Aegon has improved its digital life insurance solution, Simply Life, to ensure more acceptances from a wider number of mortgage and protection clients.
Aegon will leave the Association of British Insurers at the end of the year, the insurer has announced.
Aegon has warned that protection propositions need to be flexible to help divorcing couples cope financially as new figures revealed that mid-life divorces are increasing.
Aegon UK is offering a 5% discount on its standalone critical illness product until 15th October 2015.
Intrinsic Financial Services has launched a new protection panel for its restricted advisers with immediate effect.
Lifequote has added a whole of life (WoL) comparison service, after research found Inheritance Tax (IHT) and estate planning are adding to the demand for WoL.
Aegon's upgrade to its critical illness (CI) offering whilst adjusting to the model wording changes introduced by the ABI in December 2014 are overall ‘positive', CIExpert has said.
Aegon has announced changes to its individual and group protection offering with changes to definitions and increases in levels of cover and age limits.
The critical illness market remains driven by definitions as 2015 sees insurers facing an ABI deadline and advisers with a need for 'complex' knowledge, writes Thomas Smith
Over three quarters (77%) of consumers are unaware of claims statistics being published while 32% said claim rates had been discussed with them by their adviser.