Life Insurance News

To help the loved ones of those who sadly lost their lives to COVID-19, insurers paid out £90m between March 1st and May 31st 2020. In total, insurers paid 7,000 coronavirus Life Insurance claims over this period.

Royal London paid £575m in protection claims last year to nearly 120,000 clients. This includes payouts on 94.3% of life claims, 92.6% of CIC claims and 91.6% of new and existing Income Protection claims.

In 2019, Aviva paid £982 million in protection claims, accounting for 96.3% of all claims received. This includes 93.1% of Critical Illness claims and 98.6% of Life Insurance claims.

Legal & General has announced that in 2019 it paid £731m in protection claims, including 97% of Life Insurance claims and 92% of Critical Illness claims. Total claims paid over the past 5 years stand at almost £3bn

The government has introduced a new £60,000 Life Insurance (Death in Service) scheme for frontline NHS workers and care staff in England, paying out to an individual's family if they die of coronavirus (COVID-19). Is this enough for the average family?

Venture Capital Investors are negotiating with UK tech companies to ensure that their investments are protected and the best way to do this is with Key Man Insurance.

UK tech startups are slow to pick up on vital business protection. With Key Man Insurance, however, the loss of a key person needn't mean the end of a business.

Drewberry delivers a market first – an online Relevant Life Insurance Quote Engine to help UK small businesses find tax-efficient life cover. Could you benefit?

Many Britons are worried about developing a terminal illness and so are seeking life insurance advice. Find out how suicide affects your insurance payout.