underwriting tool, in partnership with UnderwriteMe, in a bid to improve the underwriting process for advisers.
New protection insurer to enter the market after securing £180m start-up funding
Entrepreneurial start-up company Gryphon Group Holdings Limited, has raised £180m in funding to design and build an 'insurance challenger' that seeks to protect more families in the UK.
General Election: iPipeline notices 17% jump in protection applications the night before
iPipeline received a 17% increase in applications the night before the 2017 General Election.
Aegon signs up to funeral payment pledge
Aegon is the latest insurer to sign up to the Protection Distributors Group's (PDG) funeral payment pledge, to help bereaved families meet the funeral costs of their loved ones.
Q1 protection sales increase by £8.7 million
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.
Legal & General launches 'Buy-Now' life insurance with Direct Life
Legal & General has launched a Buy Now life insurance policy with Direct Life which will be initially available on Confused.com.
Scottish Widows Protect joins Synaptic Webline's Multi-Benefit service
Scottish Widows Protect has added Synaptic Webline's multi-benefit quoting service to its Scottish Widows Protect offering.
Policyholders with HIV urged to review life cover term
People with HIV who took out life insurance between 2009 and 2013 should review their policy, Unusual Risks has urged.
Life Insurance Claim: "I was left devastated and worried about my financial security"
Here is the story of Mrs K from London, who had to make a claim on the life insurance policy of her partner.
Scottish Widows publishes claim stats using new ABI method
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%.
Zurich exceeds Protection Distributors Group pledge on advance payments for life customers
Zurich is the latest provider to sign up to the Protection Distributor Group's (PDG) Funeral Payment Pledge to help protection customers with funeral costs.
Implications for insurance as younger HIV patients reach 'near-normal' life expectancy
Life expectancy of 20-year-olds starting treatment for HIV has increased by around a decade to age 78 in the EU and North America due to improvements in treatment.
BGL Group and Virgin Money announce life insurance partnership
BGL Group has today announced the signing of a five-year contract with Virgin Money to provide its new life insurance solution to customers of the bank.
COVER Excellence Awards 2017 now open
COVER is delighted to announce that the COVER Excellence Awards 2017 have opened for nominations.
Robo-life insurance firm to launch this year
Fintech company Certua is intending to launch into market in 2017 with a 'robo-life insurance' product.
Q&A: Debbie Kennedy on Royal London's Diabetes Life Cover
Fiona Murphy asks Debbie Kennedy, group head of protection strategy at Royal London, ten rapid fire questions on the launch of Diabetes Life Cover.
Royal London launches life cover for diabetics
Royal London has launched its long-awaited life cover for people with Type 1 or Type 2 diabetes.
VitalityLife publishes protection claims statistics for 2016
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.
LV= introduces early payment on death claims
LV= has introduced an early payment of up to £10,000 for death claims on all life products which can be paid to bereaved families within 24 hours.
The Exeter enters life market with policy for type 2 diabetes and BMI
The Exeter has entered the life insurance market with a policy for people with type 2 diabetes or a high body mass index (BMI).
