Life insurance

Royal London has launched its long-awaited life cover for people with Type 1 or Type 2 diabetes.

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= 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 has entered the life insurance market with a policy for people with type 2 diabetes or a high body mass index (BMI).

Legal & General has released data showing the amount paid out on its individual protection products in 2016.

AIG Life has bought to market a term assurance and whole of life proposition for non-UK domiciled individuals impacted by the new IHT on Enveloped Dwellings (IHTED) legislation.

A mother and her son have been charged today with fraud after they allegedly conspired to fake the mother's death in Zanzibar to claim £140,000 worth of life insurance.

Pulse Insurance has recently launched Positive Life, a straightforward solution for anyone with HIV who is otherwise healthy, COVER can exclusively reveal.

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.

Zurich paid over £224.6m in protection claims last year to its retail customers, an increase of 6% from £212.5m in 2015.