|    FM Home   |    FM News   |    FM Forum   |    FM Blog   |   
Monday 17th of August 2009

News Tag: life insurance

August 11, 2009

L&G unveils new over-50s life policies

by David Masters
”L&G
Legal & General (L&G;) has expanded its range of life insurance products with three new guaranteed acceptance plans for the over-50s. Applications for the Fixed, Increasing, and Funeral policies are guaranteed to be accepted for policy holders aged between 50 and 80. The Fixed plan offers a fixed cash sum payable upon death in exchange for fixed premiums. The Increasing Plan's value rises with ...



April 28, 2009

Sales at Friends Provident down by 40%

by Peter Charalambous
”Sales
Friends Provident, the life insurer, has experienced a 40 percent fall in life and pension sales for the first quarter of 2009 to £109 million, as the recession has put off potential customers in saving for the future. Following the reported results, shares in Friends Provident lost 8 percent. In a bid to rectify losses, the company withdrew from less profitable areas ...



April 9, 2009

Brits axe insurance payments to save money

by David Masters
”Brits
Millions of people in the UK have cancelled or reduced their insurance policies in a bid to save money as the recession bites. Research from Sainsbury's Finance found that nearly 950,000 Brits have either given up or cut down their home contents insurance, whilst an additional 700,000 have reduced or stopped payments for their buildings protection. Life insurance policies have also been ...



March 18, 2009

Credit crunch shrinks inheritance funds

by David Masters
Credit crunch shrinks inheritance funds
The credit crunch means that many Brits will have to leave their families with a smaller inheritance than they'd hoped. Sixteen million Brits will now have less money to give away when they die, according to new research by Lincoln Financial Group. Twenty six percent of those surveyed by Lincoln said the impact of the credit crunch on their legacy has been 'severe', dramatically ...



March 17, 2009

Bupa sales up 38%

by David Masters
Bupa sales up 38%
Bupa has reported significant growth in sales of its individual protection policy. Sales increased across Bupa's critical illness, income protection, and life assurance products during 2008. The insurer posted a 38% increase in new business annual premiums for the year. This is compared to growth of 25% in 2007, and comes alongside news that the cost to Bupa of critical illness cover has reduced by an ...



January 26, 2009

Direct Life adds PruProtect to LifeQuote

by David Masters
Direct Life adds PruProtect to LifeQuote
IFA technology support provider Direct Life and Pension Services (DLPS) has added PruProtect's life and serious illness cover to its LifeQuote and LifeQuote Plus software. As such, financial advisers using LifeQuote software will have access to PruProtect's serious illness and life cover. PruProtect's serious illness cover insures against more than 150 illnesses, compared to an industry average of less than 30. It also allows ...