Welcome, how can we help?
Policy Types
Getting Technical

 

Home / List of Life Insurance Companies

Click below to learn more about the insurance companies we can use.

Norwich Union
Prudential
Royal Liver Assurance
Scottish Provident
Scottish Widows
Standard Life

 

NEWS
Life insurance firms go green

13 September 2007 14:12:41
Firms from the UK life cover sector and other insurance industry bodies have launched a new initiative to combat climate change.

The ClimateWise principles - developed by Lloyd's of London, global insurance firms, reinsurers and brokers - will aim to raise awareness of the importance of pursuing ecofriendly business practices.

Stephen Haddrill, director general of the Association of British Insurers, explained that UK companies should aim to be as green as possible, as well as instigating environmentally-conscious behaviour from their customers.

"Uniquely in the UK we protect people from the consequences of flooding. By assessing the rising financial costs of extreme weather we are helping society make the right decisions for the future," he said.

"But we need to do more. The principles will enable us to do so by encouraging greater climate-friendly behaviour among our customers through our investment strategy and risk analysis."

His Royal Highness, the Prince of Wales, was present at the launch and backed its efforts to inspire global awareness.

"The ClimateWise principles are targeted on those areas of skill and expertise within the insurance sector and are the result of nearly a year's hard work" he commented.

"I hope and pray that they will be useful in encouraging both collective and individual action to tackle climate change."

Direct Life and Pensions Services Ltd are one of the UK's leading providers of life insurance, term life assurance, mortgage protection, and critical illnesslife insurance policies online.ADNFCR-980-ID-18278908-ADNFCR


Life insurance firms call off merger

16 August 2007 15:56:59
Top UK life cover providers Royal Liver and Royal London have called a halt to merger talks.

Negotiations had been underway since April 30th, but a statement issued yesterday confirmed that an agreement had not been reached.

"After careful thought and thorough consideration, the Board of Royal Liver has concluded that although the proposal from Royal London had considerable merits for their members, they felt that those interests will be better served by pursuing an independent strategy," the statement read.

Had a deal been cemented, it would have represented the largest merger in the mutual life and pensions sector since Royal London purchased Scottish Life for £1.1 billion in 2000.

Royal London manages over £32.7 billion worth of funds and has more than 3 million customers, while Royal Liver controls £3.5 billion worth of assets for 1.7 million consumers.ADNFCR-980-ID-18248380-ADNFCR


Life insurance vital for comfortable retirement

21 August 2007 15:19:22
Aegon has urged UK consumers to consider critical illness insurance and life cover to guard against a poverty-stricken retirement.

A report from the life cover provider has revealed a huge shortfall between perceived pension requirements and the stark reality.

And widespread complacency regarding protection products is adding further jeopardy to British futures.

Over half of respondents to the Aegon survey said that they would require between £10,000 and £20,000 a year to live comfortably in retirement.

However, the average pension pot is around £25,000, providing just £1,500 per year.

An impoverished retirement is made increasingly likely by the negative perception of protection policies, with 40 per cent of respondents claiming that life insurance and critical illness cover are too expensive.

Malcolm Flanders at Aegon told This Is Money that the findings were worrying.

"Many people are still expecting to retire before age 65 and lead a comfortable lifestyle", he said.

"The fact is a large swathe of the UK population risks being financially impoverished in retirement.

"The report suggests that many people are still expecting to rely solely on state benefits, or are gambling on the prospect of their children taking care of them. We would urge people to act now before it's too late and take control of your financial future."ADNFCR-980-ID-18253155-ADNFCR