Category: Aviva Life Insurance

Image source: Aviva plcThe UK financial services sector certainly has some juicy dividend yields right now. Insurer Aviva (LSE: AV) yields 7.2%, for example. That attracts me and I would happily buy Aviva shares for my portfolio if I had spare cash to invest. But even better than the Aviva dividend yield is that offered by Legal & General (LSE: LGEN), currently standing at 8.6%.I would also happily buy Legal & General shares if I had the spare cash. Looking at the two shares from an income…
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Source: https://uk.finance.yahoo.com/news/8-6-7-2-does-112451625.html

If you’ve changed jobs a couple of times, the chances are you’ll have built up more than one workplace pension.But if you’ve lost track of them, pensions firm Aviva has launched a new service that could help your search. Although the government is planning to introduce pensions dashboards as a way to bring pension pots together in one place, the project has been delayed multiple times, so free pension tracing tools can help to fill the gap. Here, Which? takes a closer look at…
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Source: https://www.which.co.uk/news/article/aviva-launches-free-pension-tracing-service-how-does-it-compare-aBn4X6I1g0AD

Image source: Getty ImagesAviva’s (LSE: AV) share price has lost around 6% in value from its 12-month 2 April traded high of £4.99.This aligned with the FTSE 100’s decline from 8,000 around that point, prompted I think by profit-taking from short-term investors.Is it a bargain now?Based on key stock value measures, Aviva was a bargain even before the recent price drop, but more so now.On the key price-to-earnings (P/E) valuation measurement, it currently trades at just 12. This is the…
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Source: https://uk.finance.yahoo.com/news/aviva-share-price-bargain-now-084442671.html

Aviva is enhancing its Direct Home insurance to provide greater cover for customers.

The changes will apply to new home insurance policies bought directly from Aviva from 20th March 2024, and will be applied for existing customers at renewal. The enhancements are the latest development from Aviva’s home insurance product suite, which offers a choice of products to suit different needs and budgets. 

Cover for “valuables” such as jewellery, watches, and artwork, is increasing…
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Source: https://www.webwire.com/ViewPressRel.asp?SESSIONID=&aId=320915

Aviva has enhanced its Direct Home insurance offering in a bid to provide greater cover for its customers.
The changes were applied to new home insurance policies bought directly from Aviva from 20th March 2024, and for existing customers looking for renewal.
Cover for valuables such as jewellery, watches, and artwork, increased from £30,000 to £50,000, after research showed customers ranked it in the top five most important features of home insurance.
Similarly, the claim limit for…
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Source: https://theintermediary.co.uk/2024/04/aviva-enhances-direct-home-insurance-offering/

Image source: Getty Images

Aviva’s (LSE: AV) share price has lost around 6% in value from its 12-month 2 April traded high of £4.99.

This aligned with the FTSE 100’s decline from 8,000 around that point, prompted I think by profit-taking from short-term investors.

Is it a bargain now?

Based on key stock value measures, Aviva was a bargain even before the recent price drop, but more so now.

On the key price-to-earnings (P/E) valuation measurement, it currently…
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Source: https://www.fool.co.uk/2024/04/23/is-avivas-share-price-a-bargain-now-its-trading-well-below-5/

More than £1.1 million paid every day for employees and their families through Group Protection policies £1.15 billion paid in group protection claims over the past 3 years 83% of employees helped by Aviva’s rehabilitation services remained in or made a successful return to work Aviva paid £413,783,489 in Group Protection claims for 8,077 employees and their dependants in 20231. Last year’s Group Protection claims payment is the equivalent of paying out more…
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Source: https://www.aviva.com/newsroom/news-releases/2024/04/aviva-pays-over-413-million-in-group-protection-claims-during-2023/

Aviva is enhancing its Direct Home insurance to provide greater cover for customers. The changes will apply to new home insurance policies bought directly from Aviva from 20th March 2024, and will be applied for existing customers at renewal. The enhancements are the latest development from Aviva’s home insurance product suite, which offers a choice of products to suit different needs and budgets.  Cover for “valuables” such as jewellery, watches, and artwork, is…
Read More…

Source: https://www.aviva.com/newsroom/news-releases/2024/04/aviva-enhances-its-direct-home-insurance-to-provide-greater-cover-for-customers/

Overall, 8,077 employees and their dependants received a claims payment last year, with cancer continuing to be the leading cause of claim across all three products.
Life insurance
For group life insurance, Aviva paid out £255.8m to 2,144 claimants, with an average payment of £117,663.
Cancer was the primary reason for claiming (38%), followed by heart disease (16%), stroke (3%), suicide (3%), and respiratory conditions (3%).
Over half (54%) of claims were made for insured members aged…
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Source: https://www.covermagazine.co.uk/news/4199728/aviva-pays-gbp413-8m-group-protection-claims-2023