Joint life second death option added to relieve tax burden on couples gifting assets
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Kevin Carr's verdicts on five key developments in the past month
Ageas Protect has entered the relevant life insurance market with the launch of an individual proposition.
Legal & General (L&G) is increasing the underwriting limits across its life insurance and critical illness (CI) products among other changes to its protection proposition.
Ageas Protect has launched a business protection product range to help firms manage the loss of an owner or key employee.
Ellipse has agreed a deal with a children's bereavement charity to provide counselling services for all group life claimants.
The imminent introduction of auto-enrolment looks set to trigger increased investment in employee benefits, according to research from Group Risk Development (Grid).
Legal & General has launched a new relevant life plan to enable employers to provide an individual death in service benefit for an employee.
Ellipse has improved the way it calculates free cover limits on its group life schemes.
Aviva is aiming to settle death claims from group risk customers within three days.
Employers underestimate the importance of the benefits they offer staff after new research revealed half of employees would move jobs for better benefits.
The group risk market has begun to recover from the effects of recession although income protection is still in decline, according to Swiss Re.
Grid has added its voice to the warning that many businesses are not prepared for the upcoming ‘A-day' deadline for group life schemes.
Canada Life has warned intermediaries and group life scheme trustees to be aware of the impending deadline affecting the operation of these policies.
An exception for employers offering group risk benefits has been included in Government plans to scrap the default retirement age (DRA).
Canada Life is adding a bereavement counselling service and dedicated probate helpline to all its group life schemes with immediate effect.
Bupa is branding its range of flexible benefits as Bupa Flex-pertise.
Unum has created a Group Life master trust, allowing employers who offer their employees group life cover to pay out claims free of tax.
Canada Life has simplified the processes and requirements for firms whose employees wish to continue working beyond their Expected Normal Retirement Age (ENRA).