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flag UK watchdog criticizes life insurers for slow processing of bereavement claims, some taking up to 122 days.

flag The UK's financial watchdog, the FCA, has criticized life insurers for slow bereavement claim processing, with term insurance claims taking up to 122 days. flag While insurers face challenges like obtaining medical evidence, the FCA calls for faster and better service, emphasizing the need to prioritize customer support. flag The regulator will monitor improvements and take action if needed.

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