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Health insurance news: Standard Life Healthcare

Standard Life Healthcare, a specialist health insurer is one of the top PMI insurers in the UK.  It is owned by Standard Life Assurance.

Recent news

  • Medical care costs more than people realise Standard Life logoNew research from Standard Life Healthcare shows that while two in three people would consider paying for their own treatment rather than wait for the NHS, most of them have the wrong idea about how much that treatment will actually cost.
  • New group products from Standard Life and HCA Standard life logo - newHealth insurer Standard Life Healthcare and London hospital group HCA International are set to launch a special offer for companies with over 40 employees.
  • Latest claims statistics for critical illness Standard Life logoDespite a higher than average payout rate, 33% more claims were declined in 2007 than in 2006. Overall claims increased by 16%.
  • Millions ignoring food labelling Standard life logo - newNew research shows that one in three men and one in five women do not read the nutrition information label on food packaging. The under 25s are more concerned with calorie counting than they are with the levels of salt, protein, fibre and fat they are taking in.
  • Autumn price rises and other changes Standard life logo - newThe following small rate increases will take effect from 1 September 2007: 3.0% for individual Primecare range, EspritHealth and Choices3.0% for Company Primecare Plus3.4% for Company Primecare, including the Psychiatric option Increased loading for Extended London Upgrade option from 45% to 65%. This increase will apply right across the range of products for individuals and small businesses....
  • Health insurance companies make customer pledge 26 health insurance companies have signed up to the Customer Impact Scheme, an initiative to provide excellent standards of service to purchasers of income protection and critical illness insurance plans. Each insurer has pledged to:Develop and promote products and services that meet the needs of customers Provide customers with clear information and good service when they buy products Provide...
  • Tax efficient Life/Pension Term Assurance - No insurer has permanently withdrawn from offering PTA Sanyres elderly coupleDespite what you may have read on other web sites, in the trade press, national and local papers and heard or seen, NO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...
  • Tesco guarantee 20% saving on health insurance Tesco personal financeTesco launched health insurance in January and as a special offer to mark the launch of Tesco Health Insurance Finest Cover, it guarantees to cut premiums for customers who already have health insurance with Bupa, Standard Life Healthcare and Norwich Union Healthcare. The offer does not apply to AXA PPP healthcare customers, as that company is the insurer for Tesco Health. Until 16 October,...
  • New report on cost of private medical insurance PruHealth logoA new Defaqto report into the cost of private medical insurance reveals PruHealth's approach can result in premiums that are up to 44 per cent cheaper than competitors in the first year. Independent researchers Defaqto analysed the premiums charged by five of the UK's leading PMI providers – PruHealth, AXA PPP, Norwich Union, BUPA and Standard Life – and found first-year premiums can vary by as...
  • Joint advertising campaign to promote private healthcare Making Britain Healthier - promoting private healtFor the first time ever, a group of insurers and independent hospitals have combined to launch a major television and newspaper advertising campaign to promote the benefits of private healthcare. Six of Britain's leading private hospital and health insurance companies have joined forces to champion the benefits of private healthcare. AXA PPP healthcare, BMI Healthcare, BUPA Hospitals, BUPA...
  • Standard Life drops takeover of Resolution Standard life logo - new Standard Life has scrapped its £4.9bn battle for Resolution - a move widely anticipated after a drop in its shares slashed the value of its bid. Standard's move marks its withdrawal from the biggest insurance takeover battle since 2000, when CGU bought Norwich Union for £7.4bn to create Aviva, the UK's largest insurer. The abandonment now leaves the way open for rival suitor Pearl...
  • People prefer phone to e-commerce when it comes to insurance prefer to contact insurance companies by phoneResearch from Standard Life Healthcare gives a valuable insight into how people are using email, the web and SMS text to access services. Insurance is an area where people tend to be reticent about using ecommerce. The survey found that: Most people (59%) prefer to contact insurance companies by phone. Nearly one in five (18%) prefer using a website, 15% prefer post and 8% prefer email. People...
  • Standard Life wins award for children's concerts Standard life logo - newStandard Life has won the Arts, Business & Sustainability category at the Arts and Business Awards, in recognition of the company's established and ongoing partnership with Children's Classic Concerts. For thirteen years the Children's Classic Concerts organisation has been delighting families and school parties with their fun-filled introduction to live orchestral music. In recent...
  • Standard Life boosts income protection cover Standard life logo - newStandard Life has introduced improvements to its Income Protection Plan Maximum benefit increased to £150,000 from £125,000 All exclusions including pregnancy and HIV are removed Andrew Cook, Product Marketing Manager, Standard Life says:” Protecting your income should be as important as insuring your life or home. The changes to our plan will make it easier for customers to understand...
  • People prefer to contact insurers by phone People prefer to contact insurer by phoneThe majority of people prefer to contact insurers by phone, says research from Standard Life Healthcare. The survey of 1,021 adults found that 59% prefer to use the phone, followed by the web (18%), the post (15%) and email (8%). Internet security is now trusted by 28% of adults, but this is still less than the post (42%) and phone (68%). When it comes to claiming on insurance, four in ten people...
  • Standard Life Healthcare launches modular product for small businesses Standard life logo - newStandard Life Healthcare has launched a new modular business healthcare product aimed at the self-employed and small businesses. The product 'business healthcare' allows a mix and match of benefits to create a bespoke product that meets their specific needs. You start with one of the four core modules - medical, dental, health cash or travel - then add benefits to build your desired package. You...
  • Life insurance has never been cheaper Standard life logo - newThe cost of life insurance cover from Standard Life has fallen on average by 32% in the last ten years1A man who will be 40 on his next birthday would pay up to £3,207 less on life insurance payments over the term of a Standard Life policy compared to 10 years ago, a saving of 43%Rates have come down even if you are a smoker Following analysis of its historical life insurance rates, Standard...
  • Life insurer helps primary school children get On the Money Standard life logo - newStandard Life, in partnership with Learning and Teaching Scotland and Scottish Book Trust, has launched On the Money, a progressive and innovative new financial capability project aimed at helping children become financially responsible adults. The emphasis of this unique initiative is to introduce financial topics to primary aged children through storytelling. Combining literacy, numeracy and...
  • Under 35s want text service Standard Life logoA survey of 1,012 people for health insurer Standard Life Healthcare reveals that more than half of those 35 would like to text enquiries to insurers and advisors - and to receive replies by text. Private medical insurance: News update: May 2007 Related linksStandard Life Healthcare - company profile Read more about private medical insurance Get a quote for private health insurance
  • Standard Life Critical Illness Claims for 2006 - declined claims fall significantly Standard life logo - newCritical Illness claims statistics full year 2006: Key highlights: 360 claims paid worth a total value of 18.7 million Marked reduction in declined claims, down to 7.5% Average claim value 52,138 Largest claim paid 500,000 64% of claimants were aged between 40 and 59 33% of claimants were aged under 39 3% of claims were made by people over 60 At the time of claim, 72% of policies were in-force...
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