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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 Banking Group.

Scottish Widows : Company profile

Recent news

Research from the Centre for the Modern Family The traditional 2.4 family is a thing of the past, with eight out of 10 people now describing their family set-up as not traditional, or not conforming to the stereotypical two married parents with two or more children.
Businesses need education on protection 63% of small, family-run businesses would not survive the loss of a key member of staff due to ill health or death, according to new research by Scottish Widows.
Businesses more inclined to protect office equipment than their own staff New research from Scottish Widows says that businesses remain worryingly passive when it comes to protecting one of their key assets - their employees.
Health and fitness on the back burner Devoting time to health and fitness is bottom of priorities, according to new research from the second annual Scottish Widows Priorities of Life index. For the second year in a row 45% are struggling to devote enough time to maintaining their fitness.
Lloyds TBS to keep Scottish Widows Lloyds TSB has decided to keep Scottish Widows and cancel previous plans to sell it. The life insurer will be at the heart of a new bancassurance proposition, and will be building specialised advisor teams for customers.
Scottish Widows launches competition to win tickets to London 2012 Scottish Widows has a new online and interactive competition to win one of 12 prizes to attend. Prizes include two tickets to the London 2012 Olympic or Paralympic Games opening ceremony, hotel accommodation plus hospitality.
Scots fare better when it comes to protecting themselves and their families Research from Scottish Widows shows that Scots are more likely to have a life insurance or critical illness policy in place than any other part of the UK.
New life service for people with pre-existing conditions Life Cover for All has launched as an advice service focused on helping people with pre-existing medical conditions obtain life cover.
Over half have no life insurance, leaving many families vulnerable New research from Scottish Widows shows that 56% of adults have no life insurance in place to secure the financial wellbeing of their loved ones. More insure their pets and mobile phones than they do their income in case of ill health.
Scottish Widows has paid out £1.15 billion in life and critical illness claims since 2000 Since January 2000 the total combined amount paid by Scottish Widows is over £1.15 billion, which equates to over £2 million each week, on life and critical illness claims.
For sale, one Scottish Widow Lloyds is preparing to sell life insurer Scottish Widows to focus on core banking services. The bank is currently in the throws of a strategic review. Scottish Widows is expected to be sold as a going concern.
People unable to focus on their life priorities Research from Scottish Widows suggests that seven out of 10 British adults are struggling to devote enough time to their life priorities.
Nation needs to get exercising New research from Scottish Widows suggests that the UK is far from a nation of Olympic wannabes. On average, people spend just 108 minutes each week keeping fit, taking part in just two exercise sessions.
Scottish Widows adds Best Doctors Scottish Widows has added the Best Doctors service to critical illness, life and income protection policies. The Best Doctors service is an independent UK-wide list of leading medical specialists selected by their peers as being the best in their field.
Scottish Widows paid out £240m in the last ten years on critical illness claims Between November 2008 and October 2009 2010, Scottish Widows paid out an average of £587,000 each week on critical illness cover claims. This is equivalent to more than £30 million over the 12-month period, and 912 claims.
Scottish Widows adds Best Doctors service Scottish Widows has added Best Doctors, the expert medical second opinion service, to its life insurance policies. The service is available to customers, their spouse/civil partner and their children, at no extra cost.
Scottish Widows comments on the plans to scrap the default retirement age Ian Naismith of Scottish Widows comments on the government plan to scrap the default retirement age: This is a positive step towards both employers and employees acknowledging that many of us will need to work past 65.
Health and fitness on the back burner New research from the Scottish Widows suggests that despite their best efforts, time-poor people are struggling to make space in their lives to look after their health and fitness.
Scottish Widows could be next to be sold off The summer sale of UK life assurers could include Scottish Widows. Owner Lloyds Bank is coming under pressure from shareholders to sell Scottish Widows, which could fetch the banking giant about £7bn.
Scottish Widows creates iconic new images of the Scottish Widow Scottish photographer David Boni is shooting the Scottish Widow for new 2010 photographs. For the first time ever Scottish Widows has filmed short pieces of film footage as well as taking still shots.

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