HIV Positive people who are taking out HIV Life Assurance in the UK are insuring themselves for a 'fairly low' average sum assured of £134,130, according to research.
Employers could be on the hook for death-in-service claims if an employee has been unfairly dismissed and subsequently dies, a court has ruled.
Bright Grey and Scottish Provident have introduced a fast-track system to reduce the time it takes to pay out on life cover claims.
LV= has launched its new Relevant Life Cover product on LifeQuote's Business Protection area.
Life insurance take-up has increased among single-parent families over the past year, according to research.
Insurance products that are marketed and sold through advisers need to undergo radical reform to ensure providers stay competitive in a post commission world, the CEO of Aegon has warned.
Protection insurance sales have hit a nine-month high due to increased mortgage lending, according to LifeQuote.
Life insurers are much less optimistic about the overall business situation than they were three months ago, according to a report by PricewaterhouseCoopers (PwC) and the Confederation of British Industry (CBI)
LV= has launched a relevant life cover product allowing employers to set up life cover either for their employees or company directors in a tax-efficient way.
eValue has launched Protection Planner to allow advisers to illustrate how a client's sudden death would financially effect their dependents.