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Bulletin 03-2008

Life insurance round up from LifeSearch Research 2008

Round up

4 - The number of Life Insurance rate changes since the last bulletin (Norwich Union, Legal & General, Royal Liver, AXA).
36 - The percentage of life insurance policies accepted immediately at ordinary rates, according to results from the forthcoming report 'LifeSearch Research 2008'.
40 - The percentage of life insurance providers who think Income Protection sales will increase in 2008, according to results from the forthcoming report 'LifeSearch Research 2008'.
100 - The percentage of critical illness insurance applicants who when offered an exclusion for either cancer or multiple sclerosis with a reduced premium at underwriting stage, take the policy out, according to
BUPA.
27,100 - Number of homes repossessed in 2007 according to the Council of
Mortgage Lenders.

Comment

"Over the last 12 months this company has become a serious life insurance provider.

"They have improved their service, underwriting, claims, products and pricing and if they continue to improve who knows where they'll be this time next year.

"Unlike some others they have taken our feedback on board, properly listened and understood how to improve their relationship with us - and most importantly of all they have acted on it positively and pro-actively and they've seen a huge increase in their business share as
a result."

Voter's comments on Best Overall Life Insurance Provider winner, AXA LifeSearch Protection Awards 2008.