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Keep workplace health insurance after you leave
Individuals risk weakening their private medical cover by not staying with their workplace health insurer if they have been made redundant, resign or retire.
Standard Life holds with profits bonus rates
Standard Life has become the latest life office to freeze bonus rates for its with-profits policyholders, with investors seeing a wide variation in the returns on their plans.
Zurich to increase motor premiums by 20%
Motorists are being warned to expect steep rises in their insurance premiums this year after a major provider raised its rates by 20 per cent
Aviva freezes with profits bonus levels
Aviva, the the country’s largest with profits provider, defended its investment strategy as it froze regular bonus levels for millions of policyholders against the backdrop of double digit stockmarket recovery.
Tougher line on online insurance
Millions of consumers buying insurance online should expect clearer information about policy excess levels and realistic premium quotes under new guidance for the sector.
Insurers release data on pay out rates
Insurers have for the first time released official data on the pay out rates for criticial illness cover (CIC) and life insurance policies, with the industry now on average paying more than 90 per cent of claims.
More providers offer post code annuities
Pre-retirees living in affluent areas are being urged to shop around for an annuity if they smoke or have a medical condition as more providers introduce post code ratings for pensions.
L&G offers premium discounts for cancer
Legal & General (L&G) has become the latest insurer to offer premium discounts on its critical illness cover (CIC) for policyholders who have a history of cancer.
More options for paying care fees
Long-term care providers have new incentives for individuals to take out plans which will cover the costs of care in later life, with some now offering money back guarantees on annuities.
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