Life

The perception of how much life insurance costs is on average 394% above the actual cost, a survey for SunLife has revealed.

Canada Life has begun selling its ‘Simply Class' group life assurance product, aimed at 2-50 employee companies on its CLASS platform.

Aviva has launched Aviva Life Protection Solutions (ALPS) a new end to end platform for advisers offering a faster ‘quote and apply' system than before.

Complaints about income protection (IP) and critical illness cover (CI) fell in the second half of 2014 figures from the Financial Conduct Authority (FCA) have revealed.

VitalityLife paid £25m in 2014 to customers claiming on life serious illness and income protection policies, an increase of 66% compared to 2013.

Engage mutual is asking advisers and brokers to give feedback on their offering as they merge with Family Investments.

Aegon UK's new protection single premiums for annuities and protection fell by 53% in 2014, with sales of £1.6bn in 2014 compared to £3.4bn in 2013.

Zurich UK Life saw an increase in new business value (NBV) of £125m, 17% up on the previous year, with corporate business driving growth.

Royal London has called for a ‘shake up' in the over 50s life insurance following a Which? Report which found whole-of-life policies offered better cover.

Multinational pooling is proving profitable for global companies with average returns of 6.1%, research by Towers Watson has found.