VitalityLife is incentivising take-up of the indexation option on all protection policies as concern about inflation continues to grow.
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.
VitalityLife has made three enhancements to its Serious Illness Cover product that the insurer believes will lead to "more claims and, therefore, more pay outs for customers."
VitalityLife is offering customers an upfront discount and annual premium discounts if they monitor and improve their health, as part of two new developments for its protection customers.
Industry experts share their views on how the protection industry fared during 2016 and what 2017 may bring
Purchasing protection insurance on cost alone is a risky business. Deepak Jobanputra looks at the factors that add real value
Advisers should turn clients' attention to whole of cover, because like it or not, it is a necessary conversation, writes Justin Taurog
Deepak Jobanputra examines the question of 100% payouts in severe illness cover, and finds this isn't necessarily to the client's benefit
Justin Taurog looks at the technological tools providers are using
Justin Taurog looks at how important people power is to the success of a business