Life insurance

The government has opened a consultation on implementing changes to make it easier to claim a Funeral Expenses Payment.

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 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 has today launched 'Assisted Living Insurance', specifically aimed at supporting older people to extend independent living in their own home in later life.

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= has announced the launch of its new pre-underwriting tool, in partnership with UnderwriteMe, in a bid to improve the underwriting process for advisers.

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.

iPipeline received a 17% increase in applications the night before the 2017 General Election.

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.

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.