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Health insurance news: Universal Provident

Universal Provident is an underwriting agency specialising in health insurance.  It's owned by financial services group Berkeley Morgan and it's insurance is underwritten by Personal Assurance.

 


Recent news

  • New options on choice of cover product Universal provident logoUniversal Provident has added two more options to its individual private medical insurance policy Choices, and the corporate version Group Choices.
  • Unusual new health insurance plan from Universal Provident Universal provident logoUniversal Provident has launched an unusual new health insurance cover for individuals and businesses.
  • Increase in care benefit Universal provident logoLong term care insurer Universal Provident has increased the maximum initial insurable benefit for LivingCare from £20,000 to £35,000 per annum.
  • Universal Provident reveals claims figures Universal provident logoMost medical insurance companies are very reluctant to reveal claims figures. Insurers of income protection and critical illness started a slow avalanche of claims information that caused more claims to be paid, and forced companies to behave better to claimants.
  • Universal Provident takes underwriting in-house Universal provident logoThe underwriting of most of Universal Provident's product range has been brought inhouse, with sister company Personal Assurance Plc now the insurer. Underwriting was formerly provided by Great Lakes, part of Munich Re (which will still be involved as reinsurer).
  • Private medical insurance: Sales boost for Universal Provident Universal provident logoParent company Personal Group has invested in the expansion of private medical insurer Universal Provident. Extra sales staff will be recruited in the next few weeks to help boost sales of its products Related linksA guide to private medical insurance Universal Provident company profile Private medical insurance : News update: September 2006