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Health insurance news: Sun Life Direct

Owned by Resolution, AXA Sun Life trades as Sun Life Direct. Insurances underwritten by AXA Sun Life.

Sun Life Direct : Company profile

Recent news

Can you afford to die? According to the 2011 Annual Cost of Dying Report from Sun Life Direct, the cost of dying (including death-related costs such as funerals, probate, headstones and flowers) has increased to an average of £7,248, representing a dramatic increase of 20% since 2007, and over £400 more than last year.
Cost of dying increases to £7248 Sun Life Direct's fifth annual cost of dying report says death-related costs such as funerals; probate, headstones and flowers have increased to an average of £7248, representing a dramatic rise of 20% since 2007 and over £400 since last year.
Sir Michael Parkinson is the new face of AXA Sun Life Direct Sir Michael Parkinson, arguably the nation's favourite chat show host, who is recently retired from his chat shows, and was knighted in this year's New Year's honours list, is the new face of the Guaranteed Over 50 Plan from AXA Sun Life Direct. A multi-media advertising campaign, starring Sir Michael, launches in early January 2008 and includes television and print advertising. The television...
Sun Life turns 200 From launching the first life assurance product without a medical examination to turning down a young Charles Dickens, Sun Life is 200 years old. It declined 25-year-old Charles Dickens' application in 1838, on the grounds that he 'works too much'.
Newcastle launches guaranteed over 50s life cover Newcastle Building Society has launched a Guaranteed Over 50s Plan in partnership with AXA Sun Life giving members access to a simple and affordable way of leaving a guaranteed fixed cash sum for dependant family members.
Consumers face 31% increase in funeral costs as total cost of dying tops £7,000 A new survey by Mintel on behalf of life insurer Sun Life Direct says that since 2004 the average increase in price of a funeral has been 42.3%. Funeral costs are up again and payment is becoming a problem for some people. In the last twelve months funeral costs have risen by an average of 7.2% to £2,733 for a standard funeral.
Customers fudge details in fear of higher prices 57% of people fear they will be charged more or refused insurance if they reveal everything about their lifestyle habits and minor medical conditions on their insurance applications.
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...
Non-disclosure is five times higher for paper applications Consumers are five times more likely not to disclose important medical and lifestyle information on paper applications than with tele-underwritten applications. AXA analysed data from more than 9,500 applications for protection products over the past year and found non-disclosure that could potentially lead to a claim being declined with 5.78% of paper applications. This compares with 3.48% for...
AXA scraps automatic GP reports for under 45s AXA has abolished automatic General Practitioner Report limits for consumers under 45 applying for Life or Critical Illness products.The changes are in response to feedback regarding the lengthy delays caused by obtaining GPRs and will speed up application times for consumers. In addition, automatic GPR limits for under 45s' Income Protection applications will increase to £50,000. Greater use...
AXA reduces prices Ahead of expected intense competition from PruProtect, AXA has lead what many other insurers are expected to do publicly or Just over half of all prices are reduced.The average reduction is 3.5%. The products affected are Level Life CoverDecreasing Life CoverGuaranteed Level Life or Earlier Critical Illness Cover Guaranteed Decreasing Life or Earlier Critical Illness Cover. Twenty year old male...
AXA life and critical illness products price reduction AXA has revised its rates for AXA Protection products Level Life CoverDecreasing Life CoverGuaranteed Level Life or Earlier Critical Illness CoverGuaranteed Decreasing Life or Earlier Critical Illness Cover. Two thirds of premiums have reduced in price. Life insurance: News update: February 2007 Related linksAXA - company profile Find out more about critical illness insurance Get a quote for...
AXA reduces prices on life and critical illness cover AXA has announced that on its AXA Protection Account, there are now many reduced prices for Life Cover and Guaranteed Life or Earlier Critical Illness Cover on both a level and decreasing term basis. The price reductions affect approximately 45% of Guaranteed Level and Decreasing Life or Earlier Critical Illness Cover premiums, which have reduced by up to 7%. Other price reductions are to some of...
Income protection : AXA makes Protection Account more available Menu product, AXA Protection Account, is now easier to find. Although still not available direct, AXA is making its protection proposition available via a large number of financial and insurance advisers, instead of just from mortgage brokers. In one policy, AXA Protection offers customers;Income ProtectionMortgage Payment ProtectionShort term Mortgage Payment Protection Critical...
Long term care insurance : Prices increase AXA Sun Life (Axa health insurance) premiums for its pre-funded Long Term Care insurance products are increasing by an average of 60% for new and existing customers. The insurer's 11,500 customers have a choice of paying more premium or accepting much lower benefits.One reason for the increase is that people are living longer. but often in poor health. AXA Sun Life's Lifetime Care Products are...