Bulletin 09, 2007
Round up
3 - the number of life insurance rate changes since the last bulletin, 1 from Friends Provident and 2 from Bright Grey
5% - the number of people who bought life insurance and protection from LifeSearch last month who were under the age of 25
25% - the potential reduction on critical illness premiums for policyholders where cancer or MS has been excluded
£200,000 - the maximum sum assured available under the MOD's new life insurance cover plan
Out of context
'It wasn’t great weather over the weekend, it was bright late on but mostly grey'
'I'm going for the pink one'
'I've entered most of the LifeSearch people'
'I'll fight you over a beer'
'You can't give it to a dead person'
'Apparently oral sex has been linked to throat cancer, I guess there are dangers in everything these days'
Comments of the week
'As an adviser you can often tell if someone is hiding something. I say to them, look, you have obviously got something to tell me and you need to put this down, otherwise it is just not worth filling this life insurance application form out.'
Roy McLoughlin,
Senior Partner, Master Adviser
'The Service Life Insurance Scheme is designed to complement and reinforce our existing schemes. It gives our personnel the option to take out life insurance cover that is tailor made to reflect the unique nature of what they do. Cover is available to each and every serviceman or woman across every unit, ship and regiment at every stage of their career. Whatever their job, wherever they are.'
Adam Ingram,
Armed Forces Minister
Heroes of the week
Pioneer
Who this week announced a paid claims ratio of 96.89% for all income protection claims received during 2006. The most common claims were for muscular and skeletal reasons (18%), operations (16%) and back and neck injuries (12%).
AXA
Who won Best Life Insurance Provider this week at this year's What Mortgage Awards
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