Scottish Widows has paid £1.15bn in life and critical illness (CI) claims since January 2000 equating to over £2m each week.
The government has vowed to press ahead with reform of the welfare state as its latest statistics show less than a quarter of those applying for Employment and Support Allowance (ESA) are successful.
Government plans to give care workers and patients more control over their care will be tested with the announcement of six trial areas.
It all began 25 years ago with the launch of the UK's first ever critical illness products by Abbey Life and Allied Dunbar. Scottish Provident's Jennifer Gilchrist looks back on a seminal moment in the history of protection...
LV= has continued the market's focus of reducing reliance on GP reports (GPRs) by slashing the number requested for its income protection (IP) applications.
Royal London has agreed to potentially buy the Progress protection back book business as part of its deal with parent company Royal Liver.
Video footage of COVER magazine's recent Business Protection Breakfast briefing in association with Legal & General
LifeQuote, the protection portal owned by Direct Life & Pension Services (DLPS), has added Unum's Income Protection plan to its service.
Aviva paid almost 95% of critical illness (CI) claims and 99.6% of those resulting from death last year.
Families have more cover in place for their property and possessions than they do to protect themselves and their families, statistics from Nationwide have shown.