Life insurers could soon face an inquiry into the ‘cruel and unfair’ way they treat dying customers, Money Mail can reveal. The insurance is supposed to provide you with the peace of mind that your loved ones will be financially secure if you die. Many policies will also pay out early if you are diagnosed … Read more
‘We fought for £9.5k refund’: Insurers are unfairly rejecting claims for cancelled weddings By Money Mail Reporter For The Daily Mail Published: 22:27 BST, 25 August 2020 | Updated: 22:27 BST, 25 August 2020 Fighting back: Teachers Lidia Szmid, 30, and partner Adam Burton, 32 Insurers are unfairly rejecting claims for cancelled weddings. But one couple … Read more
Insurers under fire for comparing the Government’s lockdown order to eating your ‘five a day’ By Lucy White For The Daily Mail Published: 21:50 BST, 20 July 2020 | Updated: 22:23 BST, 20 July 2020 A blockbuster legal battle against eight insurers kicked off yesterday over their refusal to pay out business interruption claims to … Read more
Car insurance claims plummet but insurers pocket the savings! As just a handful reimburse drivers, we reveal where costs have dropped most Car insurers have saved £1.3billion as fewer claims were paid during lockdown However most drivers have continued to pay their premiums as they did before Despite a few exceptions most motorists have not … Read more
Health insurers urged to cut premiums for five million Britons who pay for care after almost all 8,000 private hospital beds were seconded to the NHS during pandemic Former Pensions Minister Baroness Altmann called on insurers to cut premiums Five million Britons pay a monthly average of £120 to access swift private care Almost all … Read more
There has been a rise in reports of fire incidents at households across the UK since lockdown began, new research has revealed. Multiple insurers have reported an increase in home insurance claims made by customers after fires started at their homes, with barbecues and bonfires proving to be the main cause of the problems. Aviva … Read more
Insurers face crackdown: Watchdog orders firms to ensure customers get value for money throughout pandemic By Daily Mail City & Finance Reporter Published: 21:51 BST, 3 June 2020 | Updated: 22:38 BST, 3 June 2020 Insurers may have to refund premiums or suspend monthly payments to make sure the price matches the service they provide Insurers … Read more
Thousands of small businesses fear they will go to the wall before the conclusion of a landmark legal battle over vital insurance payouts for Covid-19 closures, campaigners have warned. Sixteen insurers were this week named in a High Court action brought by the financial regulator over the refusal to provide payouts to desperate companies, in … Read more
Siân Williams-Jones initially thought her business was covered as her policy included a ‘notifiable disease’ clause Multiple insurers have began to pay out to businesses on policies they previously claimed didn’t cover coronavirus-forced closures, as the financial watchdog revealed those it will test them in court. There has been a series of disputes in recent months … Read more
Sixteen insurers face court battle accused of wriggling out of paying claims to lockdown-hit firms By Lucy White For The Daily Mail Published: 21:50 BST, 1 June 2020 | Updated: 22:11 BST, 1 June 2020 Sixteen insurers are facing a High Court battle with the City watchdog after being accused of wriggling out of paying … Read more