Life Insurance

Life Insurance

Life Insurer Miscalculations Results in 15 Million Policyholders Facing Halved Pay-outs

Those forward-thinking insurance policyholders who have previously chosen to secure a future for their family after they’re no longer in a position to, are counting the cost right now, on news that they could have to double their existing premiums to safeguard the cover they currently enjoy. That’s ...
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Leading UK Critical Illness, Life and Income Protection Insurer Reveals £2.3 Million Extent of Successful Policy Claim Pay-outs in 2015

Recompensing policyholders who benefitted from life insurance, critical illness and income protection insurances accounted for a staggering £839 million for just two UK policy providers during 2015, according to a report highlighted by www.actuarialpost.co.uk. It transpires that both Aviva and Friends Life paid-out the equivalent of £2.3 million ...
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Game Of Thrones

Claim of Thrones: The Facts of Life Insurance, Fictionalised

If someone asked you just what was THE biggest thing on TV (if not in the world) right now, then we’re pretty confident most people would answer, ‘Game of Thrones’. The critically acclaimed and feverishly-anticipated brand series (season 6) returns this April, as the UK prepares to stay ...
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UK Insurer De-bunks Often-overheard Life Insurance Policy Myths

One of the country’s most facilitated online insurance policy comparison firms has recently tackled the thorny subject of urban legends associated with the habitually confusing world (NOT a clue as to which aggregator we’re referring to, just to clarify) of life insurance products, protocol, procedure and practice. Along ...
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Life Insurance Policy Provider in the Business of Rewarding Healthy Eaters with Premium Discounts

We may have heard it all now, with news that an American life insurance policy provider is rewarding policyholders for adopting a healthy eating lifestyle. Or put another way, paying them to eat fruit and veg. John Hancock Insurance announced its policyholder-incentivizing proposals this week and which is ...
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Life insurance providers face investigation into fee irregularities

A total of six UK-based insurance policy providers are having their dealings scrutinised by the Financial Conduct Authority, after claims that life insurance policyholders who’ve been in it for the long haul so to speak could have been misled. Or more specifically, not offered the same favourable deals ...
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boat

Insurance faker Who Supposedly Died at Sea to Claim £680k Life Policy, Now Sells Underwear on Filipino Market Stall

Just to reiterate the fervent understanding that (insurance policy) crime doesn’t pay, you only have to take a look at the well-publicised case of John Darwin, the male contingent of the husband and wife team who attempted to defraud their life insurance provider out of a sum bordering ...
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e-cig and coffee

E-cigarette Users Still Falling Foul of Insurance Grey Areas

They say honesty is always the best policy in life, and in the area of insurance disclosure is everything. At least it is if you don’t wish to risk invalidating your policy. However it still seems that those attempting to kick the nicotine habit are still receiving a ...
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future man

UK Life Insurers Facing Up to Possibility of Sci-Fi Future

The eyes have it. So perhaps, might the nose, ears and mouth in the future, if you watch this space. While beauty might, arguably be in the eye of the beholder, life insurance policy acceptance could well be destined to follow the same path if the latest insurance ...
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old people

Life Insurance Provider Poll Reveals Brits Don’t Grow Up Until 29

We all recall Tom Hanks’ character in movie ‘Big’, who wished he was a grown up only for an end of pier machine to grant that very wish and see the Hollywood icon turn into a fully-fledged adult literally overnight. But for many of the generation which grew ...
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