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Zurich has revealed it paid 92% of critical illness (CI) claims last year.
L&G has given the use of Subject Access Requests (SARs) a ringing endorsement and said they produce much better results than other methods of obtaining medical information.
The Financial Services Authority (FSA) will conduct another consultation into SIPP charge disclosure after an industry backlash.
Other non-disclosure articles
Aegon paid 94% of critical illness (CI) claims in the first half of the year, a 3% increase on its overall result for 2010 (91%).
Aviva paid 92.5% of critical illness (CI) claims during the first six months of the year.
Scottish Provident paid 91% of critical illness (CI) claims during the first half of the year.
Bright Grey paid 90% of critical illness claims in the first half of the year.
The protection sector has a “colossal opportunity” to expand after the Retail Distribution Review (RDR) but many IFAs lack protection knowledge and those that do have it do not use it, according to new research.
The Financial Ombudsman Service (FOS) has released a consumer fact sheet clarifying the importance of medical non-disclosure.
Aviva paid almost 95% of critical illness (CI) claims and 99.6% of those resulting from death last year.
Cirencester friendly paid 94% of its valid income protection (IP) claims totalling £2.7m in 2010 and reiterated its call for other providers follow suit.
Aviva has increased its critical illness (CI) claims payment rate to 93% in the first six months of 2010.
Canada Life is introducing telephone interviewing for all of its group insurance products.
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