Life insurance news
- Brits have misconstrued ideas about health, says study - 9th December, 2008

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A new study released today reveals that many Brits think they are healthy when in fact they have low levels of fitness.
The study, conducted by Prudential, shows that while 69 per cent of Brits feel they are in a good state of health, less than half describe their fitness levels as good and just over a quarter eat their recommended daily allowance of fruit and veg... - Norwich Union issues festive crime warning - 9th December, 2008

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Norwich Union has issued a warning to its customers to check their insurance after research by the insurer found that the festive time of year is the worst for burglaries.
According to Norwich Union's data, New Year's Eve is the worst day of the year for break-ins, with houses 25 per cent more likely to be burgled than on any other day... - AXA calculates the cost of living - 8th December, 2008

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Research by the life insurance provider AXA has revealed that an average 25-year-old will have to spend over £1.5 billion over the course of their lifetime to sustain a comfortable standard of living.
AXA, which also provides cheap car insurance, surveyed over 2,000 people and found the average annual expenditure to be £28,455.41 - significantly more than the median average salary of £24,908.
According to AXA, people can save themselves a significant sum of money every year if they take time to plan their outgoings and budget properly.
Steve Folkard, head of savings and pension policy at AXA, said: "According to Oscar Wilde, a cynic knows the price of everything and the value of nothing. We say know the price of everything and the value of planning."
Last month a survey by the pension provider Just Retirement showed that nearly a quarter of those approaching retirement age are struggling with debts accumulated over the course of their working life... - Over-50s 'can buy over the counter cover' - 2nd December, 2008

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The Post Office has announced that it will begin selling life insurance to over-50s over the counter.
Over-50s Life Cover, as the new package is to be called, adds to the travel insurance packages that the Post Office already offers over the counter and has the advantage that it provides instant cover... - Post Office extends home insurance cover - 2nd December, 2008

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Post Office Home Insurance has announced that it will be increasing the amount covered under its policies over the Christmas period.
Allowing for the extra value that Christmas presents may add to policyholders' household contents, the Post Office has said that it will increase its cover by ten per cent throughout the month of December.
Post Office head of home insurance Emma Baunach said that the extra valuables in people's houses should not have to be a cause for worry during the festive season... - LV= launches insurance partnership with Nationwide - 2nd December, 2008

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Insurance and investments broker LV= has announced the launch of a "strategic partnership" with Nationwide Building Society.
Under the terms of the partnership agreement, LV= will become the sole provider of car and travel insurance to Nationwide customers, as well as underwriting many of the Building Society's business, shop and property insurance policies... - Brits are underinsured, research reveals - 1st December, 2008

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Research published today reveals that people in the UK underestimate the value of their household contents when buying insurance, meaning that many could struggle to replace their belongings if the worst happened.
According to a survey by AXA, Brits insure their household contents for £29,000 on average, yet they estimate the value of their possessions at just under £38,000 on average... - Lack of insurance 'puts Brits at risk' - 26th November, 2008

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Research released today by Barclays has shown that significant numbers of people in the UK have no life insurance or critical illness cover, a situation the bank describes as "worrying".
Over half the people surveyed have no life insurance and three-quarters have no critical illness cover... - LV= and Standard Life announce partnership - 26th November, 2008

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LV= has announced it will team up with Standard Life, in order to offer the latter's customers a wider range of protection plans.
The partnership will enable Standard Life's clients to take advantage of LV='s income protection plan, which has won awards for excellence, as well as its 50 Plus Plan... - Shoppers not cutting back on Christmas - 21st November, 2008

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A survey released today shows that nearly three-quarters of people in the UK will spend the same amount as last year or more on their Christmas presents this winter.
The research, conducted by Direct Line Home Insurance, showed that 16 per cent of UK adults will spend more money than last year, while 58 per cent are planning on spending the same amount...