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Speed Up Settlement Process, FCA Tells Life Insurers

By Sam Tabahriti ( November 22, 2024, 1:36 PM GMT) -- The finance regulator told life insurance firms on Friday to speed up claims settlements and improve customer service for bereaved people, saying that it takes them an average of 53 to 122 days to process a claim and 53 days to deal with "whole of life" policies....

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