Life Insurance

Aviva has reduced the number of doctor reports requested for life insurance applications by 60%.

Legal and General has announced a guarantee to match any like-for-like competitor quotes for high net worth business.

Aegon paid a marginally lower percentage of critical illness (CI) claims in 2009, but declines due to non-disclosure fell from a half to a third.

Bright Grey has announced it paid 96% of life claims last year, an increase of 5% on the previous figures.

New research from Aviva has shown that the average British household may only have enough cash to cover bills for 14 days if they lost their source of income.

Capita Financial Software has developed a new quotation service for split cover life and critical illness (CI) policies.

Legal & General has improved its immediate cover levels for people taking out life only cover (all types) and term assurance with critical illness cover (for business).

LV= has launched a new website for advisers.

Skandia has launched a service for advisers writing high value protection cases.

Legal and General has amended the way its Mortgage Decreasing Term Assurance (MDTA) interest rate is calculated.