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Bulletin 08-2008

All the latest life insurance facts and figures

Round up

4 - the number of life insurance rate changes since the last bulletin (AXA, AEGON, L&G, Zurich)
5 – the number of new conditions that AEGON has added to their critical illness policy (Rheumatoid Arthritis, Encephalitis, Open Heart Surgery, Primary Pulmonary Hypertension, Systemic Lupus Erthematosous)
9 – the number of Real Life Cover applications processed by LifeSearch on the day of launch
21 - the percentage of respondents to the Property Price Tracker survey (carried out by YouGov for the BSA) that believe property prices will fall over the next year.
50,000 – the number of consultants on the BUPA Best Doctors list
400,000 – the number of people who have given up smoking since the ban came into force, according to BUPA

“Congratulations on the launch of Your Life Cover and Real Life Cover. I am delighted to see some real innovation in the protection industry especially when it is the product of people at the coalface and those with really different ideas. Most of our products are me-too with lack a lot of original thinking behind them. These are notable exceptions and I hope they sell very well.”
Peter Le Beau
Managing Director, Le Beau Visage

Protection press watch

In the last month we've counted at least 27 positive and balanced life insurance and protection articles in the consumer press. The consumer titles most likely to cover protection were The Telegraph, The Times and The Mirror.

Heroes

Fortis...

…for launching Real Life Cover with LifeSearch, which is being described as the most innovative new protection product for 25 years. The product will shortly be sold by a wide range of distributors and is available for other Life Offices and life insurance providers to take up too.