The protection market is shrinking and becoming more concentrated in the hands of a few providers, according to figures from the FSA.
The Association of British Insurers (ABI) this week revealed that nine in every ten claims made under a critical illness (CI) policy in 2010 was paid by the insurer.
Defaqto has warned that the public should not be turned off protection products following the fall out of the Payment Protection Insurance (PPI) mis-selling scandal.
Families are failing to protect themselves despite being more worried than ever by the rising cost of living and falling salaries, new research has found.
The Cancer Drugs Fund has led to a ‘devastating divide' in access to treatment between England and other home nations, according to a cancer charity.
A long-term plan to provide more US citizens with health insurance may fall short of hitting its targets as it is still too expensive for a lot of people, according to reports.
Critical illness (CI) and life insurance claims payments reached almost £2bn last year, according to figures published by the Association of British Insurers (ABI).
Payment Protection Insurance (PPI) complainants received a total of £215m in redress in the first half of 2011, the Financial Services Authority (FSA) has revealed.
The private healthcare market ‘may not be working well for consumers', the Office of Fair Trading (OFT) has said.
Zurich paid 89% of critical illness (CI) claims received in the first six months of the year with payments amounting to £43.7m.