Life Insurance News

Government To Alert The Public On The Need For Life Insurance Cover

A nine month report, jointly chaired by The Chancellor (Alistair Darling) and the Chief Executive of Aviva Insurance (Andrew Moss) is due to reveal findings to the Government which indicate the low propensity of the public to save for their retirement and insure against illness or unemployment.

27th July, 2009

Aviva Life Insurance Offers Free Cover To New Parents

Aviva Life Insurance (formerly known as Norwich Union) are providing new parents with cover up to £10,000 if their new born is still less than six months old. The cost will last until the child's landmark first birthday.

20th July, 2009

ABI Launches Consultation Process Into Critical Illness Cover

The Association of British Insurers (ABI) has announced a three month consultation process, regarding making changes to its statement of best practice for critical illness cover.

9th July, 2009

Sun Life to Purchase UK Insurance Sector of Lincoln National

The UK insurance sector of Lincoln National Corp is to be bought by Sun Life Financial Inc.

24th June, 2009

Children's Futures at Risk as Parents Fail to Arrange Life Insurance

A study carried out by life insurance provider Bright Grey has shown millions of British children's futures are at risk as their parents fail to secure life and critical illness cover.

18th June, 2009

New Research Reveals Six Million Worry About Funeral Costs

New research revealed by the post office has highlighted that six million people worry about the costs of a funeral or life celebration, with many over-50's having no financial provisions in place whatsoever.

17th June, 2009

Insurance Giant to Cut 560 Jobs

Insurance giant Legal and General has announced it will cut 560 jobs, throwing another blow to the fragile state of the finance industry.

19th May, 2009

Bright Grey Sees Fall in Non-disclosure Claim Refusals

Bright Grey has revealed that the number of claims rejected due to non-disclosure dropped over the last financial year.

30th April, 2009

Pacific Life Re and Abbey Life Team Up in Longevity Deal

Pacific Life Re, a specialist life reinsurer based in the US, has secured a longevity contract with Abbey Life - the UK closed life insurer.

20th April, 2009

AIG Sells Canadian Life Insurance Sector to BMO Financial

American International Group (AIG) recently announced the sale of its Life of Canada unit to BMO Financial Group.

13th April, 2009

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