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Home / - Terminal Illness Cover
This benefit is included almost without exception free of charge on all life insurance and life assurance and/or critical illness policies.
Terminal Illness Cover pays out the sum assured immediately (instead of on death or critical illness) if the life assured is diagnosed as being terminally ill, with a life expectancy of less than 12 months typically.
This cover does not usually apply during the last 12 to 18 months of the period of cover.
NEWS
IT glitch has hit cancer patients
27 June 2008 17:49:19
Patients that are believed to be suffering from cancer have had urgent appointments postponed due to a computer glitch, Computer Weekly magazine reports.
Barts hospital in London has suffered a number of setbacks since installing a new IT system in April and some patients have even been booked into clinics that are closed.
Overall, 11 patients have had urgent appointments postponed for between two days and one month, which is more than the government targets of seeing suspected cancer patients within two weeks.
Richard Bacon MP, a member of the Public Accounts Committee, expressed his concern over the issue: "The latest revelations from Barts show that this is not just a story about IT."
He continued: "These failures directly threaten the standard of care offered to patients in this case, patients with suspected cancer. It is hard to imagine a more serious failure."
Professor John Toy, lead cancer clinician at Barts and The London NHS Trust, explained that he was "confident" that the patients needing appointments will not have come to any "clinical harm" as a result of the extended waiting period.
Life insurance company forms partnership
24 May 2007 12:53:34
A distribution partnership has been signed between Barclays Bank and life insurance firm AEGON UK, with the insurer joining the bank's 'Select Choice' panel of providers.
AEGON products will be made available to Barclays' national network of Financial Planners, marking the most significant British banking deal made by the Dutch firm.
Otto Thoresen, chief executive of AEGON UK was thrilled with the announcement, which will include the '5 For Life' variable annuity retirement solution.
"This new partnership with Barclays is an important development for AEGON in the UK. It…will enable us to reach a broader customer base with products where we have a compelling proposition."
Stephen Ingledew, commercial director for Barclays Financial Planning echoed Mr Thoresen's comments: "We're delighted to welcome AEGON onto our Select Choice panel. With these new dynamic and exciting products, Barclays Financial Planning will continue to offer customers marketing leading solutions that meet their most important financial solutions."
AEGON UK is one of the biggest life insurance firms in the world, with assets of around £49.8 billion.
Work stress 'harms heart health'
23 January 2008 13:20:00
Cutting work stress could be key to making life insurance more affordable for a larger number of people in the UK.
That is the suggestion arising from research conducted into Whitehall civil servants, which uncovered the biological mechanisms that harm heart health.
While previous studies have linked workplace stress to an increased risk of coronary heart disease (CHD), the reason for this has been unclear.
The study published today in the European Heart Journal has been deemed "the strongest evidence yet" of how work stress can lead to CHD.
Monitoring 10,308 civil servants from 1985 onwards, the research team concluded that the chronic work stress associated with CHD was stronger among both men and women under 50.
Their risk was an average 68 per cent more than it was for those who reported no stress at work.
Dr Tarani Chandola, first author of the study, said work stress is also associated with a poor diet and little exercise.
"This study demonstrates that cumulative stress at work can lead to CHD through direct activation of neuroendocrine stress pathways and indirectly through unhealthy behaviours," the doctor concluded.
In a separate study last year, scientists revealed that heart health can be adversely affected by stressful relationships.
Direct Life and Pensions Services Ltd are one of the UK's leading providers of life insurance, term life assurance, mortgage protection, critical illness and life insurance advice online.
27 June 2008 17:49:19
Patients that are believed to be suffering from cancer have had urgent appointments postponed due to a computer glitch, Computer Weekly magazine reports.
Barts hospital in London has suffered a number of setbacks since installing a new IT system in April and some patients have even been booked into clinics that are closed.
Overall, 11 patients have had urgent appointments postponed for between two days and one month, which is more than the government targets of seeing suspected cancer patients within two weeks.
Richard Bacon MP, a member of the Public Accounts Committee, expressed his concern over the issue: "The latest revelations from Barts show that this is not just a story about IT."
He continued: "These failures directly threaten the standard of care offered to patients in this case, patients with suspected cancer. It is hard to imagine a more serious failure."
Professor John Toy, lead cancer clinician at Barts and The London NHS Trust, explained that he was "confident" that the patients needing appointments will not have come to any "clinical harm" as a result of the extended waiting period.
24 May 2007 12:53:34
A distribution partnership has been signed between Barclays Bank and life insurance firm AEGON UK, with the insurer joining the bank's 'Select Choice' panel of providers.
AEGON products will be made available to Barclays' national network of Financial Planners, marking the most significant British banking deal made by the Dutch firm.
Otto Thoresen, chief executive of AEGON UK was thrilled with the announcement, which will include the '5 For Life' variable annuity retirement solution.
"This new partnership with Barclays is an important development for AEGON in the UK. It…will enable us to reach a broader customer base with products where we have a compelling proposition."
Stephen Ingledew, commercial director for Barclays Financial Planning echoed Mr Thoresen's comments: "We're delighted to welcome AEGON onto our Select Choice panel. With these new dynamic and exciting products, Barclays Financial Planning will continue to offer customers marketing leading solutions that meet their most important financial solutions."
AEGON UK is one of the biggest life insurance firms in the world, with assets of around £49.8 billion.
23 January 2008 13:20:00
Cutting work stress could be key to making life insurance more affordable for a larger number of people in the UK.
That is the suggestion arising from research conducted into Whitehall civil servants, which uncovered the biological mechanisms that harm heart health.
While previous studies have linked workplace stress to an increased risk of coronary heart disease (CHD), the reason for this has been unclear.
The study published today in the European Heart Journal has been deemed "the strongest evidence yet" of how work stress can lead to CHD.
Monitoring 10,308 civil servants from 1985 onwards, the research team concluded that the chronic work stress associated with CHD was stronger among both men and women under 50.
Their risk was an average 68 per cent more than it was for those who reported no stress at work.
Dr Tarani Chandola, first author of the study, said work stress is also associated with a poor diet and little exercise.
"This study demonstrates that cumulative stress at work can lead to CHD through direct activation of neuroendocrine stress pathways and indirectly through unhealthy behaviours," the doctor concluded.
In a separate study last year, scientists revealed that heart health can be adversely affected by stressful relationships.
Direct Life and Pensions Services Ltd are one of the UK's leading providers of life insurance, term life assurance, mortgage protection, critical illness and life insurance advice online.