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Scottish Widows
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Health insurance news: Scottish Widows
Scottish Widows, established in 1815, is a long established life and health insurer and part of the Lloyds TSB banking group.
Scottish Widows : Company profile
Recent news
Scottish Widows supports British Heart Foundation through protection for life policy
Throughout December, Scottish Widows will be donating one pound to the British Heart Foundation for every Scottish Widows Protection for Life policy sold. The-tie in complements Lloyds TSB and Scottish Widows' two-year partnership that launched in July 2008 when the British Heart Foundation (BHF) became their charity of choice.
Scottish Widows publishes critical illness claims data
Scottish Widows has published its critical illness claims history. From January 2000 to October 2007, Scottish Widows paid out over £150 million for over 4,540 critical illness claims. In the year up to October 2007 over £29 million was paid out on 847 critical illness claims.
Tax efficient Life/Pension Term Assurance - No insurer has permanently withdrawn from offering PTA
Despite what you may have read on other web sites, in the trade press, national and local papers and heard or seen, NO insurer has yet confirmed they have permanently withdrawn from offering Pension Term Assurance. The following insurers have either told us direct or by an official press release, that their product is suspended from any more new business or enquiries. The suspension will stay...
Scottish Widows launch online films and competition to win trip to Beijing Olympics
Two dramatic new film clips have been launched that elegantly integrate images of Olympic hopefuls with those of the famous Scottish Widow. The films, which form part of an online advertising campaign, celebrate the sponsorship collaboration between the Olympics 2012 and Scottish Widows. The sensual and stylish films feature impressive choreographed routines performed by champion gymnasts Alex...
ABI definitions of critical illness
We have already covered news of most of the main changes by insurers to comply with the new definitions of critical illness agreed by trade body ABI. A few stragglers have quietly updated their products: Scottish WidowsABI standard with no enhanced definitions. Has added progressive supranuclear palsy and bone-marrow failure to its guaranteed-rate plan, plus traumatic head injury for both...
Money worries forcing 3.5 million Mums back to work says Scottish Widows
Over 11 million UK households dependent on more than one salary to cover the bills Of the 7.1 million UK households with dependent children - 3.5 million are reliant on two salaries Over half of Brits have less than two months salary tucked away in savings for a rainy day Research by insurer Scottish Widows, reveals that the cost of running a home means that almost half (44%) of households...
Scottish Widows : Three Widows, two decades, one celebration
On the 28th November 2006, insurer Scottish Widows held an exclusive event in Shakespeare's Globe Theatre to celebrate the 20th Anniversary of the iconic Widow.As part of the celebrations - in a surprise and unprecedented move that delighted the guests - all three Widows appeared together for the first time.Deborah Moore, daughter of Roger Moore and the first ever Scottish Widow, TV presenter...
Scottish Widows claims nation playing double jeopardy
The nation is dramatically under-prepared for the loss of a breadwinner's income through either death or illness, according to the Scottish Widows Protection Report.The report, which will be repeated annually to track the nation's protection shortfall, found only one in four believe they are adequately protected should they lose the main income from their household. Over half of Britons have less...
Axa SA and Swiss Re bid for Scottish Widows
Insurers Axa SA and Swiss Re have made a joint bid for Scottish Widows, the life and health insurer owned by Lloyds TSB bank. The pair have put together a break-up proposal that will see Axa take control of most of Scottish Widows, with Swiss Re acquiring the group's closed life assurance funds. The board of Lloyds is considering the bid. Related linksAn overview of critical illness insurance...
Scottish Widows supports Breast Cancer Care
Critical illness insurer Scottish Widows commissioned iconic British fashion designer Zandra Rhodes to design a unique cloak, which has been auctioned off at Breast Cancer Care's annual Fashion Show. Hayley Hunt, the new face of Scottish Widows, modelled the pink cloak, which raised substantial funds for Breast Cancer Care. Scottish Widows' chosen charity of the year is Breast Cancer Care....
Health Insurance : Scottish Widows to launch menu product
Insurer Scottish Widows is preparing to launch a new menu based protection product. It will offer one policy with a variety of options. Covers are almost certain to include life assurance, income protection , critical illness, and pension term assurance. During 2006 it will be tested by sister company LloydsTSB Bank ,with a full launch by 2007. Key components of the plan include freedom of...
Scottish Widows checks out of Asda life cover
Scottish Widows and supermarket giant Asda have terminated their agreement to sell life cover products at the checkout. A deal was signed three years ago to sell life products direct -which Asda would distribute by promoting the product through a leaflet, and Scottish Widows would administer and service through its call centre. The two companies have now decided to end the arrangement, as the...
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