Life insurance: Latest product news

Private Healthcare UK keeps you up to date with the latest information on new life insurance plans, product developments and scheme changes.

Bright Grey launches bespoke proposition for business protection market
	Bright Grey, the protection specialist arm of Royal London Group, has launched its bespoke menu-based business protection proposition for businesses. The proposition offers cover for key person,...

LV= launches Cilla Black charity partnership
	Insurer LV= has announced a new partnership with one of Cilla Black’s chosen charities. Cilla stars in a TV advertising campaign for LV= promoting the ’50 Plus Plan’ life...

LifeSearch launches unique claims guarantee pilot with AXA
	Protection specialists LifeSearch has linked up with AXA to trial a life product that is guaranteed to pay out on death. The life insurance product, which is being offered by a pilot...

Three out of four Brits have no will power
	Three quarters of people in the UK do not have a will - leaving their families walking a financial tightrope when they die, says new research from Friends Provident. James Ward, director...

Friends Provident enters business protection market
	Friends Provident has become the latest insurer to enter into the business protection market. It has launched a Business Protection Plan which includes level and decreasing life cover with or...

Sainsbury’s life insurance offers 5% online discount
	New customers taking out Life Insurance online through Sainsbury's by 24th March 2008 will receive a 5% discount. Sainsbury’s life insurance premiums start from as little as...

Norwich Union reduces prices
	Norwich Union has a series of price reductions across its Mortgage Life Insurance and Term Assurance product ranges. The move is designed to help those feeling the effects of the credit crunch...

Scottish Friendly lands international award for best practice
	Scottish Friendly has won a prestigious international award for best practice in insurance administration - one of only five firms worldwide to be recognised, and the only European winner. The...

Britons are more likely to have life insurance than their European counterparts
	Around 71% of people in the UK have at least one life insurance policy, compared with 45% of people in Italy and 53% in both Germany and Spain, according to Axa. The insurer found that buying a...

Nationwide offers Legal & General's insurance
	From Tuesday 5th February 2008, Nationwide Building Society offers a range of new protection and insurance products from Legal & General. Nationwide Life will no longer write insurance...

Don't gamble on your life
	With the impact of the credit crunch, falling house prices and growing consumer debt beginning to bite, life insurance and income protection is being seen as a lifeline for many financially stretched...

Scottish Widows launch online films and competition to win trip to Beijing Olympics
	Two dramatic new film clips have been launched that elegantly integrate images of Olympic hopefuls with those of the famous Scottish Widow. The films, which form part of an online advertising...

Customers will benefit from pioneering new insurance industry commitments on protection insurance claims

Insurance companies have announced that they will pay more claims for critical illness, income protection and life insurance where medical information has not been disclosed, unless the customer...

Friends Provident enhances its financial underwriting requirements to make life even easier
	Friends Provident has introduced new evidence requirements and increased the limits for financial underwriting on life cover, life cover with critical illness and standalone critical illness cover....

Friends Provident review may recommend sale
	Friends Provident, which in 2007 failed in its plans to merge with Resolution, is undertaking a strategic review that could lead to a sale of all or part of the company. Sir Adrian Montague,...

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