The average life insurance payout in the UK is £51,500 which would only cover 62% of the average outstanding mortgage (£83,000), according to research from Sunlife.
Private medical insurance (PMI) is the top health & protection product consumers in Western Europe would consider buying followed by critical illness (CI) cover, a survey has found.
Friends Life has placed its Fracture Cover addition for its life, critical illness and income protection products on LifeQuote's portal.
AXA PPP has revealed changes to its Amplify intermediary portal and opened its support and information services to all intermediaries.
Unum has launched a free online tool to provide businesses with an MOT-style review of their wellbeing strategy.
Cirencester Friendly has appointed Mark Sedgley and Ian Maude as non-executive directors.
Royal London has revealed that it paid out on 90% of Income Protection (IP) claims in 2014, with a total payout of over £3.2m.
LifeQuote has introduced a suite of short term income protection (STIP) policies to support their existing income protection (IP) panels.
Canada Life has begun selling its ‘Simply Class' group life assurance product, aimed at 2-50 employee companies on its CLASS platform.
The Department for Work & Pensions (DWP) must use lessons from its recent welfare reforms to improve how it handles change, the National Audit Office (NAO) has said in a report.