Aviva is offering free life insurance to new parents. Cover of up to £10,000 is available to those with first offspring aged less than six months, and lasts until the child’s first birthday. The promotion is in response to recent research from the insurer indicating that 40% of parents have no life insurance in place. [...]
Tag Archive > Life
Aviva trials postcode pricing for life insurance
Aviva may be adding a postcode element to its life insurance premiums. The group is currently trialling the use of postcodes to illuminate the personal circumstances of its protection customers, having already introduced postcode weightings on its annuity products, along with several of its competitors. Aviva’s protection director, Richard Verdin, says research by the group [...]
PruProtect launches Essentials life products
PruProtect is launching a new “Essentials” range comprising life only and life with serious illness cover. The plans are being made available online only to all UK intermediaries and includes the option to upgrade to the provider’s existing PruProtect plan. With the new products, some features (including automatic children’s cover, guaranteed insurability options and immediate [...]
Equitable Life awards surprise interim bonuses
Long-suffering policyholders at Equitable Life have been awarded increases of up to 5.5% in policy values. The failed mutual said it was pleased to announce that, with immediate effect, it has reintroduced interim bonuses and reversed the reduction in policy values made in March 2009 as follows:- An interim bonus of 3.5% has been awarded [...]